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    Property profile & analytics

    753 Hartford Pike Killingly, CT 06241-1715

    • Retail space
    • 7,225 SF
    • 1.70 lot acres
    OFF-MARKET
    Value Estimation
    $415,000
    Location Intelligence
    Property ID
    US15-0051381
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • O'Reilly Auto Parts / Car Stereo Store / Motorcycle Parts Store

    Property Details for 753 Hartford Pike

    Year built
    2017
    Construction
    STEEL FRAME
    Lot size
    1.70 lot acres
    Property size
    7,225 SF
    Zone code
    GC
    Property type
    Retail space
    APN
    KILL M:130 B:49
    APU
    KILLM130B49

    Description

    This exceptional investment opportunity presents a 7,225 square foot O'Reilly Auto Parts retail building located at 753 Hartford Pike, Killingly, CT 06241. Built in 2017, this single-tenant property boasts a strong 13-year remaining lease term (expiring 10/31/2037) with a corporate guarantee. The property enjoys excellent visibility and access on a major thoroughfare, less than a mile from other major retailers including Target, Lowe's, and more. The building benefits from a Net Net lease structure, providing a stable income stream with a current NOI of $125,665 and a 5.84% cap rate. The asking price is $2,150,000 ($297.58/sq ft). Situated in a strong demographic area with over 23,000 people within a 5-mile radius and average household incomes exceeding $80,000, this property offers a compelling combination of stability, location, and growth potential. The lease includes rent increases every five years, starting in four years. This is a turnkey investment with minimal deferred maintenance, providing a secure and profitable addition to any portfolio. The property is 100% occupied.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $385,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $525,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $465,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $435,000
      Retail
      $425,000
      Mixed-Use
      $465,000
      Hospitality
      $405,000
      Educational
      $490,000
      Residential Income
      $455,000
      Energy
      $450,000
      Income-Based Land
      $410,000
      Food Service
      $455,000

    Location Insight

    • Map
    • Local Demand
    City
    Killingly
    County
    Windham
    State
    Connecticut
    Longitude
    -71.8734
    Latitude
    41.839
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,173
    $287,370
    $416,760
    $704,130
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $570,000
      4,480 SF

      165 Hartford Pike

      RETAIL STORES (PERSONAL SERVICES) • 4,480 SF
      165 Hartford Pike, Killingly, CT 06241-1556
      View Details
    • Value Estimation
      $470,000
      2,224 SF

      470 Hartford Pike

      RETAIL STORES (PERSONAL SERVICES) • 2,224 SF
      470 Hartford Pike, Killingly, CT 06241
      View Details
    • Value Estimation
      $210,000
      3,036 SF

      56 Hartford Pike

      RETAIL STORES (PERSONAL SERVICES) • 3,036 SF
      56 Hartford Pike, Killingly, CT 06241-1503
      View Details
    • Value Estimation
      $460,000
      6,144 SF

      925 Uppr Maple St

      RETAIL STORES (PERSONAL SERVICES) • 6,144 SF
      925 Uppr Maple St, Killingly, CT 06241-2014
      View Details
    • Value Estimation
      $360,000
      6,144 SF

      925 Uppr Maple St

      RETAIL STORES (PERSONAL SERVICES) • 6,144 SF
      925 Uppr Maple St, Killingly, CT 06241-2014
      View Details
    • Value Estimation
      $385,000
      1,822 SF

      231 Hartford Pike

      RETAIL STORES (PERSONAL SERVICES) • 1,822 SF
      231 Hartford Pike, Killingly, CT 06241
      View Details

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    753 Hartford Pike
    Killingly, CT 06241-1715
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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