Financial
Distress signals
Property profile

279 New Britain Rd Berlin, CT 06037

OFF-MARKET
Office buildings
Property ID
US15-1047442
33,296 SF 1.02 ac lot Built 1954
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of two buildings totaling approximately 30,120 square feet on a 1.87-acre lot in Berlin, Connecticut. One building is a 2,120-square-foot retail structure that has historically been used by multiple retail tenants, including a barber shop and a bakery, and the site presents the possibility of adding a drive-through configuration. The second building is an office property of just under 28,000 square feet, arranged for multiple tenants and supported by a mixed-tenant

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$45k
Tax billed · 2023
Assessed value$1.51M
Assessed land$109k
Assessed improvement$1.40M
Effective rate2.96%

Value estimate

· Sep 2026
$2.54M
$2.29M – $2.79M
Submarket $/SF estimate$2.35M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$110/SF
County average, outlier-cleaned · 264 recorded sales of this use type
Observed band · Q1–Q3$71 – $155

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CCD-1
General categoryCOMMERCIAL
JurisdictionBERLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.1
Furniture Store8.9
Carpet & Flooring Store8.7

Location

279 New Britain Rd Berlin, CT 06037-1395
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
830 Berlin, Berlin, CT 06037-2442 $175,000 Nov 2024 2,346 SF
855 Berlin, Berlin, CT 06037-2444 $405,000 Jan 2023 3,407 SF
15 Massirio, Berlin, CT 06037-2300 $2,350,000 Dec 2022 20,200 SF
365 Main, Berlin, CT 06037-2665 $215,000 Jan 2021 2,912 SF
742 Worthington, Berlin, CT 06037-3233 $225,000 Jan 2019 4,800 SF
1156 Farmington, Berlin, CT 06037-2356 $95,000 Oct 2018 6,715 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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