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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Industrial properties
73 Riv Rd Willington, CT 06279-1830
Individually Owned
37-yr Hold
Free & Clear
Property ID
US15-0856074
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
31,200 SF
Lot
5.1 ac (222,156 SF)
Zoning code
DI
APN
WILL M:10 L:004-00
UPID
US15-0856074
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
-
Cable Technology Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$775k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.28M
Owner & transaction history
South Willington Ltd · 37 yrs held
South Willington Ltd
since 1989
3 recorded transactions
Zoning & alternative use
DI · Willington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Designed Industrial (DI). B. Approval of a change of zone to such designation shall be a precondition of any application for any use permitted in such zone in accordance with Article 5, Use Regulations, of these regulations. C. For the purpose of this article, the term "underlying zone" shall be defined as the zone or district existing on the subject parcel…
Zone name
Designed Industrial
General category
INDUSTRIAL
Zone area
118.61 ac
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 Willington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willington 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
by Request
ML approach
$775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±10%
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
$28,039
Tax year 2023
Assessed value
$871,860
Assessed 2023
Previous assessed
$871,860
+0.0% YoY
Effective rate
3.22%
On assessed value
Assessed land
$223,740
Assessed improvement
$648,120
Applied tax rate
418.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
31,200 SF
Lot
5.1 ac (222,156 SF)
Zoning code
DI
APN
WILL M:10 L:004-00
UPID
US15-0856074
Jurisdiction
WILLINGTON
Zoning & alternative use
DI · Willington, CTZoning DI · permitted uses
DI · Willington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Designed Industrial (DI). B. Approval of a change of zone to such designation shall be a precondition of any application for any use permitted in such zone in accordance with Article 5, Use Regulations, of these regulations. C. For the purpose of this article, the term "underlying zone" shall be defined as the zone or district existing on the subject parcel prior to the filing of an application for a Designed Development Zone.
Zone name
Designed Industrial
General category
INDUSTRIAL
Zone area
118.61 ac
Building & site characteristics
From public records
Year built
1987
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
5.1 ac
Current owner
From public records · entity-resolved
South Willington Ltd
Individual
Free & Clear · 37 yrs held
Mailing address
73 RIV RD, WILLINGTON, CT 06279-1830
Ownership since
1989
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2007
—
South Willington LP
—
Deed Of Trust
related
$386,000 · Webster Bank
Mar 16, 1998
—
South Willington LP
—
Deed Of Trust
related
$625,000 · Webster Bank
Feb 2, 1989
$835,000
South Willington Ltd
Cabel Technology
Grant Deed
—
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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