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Property profile & analytics
OFF-MARKET
Showrooms
88 Main St Putnam, CT 06260-1918
Entity Owned
5-yr Hold
Free & Clear
Property ID
US15-0088471
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1850
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,472 SF
Lot
0.08 ac (3,485 SF)
APN
PUTN M:015 L:070 U:000
UPID
US15-0088471
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Icb Enterprise Initiantiv · 5 yrs held
Icb Enterprise Initiantiv
since 2021
7 recorded transactions
Zoning & alternative use
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 Putnam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Putnam 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,577
Tax year 2023
Assessed value
$269,800
Assessed 2023
Previous assessed
$269,800
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$32,700
Assessed improvement
$237,100
Applied tax rate
506.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1850
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
1
Stories
3
Units
1
Bathrooms
2
Total area
10,472 SF
Lot
0.08 ac (3,485 SF)
APN
PUTN M:015 L:070 U:000
UPID
US15-0088471
Jurisdiction
PUTNAM
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1850
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
3
Buildings
1
Units
1
Bathrooms
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Icb Enterprise Initiantiv
Entity
Free & Clear · 5 yrs held
Mailing address
1429 RTE 169, WOODSTOCK, CT 06281-1423
Ownership since
2021
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
May 7, 2021
—
Icb Enterprise Initiantiv
Connecticut State Of
Quit Claim Deed
related
—
Jun 10, 2015
—
Quiet Corner Property Acq
Dexter Properties LLC
Warranty Deed
—
Jul 5, 2012
—
Dexter Properties LLC
—
Deed Of Trust
related
$400,000 · Putnam Town
Oct 20, 2009
$525,000
Dexter Properties LLC
Global Properties LLC
Warranty Deed
$450,000 · Zwi Kohorn
Aug 6, 2003
$170,000
Global Manufacturing LLC
Arcuri,santo
Warranty Deed
—
Jul 2, 2002
—
Santo Arcuri
—
Deed Of Trust
related
$100,000 · Citizens National Bank
Apr 17, 2001
$170,000
Santo Arcuri
Lussier,barbara A
Warranty Deed
$145,000 · Zenon Grzybowski
Aug 10, 1994
—
Greg Renshaw
—
Deed Of Trust
related
$75,000 · Citizens National Bank
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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