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Property profile & analytics
OFF-MARKET
Office buildings
96 Main St Falls Village, CT 06031-1309
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-0700647
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1933
Construction
FRAME
Total area
5,698 SF
Lot
0.3 ac (13,068 SF)
Zoning code
3
APN
NRCA M:22 L:199-0
UPID
US15-0700647
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
-
Housatonic Railroad Co Freight Service Logistics Company
-
Adams Richard J Land Surveyor
-
Synergetic Office Systems Electronics & Wireless 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
Cg 96 Main LLC · 4 yrs held
Cg 96 Main LLC
since 2021
Last sale
$275,000
5 recorded transactions
Zoning & alternative use
3 · Falls Village, 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 Falls Village submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falls Village 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
$8,197
Tax year 2023
Assessed value
$321,440
Assessed 2023
Previous assessed
$321,440
+0.0% YoY
Effective rate
2.55%
On assessed value
Assessed land
$77,000
Assessed improvement
$244,440
Applied tax rate
226.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1933
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Rooms
3
Bathrooms
3
Total area
5,698 SF
Lot
0.3 ac (13,068 SF)
Zoning code
3
APN
NRCA M:22 L:199-0
UPID
US15-0700647
Jurisdiction
NORTH CANAAN
Zoning & alternative use
3 · Falls Village, CT
Zoning 3 · permitted uses
3 · Falls Village, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falls Village. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1933
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Rooms
3
Bathrooms
3
Lot
0.3 ac
Current owner
From public records · entity-resolved
Cg 96 Main LLC
Entity
Mailing address
96 MAIN ST, FALLS VILLAGE, CT 06031-1309
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2026
—
Lemon Properties LLC
—
Deed
related
$2,000,000
May 10, 2022
—
Cg 96 Main LLC
—
Deed
related
$395,000 · Salisbury Bank & Trust Co
Nov 24, 2021
$275,000
Cg 96 Main LLC
Nicholas A Fanelli
Warranty Deed
—
Oct 14, 2005
—
Nicholas A Fanelli
—
Deed Of Trust
related
$186,000 · Salisbury Bank & Trust Co
May 15, 1992
—
Nicholas A Fanelli
—
Deed Of Trust
related
$226,200 · New Milford Savings 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.
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