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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Warehouses
729 Mtn Rd, Newington, CT 06111-1424
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US15-0751324
Property summary
AI-generated overview
This ±13,764 square foot industrial building, located at 729 North Mountain Road in Newington, Connecticut, presents a fantastic opportunity for manufacturing or fabrication businesses. Situated on a 0.79-acre lot in Hartford County, this single-story structure boasts two loading docks and one drive-in door, ensuring efficient loading and unloading operations. Built in 1962 and renovated in 2024, the property is zoned for industrial use and offers a single tenancy. The building's ample square footage provides significant space for production, storage, and office areas. Its convenient location in Newington, Connecticut, offers easy access to major transportation routes, making it an ideal location for businesses needing efficient logistics. The property's recent renovation ensures modern functionality and efficiency, providing a ready-to-occupy space for a variety of industrial uses. The combination of size, features, and location makes this property a highly desirable asset for businesses seeking a well-maintained and strategically located industrial space in Connecticut. The zip code is 06111. This is a single-tenant property.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,764 SF
Lot
0.79 ac (34,412 SF)
Zoning code
I
APN
NEWI M:5 B:17 L:0
UPID
US15-0751324
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Atlas Stamping & Manufacturing Corporation Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$669k
Blend (final)
Blend
$560k
Owner & transaction history
729 North Mountain LLC · 5 yrs held
729 North Mountain LLC
since 2021
Last sale
$500,000
2 recorded transactions
Zoning & alternative use
I · Newington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Newington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$605,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$770,000
Current use
INDUSTRIAL (GENERAL)
$745,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $500k (May 4 2021)
Last sale anchor
$500k
May 4 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$41 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,373
Tax year 2023
Assessed value
$452,890
Assessed 2023
Previous assessed
$452,890
+0.0% YoY
Effective rate
3.84%
On assessed value
Assessed land
$70,000
Assessed improvement
$382,890
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
1
Stories
1
Units
1
Total area
13,764 SF
Lot
0.79 ac (34,412 SF)
Zoning code
I
APN
NEWI M:5 B:17 L:0
UPID
US15-0751324
Jurisdiction
NEWINGTON
Zoning & alternative use
I · Newington, CT
Zoning I · permitted uses
I · Newington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$770,000
INDUSTRIAL (GENERAL)
Est. value
$745,000
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
1
Units
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
729 North Mountain LLC
Entity
Mailing address
95 DAY ST, NEWINGTON, CT 06111-1207
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2021
$500,000
729 North Mountain LLC
L&a Re Corp
Warranty Deed
$400,000 · Nutmeg State Federal Credit Union
Apr 15, 2013
$410,000
Nguyen Holding LLC
L L&sons INC
Warranty Deed
$369,000 · L L&sons INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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