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Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Manufacturing properties
8 Inspiration Ln Chester, CT 06412-1366
Entity Owned
Free & Clear
Property ID
US15-1189674
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1983
Construction
STEEL FRAME
Total area
40,600 SF
Lot
6.6 ac (287,496 SF)
Zoning code
CDD
APN
CHES M:13 B:1
UPID
US15-1189674
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
-
TrueForm Training Center Gym & Fitness Center
-
TrueForm Runner Gym & Fitness Center
-
FastCorp Vending 3, LLC Big Box & Wholesale Store
-
Esico Triton International Industrial Manufacturer Production Facility
-
Insula-Dome Skylights Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$1.52M
Owner & transaction history
OHAUS MANAGEMENT GROUP
OHAUS MANAGEMENT GROUP
Zoning & alternative use
CDD · Chester, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
natory matter thereon, shall be considered a part hereof: Residential District R-2 Residential District R-1 Residential District R-1/2 Planned Residential District PRD Commercial District Controlled Development District CDD Waterfront Design District Research and Light Manufacturing District RLM Tidal Wetlands District 30A.1 GATEWAY CONSERVATION DISTRICT. In…
Zone name
Controlled Development District
General category
UNKNOWN
Zone area
56.19 ac
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 Chester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chester 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
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±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
$37 / 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
$35,109
Tax year 2023
Assessed value
$1,182,120
Assessed 2023
Previous assessed
$1,182,120
+0.0% YoY
Effective rate
2.97%
On assessed value
Assessed land
$186,280
Assessed improvement
$995,840
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
40,600 SF
Lot
6.6 ac (287,496 SF)
Zoning code
CDD
APN
CHES M:13 B:1
UPID
US15-1189674
Jurisdiction
CHESTER
Zoning & alternative use
CDD · Chester, CTZoning CDD · permitted uses
CDD · Chester, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
natory matter thereon, shall be considered a part hereof: Residential District R-2 Residential District R-1 Residential District R-1/2 Planned Residential District PRD Commercial District Controlled Development District CDD Waterfront Design District Research and Light Manufacturing District RLM Tidal Wetlands District 30A.1 GATEWAY CONSERVATION DISTRICT. In addition to the districts into which the Town is divided under Section 30A, there
Zone name
Controlled Development District
General category
UNKNOWN
Zone area
56.19 ac
Building & site characteristics
From public records
Year built
1983
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
6.6 ac
Current owner
From public records · entity-resolved
OHAUS MANAGEMENT GROUP
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 666, CHESTER, CT 06412-0666
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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