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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Office buildings
74 Boston Post Rd Madison, CT 06443-2157
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US15-0926757
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
FRAME
Total area
2,832 SF
Lot
0.26 ac (11,326 SF)
Zoning code
C
APN
MADI M:44 B:52
UPID
US15-0926757
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
-
Cooperative Funeral Fund Inc Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$540k
Blend (final)
Blend
$505k
Owner & transaction history
Mark Mannix · 18 yrs held
Mark Mannix
since 2007
7 recorded transactions
Zoning & alternative use
C · Madison, 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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$350,000
Current use
COMMERCIAL (GENERAL)
$320,000
Change: -9% · Conversion: Easy
RETAIL STORES
$305,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$178 / 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
$11,874
Tax year 2023
Assessed value
$396,200
Assessed 2023
Previous assessed
$396,200
+0.0% YoY
Effective rate
3.00%
On assessed value
Assessed land
$168,600
Assessed improvement
$227,600
Applied tax rate
328.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1990
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
2,832 SF
Lot
0.26 ac (11,326 SF)
Zoning code
C
APN
MADI M:44 B:52
UPID
US15-0926757
Jurisdiction
MADISON
Zoning & alternative use
C · Madison, CT
Zoning C · permitted uses
C · Madison, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$350,000
COMMERCIAL (GENERAL)
Est. value
$320,000
RETAIL STORES
Est. value
$305,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1990
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Mark Mannix
Individual
Mailing address
74 BOSTON POST RD, MADISON, CT 06443-2157
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2019
—
William Woods
—
Deed
related
$45,000 · Prime Lending INC
May 9, 2012
—
Mark Mannix Ret
—
Deed Of Trust
related
$350,000 · Wells Fargo Mortgage
Sep 29, 2010
—
Mark Manix Ret
—
Deed Of Trust
related
$150,000 · Webster Bank
Oct 29, 2007
$1
Mark Mannix
Mannix,mark C
Grant Deed
related
—
May 30, 2007
$1
Mark C Mannix
Mannix,mark C
Grant Deed
related
—
Apr 1, 2003
$355,000
Mark C Mannix
Murphy,robert J
Warranty Deed
$319,500 · Wachovia Bank NA
Feb 6, 2003
—
Csdr LLC
—
Deed Of Trust
related
$400,000 · First City Capital Corp
Jul 2, 2002
—
Robert J Murphy
—
Deed Of Trust
related
$50,000 · First City Capital Corp
Apr 12, 2001
—
Robert J Murphy
—
Deed Of Trust
related
$250,000 · First City Capital Corp
Nov 21, 2000
—
Robert J Murphy
—
Deed Of Trust
related
$310,000 · First City Capital Corp
Aug 4, 2000
—
Robert J Murphy
—
Deed Of Trust
related
$90,000 · First City Capital Corp
May 21, 1999
—
Robert J Murphy
—
Deed Of Trust
related
$215,000 · First City Capital Corp
Sep 4, 1998
—
Robert J Murphy
—
Deed Of Trust
related
$215,000 · First City Capital Corp
Jun 3, 1997
—
Robert J Murphy
—
Deed Of Trust
related
$140,000 · Fec Mortgage Corp
Aug 31, 1995
—
Robert J Murphy
—
Deed Of Trust
related
$35,000 · Raymond Cordani Tr
Jan 31, 1995
—
Robert J Murphy
—
Deed Of Trust
related
$160,000 · Guilford Savings Bank
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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