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Property profile & analytics
FOR LEASE
Turn key restaurants
980 S Main St Cheshire, CT 06410
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-0954287
For Lease
1 / 2
Contact for pricing
980 S Main St, Cheshire, CT 06410
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,366 SF
Lot
1.06 ac (46,174 SF)
Zoning code
C-3
APN
CHES M:78 B:162 L:
UPID
US15-0954287
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
-
Hen House BBQ Restaurant
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
Wtb Realty · 17 yrs held
Wtb Realty
since 2008
7 recorded transactions
Zoning & alternative use
C-3 · Cheshire, 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 Cheshire submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cheshire 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
$22,721
Tax year 2023
Assessed value
$647,500
Assessed 2023
Previous assessed
$647,500
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$282,100
Assessed improvement
$365,400
Applied tax rate
322.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
3,366 SF
Lot
1.06 ac (46,174 SF)
Zoning code
C-3
APN
CHES M:78 B:162 L:
UPID
US15-0954287
Jurisdiction
CHESHIRE
Zoning & alternative use
C-3 · Cheshire, CT
Zoning C-3 · permitted uses
C-3 · Cheshire, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cheshire. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
4
Lot
1.06 ac
Current owner
From public records · entity-resolved
Wtb Realty
Entity
Mailing address
1768 LITCHFIELD TPKE, WOODBRIDGE, CT 06525-2368
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2012
—
Wtb Realty LLC
—
Deed Of Trust
related
$760,000 · Rockville Bank
Mar 23, 2012
—
Wtb Realty LLC
—
Deed Of Trust
related
$750,000 · Gary R Ginsberg T
Dec 17, 2008
—
Wtb Rlty
—
Deed Of Trust
related
$215,000 · Pgkl Assoc
Nov 20, 2008
$1
Wtb Realty
L&m Realty
Grant Deed
related
—
Nov 13, 2007
—
L Realty
—
Deed Of Trust
related
$800,000 · Newalliance Bank
Jun 19, 2007
$1,075,000
L Realty
Everett Cshr Properties
Warranty Deed
—
Dec 11, 2006
—
Everett Cheshi Properties
—
Deed Of Trust
related
$500,000 · Newalliance Bank
Nov 11, 2005
$680,000
Everett Cshr Properties
Taco Bell Of America
Warranty Deed
—
May 8, 2001
$539,459
Taco Bell Of America
Tacala North INC
Warranty 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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