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Property profile & analytics
FOR SALE
Turn key restaurants
93 E Main St Plainville, CT 06062
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-0146226
For Sale
1 / 32
$799,000
93 E Main St, Plainville, CT 06062
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1920
Construction
FRAME
Total area
5,888 SF
Lot
0.24 ac (10,454 SF)
Zoning code
GI
APN
PLAI M:24 B:O L:11
UPID
US15-0146226
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
-
Eastern Plastics Inc. Factory Production Facility
-
Ace Distributing LLC Brewery & Distillery Big Box & Wholesale Store
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
Michael Kaleodis Rlty LLC · 19 yrs held
Michael Kaleodis Rlty LLC
since 2007
5 recorded transactions
Zoning & alternative use
GI · Plainville, 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 Plainville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainville 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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,778
Tax year 2024
Assessed value
$208,810
Assessed 2024
Previous assessed
$208,810
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$64,610
Assessed improvement
$144,200
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1920
Construction
FRAME
Heating
NONE
Cooling
YES
Buildings
1
Total area
5,888 SF
Lot
0.24 ac (10,454 SF)
Zoning code
GI
APN
PLAI M:24 B:O L:11
UPID
US15-0146226
Jurisdiction
PLAINVILLE
Zoning & alternative use
GI · Plainville, CT
Zoning GI · permitted uses
GI · Plainville, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plainville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
FRAME
Heating
NONE
Cooling
Yes
Buildings
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Michael Kaleodis Rlty LLC
Entity
Free & Clear · 19 yrs held
Mailing address
134 HOLLYBERRY LN, PLAINVILLE, CT 06062-2643
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Aug 27, 2024
—
Michael Kaleodis Rlty LLC
—
Deed
related
$358,951 · Skyline Financial FCU
Jun 25, 2007
$1
Michael Kaleodis Rlty LLC
Kaleodis,agnes
Grant Deed
related
—
Aug 1, 2000
$225,000
W Main Realty INC
Lavoie,norman E
Warranty Deed
$200,000 · Business Lenders INC
Mar 16, 1993
$142,607
Norman Lavoie
Shawmut Bk
Grant Deed
—
Nov 4, 1987
$157,000
Gary Monde
Fernandez,edward
Grant Deed
$225,000 · Shawmut Home 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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