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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Showrooms
9 Covey Rd Burlington, CT 06013-1738
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-0594598
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,480 SF
Lot
1.58 ac (68,825 SF)
Zoning code
CB
APN
BURL M:12-04 L:20
UPID
US15-0594598
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
-
Catalyst Counseling of Connecticut Counselor Addiction Treatment Center
-
Ian Zettervall Counselor
-
Kordas Korner Preschool LLC High School Daycare Center
-
Elite Smiles Dental, Invisalign, Implants, Cosmetic Dentistry- Dr. Anatoliy Ravin- Dentist Dental Office
-
Connecticut Sleep Dentistry Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$765k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$483k
Blend (final)
Blend
$770k
Owner & transaction history
Rock Tree 2 LLC · 3 yrs held
Rock Tree 2 LLC
since 2022
Last sale
$799,000
5 recorded transactions
Zoning & alternative use
CB · Burlington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Central Business
General category
COMMERCIAL
Zone area
240.58 ac
Source
Realmo
Top alternative use upside
Retail stores
$975,000
+21.8%
Office building
$935,000
+16.6%
Auto repair, garage
$850,000
+6.1%
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 Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington 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
$720,000
ML approach
$765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$800,000
Current use
RETAIL STORES
$975,000
Change: +22% · Conversion: Easy
OFFICE BUILDING
$935,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$850,000
Change: +6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$780,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$770k
Range $693k – $847k · ±10% · vs last sale $799k (Sep 2 2022)
Last sale anchor
$799k
Sep 2 2022
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
$91 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$14,170
Tax year 2024
Assessed value
$547,120
Assessed 2024
Previous assessed
$547,120
+0.0% YoY
Effective rate
2.59%
On assessed value
Assessed land
$166,110
Assessed improvement
$381,010
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Cooling
YES
Buildings
1
Stories
2
Units
8
Total area
8,480 SF
Lot
1.58 ac (68,825 SF)
Zoning code
CB
APN
BURL M:12-04 L:20
UPID
US15-0594598
Jurisdiction
BURLINGTON
Zoning & alternative use
CB · Burlington, CTZoning CB · permitted uses
CB · Burlington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Central Business
General category
COMMERCIAL
Zone area
240.58 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$800,000
RETAIL STORES
Est. value
$975,000
OFFICE BUILDING
Est. value
$935,000
AUTO REPAIR, GARAGE
Est. value
$850,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$780,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Cooling
Yes
Stories
2
Buildings
1
Units
8
Lot
1.58 ac
Current owner
From public records · entity-resolved
Rock Tree 2 LLC
Entity
Mailing address
701 PIGEON HL RD, WINDSOR, CT 06095-2117
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2022
—
Rock Tree II LLC
—
Deed
related
$130,000 · Northwest Community Bank
Sep 2, 2022
$799,000
Rock Tree 2 LLC
Apogee Properties 2 LLC
Warranty Deed
$1,199,987 · Northwest Community Bank
Dec 11, 2013
—
Icarus Real Estate Mgmt
—
Deed Of Trust
related
$495,000 · Litchfield Bancorp
Apr 30, 2013
$570,000
Icarus Re Mgmt LLC
9-11 Covey Rd LLC
Warranty Deed
—
Mar 1, 2000
$325,000
9-11 Covey Rd LLC
Apple Hill LP
Warranty Deed
$200,000 · Zenon Grzybowski
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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