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Property profile & analytics
FOR LEASE
Office buildings
8 Ella Grasso Tpke, Windsor Locks, CT 06096
Entity Owned
2-yr Hold
Free & Clear
Property ID
US15-0201134
For Lease
1 / 8
$460/Mo
8 Ella Grasso Tpke, Windsor Locks, CT 06096
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
STEEL FRAME
Total area
7,685 SF
Lot
2.49 ac (108,464 SF)
Zoning code
BUS1
APN
WINL M:45 B:1 L:3
UPID
US15-0201134
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
-
Enterprise Holdings Holding Company
-
Car Rental Windsor Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.13M
Owner & transaction history
Sat Group LLC · 2 yrs held
Sat Group LLC
since 2024
7 recorded transactions
Zoning & alternative use
BUS1 · Windsor Locks, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+55.2%
Industrial (general)
$910,000
+7.3%
Retail stores
$885,000
+4.4%
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 Windsor Locks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Windsor Locks 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
$845,000
Current use
RESTAURANT
$1,315,000
Change: +55% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$910,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$885,000
Change: +4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$770,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$725,000
Change: -14% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$705,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±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
$147 / 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
$22,641
Tax year 2023
Assessed value
$859,880
Assessed 2023
Previous assessed
$859,880
+0.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$499,310
Assessed improvement
$360,570
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
For Lease
Year built
1983
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
7,685 SF
Lot
2.49 ac (108,464 SF)
Zoning code
BUS1
APN
WINL M:45 B:1 L:3
UPID
US15-0201134
Jurisdiction
WINDSOR LOCKS
Zoning & alternative use
BUS1 · Windsor Locks, CT
Zoning BUS1 · permitted uses
BUS1 · Windsor Locks, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Windsor Locks. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$845,000
RESTAURANT
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$910,000
RETAIL STORES
Est. value
$885,000
AUTO REPAIR, GARAGE
Est. value
$770,000
COMMERCIAL (GENERAL)
Est. value
$725,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$705,000
OFFICE BUILDING Current
RESTAURANT
INDUSTRIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1983
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
2.49 ac
Current owner
From public records · entity-resolved
Sat Group LLC
Entity
Free & Clear · 2 yrs held
Mailing address
8 ELLA GRASSO TPKE, WINDSOR LOCKS, CT 06096-1015
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2024
—
Sat Group LLC
Camrac LLC
Warranty Deed
—
Mar 17, 2004
$789,000
Camrac INC
8 Ella Grasso Tpke LLC
Warranty Deed
—
Aug 15, 2002
—
8 Ella Grasso Tpke LLC
—
Deed Of Trust
related
$75,000 · First National Bank Suffield
Jun 1, 1999
—
8 Ella Grasso Tpke LLC
—
Deed Of Trust
related
$492,000 · First National Bank Suffield
Sep 29, 1997
$320,000
Timothy Flynn
Sowamco Xix Ltd
Grant Deed
$224,000 · First National Bank Suffield
Nov 13, 1996
—
Sowamco Xix Ctd
—
Deed Of Trust
related
$363,356 · Wamco Xvii Ltd
Jul 28, 1988
—
Interntl Office Pk
—
Deed Of Trust
related
$1,000,000 · Society For Savings
Feb 23, 1988
—
Off Park Assoc Interna
—
Deed Of Trust
related
$115,000 · Us Trust Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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