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Property profile & analytics
OFF-MARKET
Estimated value
$1,665,000
Manufacturing properties
85 Robert Porter Rd, Southington, CT 06489-1152
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US15-0286319
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1985
Construction
STEEL FRAME
Total area
31,622 SF
Lot
2.54 ac (110,642 SF)
Zoning code
I-1
APN
SOUT M:192 L:002
UPID
US15-0286319
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.01M
Blend (final)
Blend
$1.67M
Owner & transaction history
Connecticut Spr · 5 yrs held
Connecticut Spr
since 2020
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
I-1 · Southington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Southington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southington 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
$1,705,000
ML approach
$1,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,190,000
Current use
WAREHOUSE, STORAGE
$1,765,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$1.67M
Range $1.50M – $1.83M · ±10% · vs last sale $1.65M (Dec 3 2020)
Last sale anchor
$1.65M
Dec 3 2020
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
$53 / 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
$28,589
Tax year 2023
Assessed value
$941,670
Assessed 2023
Previous assessed
$941,670
+0.0% YoY
Effective rate
3.04%
On assessed value
Assessed land
$171,610
Assessed improvement
$770,060
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
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
31,622 SF
Lot
2.54 ac (110,642 SF)
Zoning code
I-1
APN
SOUT M:192 L:002
UPID
US15-0286319
Jurisdiction
SOUTHINGTON
Zoning & alternative use
I-1 · Southington, CT
Zoning I-1 · permitted uses
I-1 · Southington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$1.8M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
2.54 ac
Current owner
From public records · entity-resolved
Connecticut Spr
Individual
Mailing address
48 SPG LN, FARMINGTON, CT 06032-3140
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2020
$1,650,000
Connecticut Spr
Bootstrap Re 1 LLC
Warranty Deed
—
Oct 4, 2017
—
Bootstrap Real Est 1 LLC
—
Deed
related
$769,000 · Bay Colony Dev
Sep 27, 2017
$2,128,000
Bootstrap Real Est 1 L
Mccleary Associates Ll
Warranty Deed
$1,070,250 · Byline Bank
Nov 21, 2011
—
Mccleary Assoc LLC
—
Deed Of Trust
related
$500,000 · Ct Development Auth
Sep 21, 2010
—
Mcleary Assoc LLC
—
Deed Of Trust
related
$300,000 · Ct Development Auth
Apr 26, 2010
—
Mccleary Assoc LLC
—
Deed Of Trust
related
$600,000 · Dhllc LLC
May 14, 2008
—
Mccieary Assoc LLC
—
Deed Of Trust
related
$700,000 · Peoples Bank
Aug 22, 2007
—
Mccleary Associates LLC
—
Deed Of Trust
related
$700,000 · Peoples Bank
Dec 27, 2005
—
Mccleary Assoc LLC
—
Deed Of Trust
related
$250,000 · Naugatuck Savings Bank
Aug 31, 2001
—
Mccleary Assocs LLC
—
Deed Of Trust
related
$600,000 · Naugatuck Savings Bank
Jun 28, 2001
—
Mccleary Assocs LLC
—
Deed Of Trust
related
$200,000 · Naugatuck Savings Bank
Jan 16, 1998
—
Mccleary Assoc LLC
—
Deed Of Trust
related
$125,000 · First Union National Bank
Aug 8, 1996
$550,000
Mccleary Assoc LLC
L&g Rlty
Warranty Deed
$475,000 · Centerbank
Jan 11, 1988
—
L Rlty
—
Deed Of Trust
related
$4,100,000 · Zuckerman Family Nomi
—
—
Bootstrap Real Est 1 LLC
—
Deed Of Trust
related
$769,000 · Bay Colony Dev
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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