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Property profile & analytics
OFF-MARKET
Commercial real estate
90 Main St 106 Essex, CT 06426
Entity Owned
25-yr Hold
Free & Clear
Property ID
US15-0832569
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1988
Total area
1,209 SF
APN
ESSE M:43 B:039 U:C-106
UPID
US15-0832569
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
-
Creative Marketing Services Inc Advertising Agency Marketing & Advertising
-
Spencer's Corner Owner's Association Association Or Organization
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
Pi Brothers LLC · 25 yrs held
Pi Brothers LLC
since 2001
6 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 Essex submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Essex 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
$1,134
Tax year 2023
Assessed value
$50,200
Assessed 2023
Previous assessed
$50,200
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed improvement
$50,200
Applied tax rate
266.0000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
1,209 SF
APN
ESSE M:43 B:039 U:C-106
UPID
US15-0832569
Jurisdiction
ESSEX
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
1988
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Current owner
From public records · entity-resolved
Pi Brothers LLC
Entity
Free & Clear · 25 yrs held
Mailing address
PO BOX 820, ESSEX, CT 06426-0820
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2008
—
Pi Brothers LLC
—
Deed Of Trust
related
$200,000 · Stuart Kleiman
Jun 19, 2001
$105,000
Pi Brothers LLC
Coolssley,david J
Warranty Deed
—
May 2, 2001
$20,000
Pi Bros LLC
Peoples Bk
Grant Deed
$22,000 · Citizens Bank Of Ct
Feb 25, 2000
$105,000
Pi Brothers LLC
Cooksley,david J
Warranty Deed
$72,000 · Citizens Bank Of Ct
Sep 7, 1988
—
David J Cooksley
—
Deed Of Trust
related
$130,000 · Farm & Merchant Savings Bank
May 9, 1988
$140,945
David J Cooksley
Spencers Corner INC
Grant Deed
—
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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