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Property profile & analytics
FOR LEASE
Showrooms
744 Wolcott Rd Wolcott, CT 06716
Individually Owned
30-yr Hold
~
Est. High Equity
Property ID
US15-0304540
For Lease
1 / 2
$1,290,000
744 Wolcott Rd, Wolcott, CT 06716
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Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,342 SF
Lot
3.07 ac (133,729 SF)
Zoning code
GC
APN
WOLC M:113 B:8 L:150A
UPID
US15-0304540
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
-
CDReload - Online Bitcoin ATM Crypto Atm Atm
-
higi Physician
-
Rite Aid Pharmacy Pharmacy
-
Rite Aid Photo (Bike/Boat/Book/etc) Store
-
Rite Aid Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$1.29M
Owner & transaction history
Meadow Wolcott Long · 30 yrs held
Meadow Wolcott Long
since 1996
4 recorded transactions
Zoning & alternative use
GC · Wolcott, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+67.0%
Apartment house (5+ units)
$1.1M
+12.6%
Auto repair, garage
$1.0M
+3.6%
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 Wolcott submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wolcott 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
COMMERCIAL (GENERAL)
$995,000
Current use
RESTAURANT
$1,660,000
Change: +67% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,120,000
Change: +13% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,030,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$925,000
Change: -7% · Conversion: Easy
RETAIL STORES
$920,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±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
$114 / 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
$46,621
Tax year 2023
Assessed value
$1,462,850
Assessed 2023
Previous assessed
$1,462,850
+0.0% YoY
Effective rate
3.19%
On assessed value
Assessed land
$761,550
Assessed improvement
$701,300
Applied tax rate
344.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
9
Total area
11,342 SF
Lot
3.07 ac (133,729 SF)
Zoning code
GC
APN
WOLC M:113 B:8 L:150A
UPID
US15-0304540
Jurisdiction
WOLCOTT
Zoning & alternative use
GC · Wolcott, CT
Zoning GC · permitted uses
GC · Wolcott, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wolcott. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$995,000
RESTAURANT
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
OFFICE BUILDING
Est. value
$925,000
RETAIL STORES
Est. value
$920,000
COMMERCIAL (GENERAL) Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
9
Lot
3.07 ac
Current owner
From public records · entity-resolved
Meadow Wolcott Long
Individual
Mailing address
PO BOX 3165, HARRISBURG, PA 17105-3165
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 1998
—
Longmeadow Wolcott LLC
—
Deed Of Trust
related
$1,484,247 · Holliday Fenoglia Fwl
May 7, 1997
—
Longmeadow Wolcott LLC
—
Deed Of Trust
related
$1,175,000 · New Milford Savings Bank
Jul 31, 1996
—
Longmewdow Wolcott LLC
—
Deed Of Trust
related
$1,150,000 · American Bank Of Conneticut
May 2, 1996
$210,000
Meadow Wolcott Long
Lieber,frances
Warranty Deed
$250,000 · Zwi Kohorn
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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