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Property profile & analytics
OFF-MARKET
Retail space

8 Egypt Rd Somers, CT 06071-2057

4,800 SF 2.6 ac lot Built 1987
Individually Owned 38-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US15-0994914
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,800 SF
Lot 2.6 ac (113,256 SF)
Zoning code I
APN SOME M:02 B:14 L:02
UPID US15-0994914
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
  • Four Town Motors Car Dealership
  • Empire Stone LLC - Somers CT Trucking Company
  • Cooker Construction General Contractor Construction Company
  • Four Town Motors LLC Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Douglas Barnes · 38 yrs held
Douglas Barnes
since 1988
1 recorded transaction
1988
Price N/A
Zoning & alternative use
I · Somers, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Industrial (I) Zone. The Industrial (I) Zoning District is intended to permit a variety of uses of an industrial nature which might not be desirable or compatible in residential or business areas. Somers Somersville § 214-4.2 Village District declared. A. In order to maintain and enhance the historic value, distinctive character and landscape of the village…

Zone name Industrial
General category INDUSTRIAL
Zone area 211.94 ac
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