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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Commercial land
1 Bosco Dr New Britain, CT 06051-2626
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US15-0754063
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
24,000 SF
Lot
1.98 ac (86,249 SF)
Zoning code
CBD
APN
NBRI M:C8D B:6
UPID
US15-0754063
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$868k
Blend (final)
Blend
$695k
Owner & transaction history
Grace Community & Economic · 11 yrs held
Grace Community & Economic
since 2015
7 recorded transactions
Zoning & alternative use
CBD · New Britain, 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 New Britain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Britain 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
Method
Estimation
Statistic approach
by Request
ML approach
$475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$695k
Range $626k – $765k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$29 / SF
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
$8,001
Tax year 2023
Assessed value
$209,020
Assessed 2023
Previous assessed
$209,020
+0.0% YoY
Effective rate
3.83%
On assessed value
Assessed land
$149,310
Assessed improvement
$59,710
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
1
Stories
1
Rooms
2
Total area
24,000 SF
Lot
1.98 ac (86,249 SF)
Zoning code
CBD
APN
NBRI M:C8D B:6
UPID
US15-0754063
Jurisdiction
NEW BRITAIN
Zoning & alternative use
CBD · New Britain, CT
Zoning CBD · permitted uses
CBD · New Britain, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Britain. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
1
Rooms
2
Lot
1.98 ac
Current owner
From public records · entity-resolved
Grace Community & Economic
Individual
Mailing address
PO BOX 757, NEW BRITAIN, CT 06050-0757
Ownership since
2015
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
Jan 5, 2017
—
Grace Comnty & Economic
—
Deed
related
$225,000 · Dwp Ents LLC
Feb 26, 2015
—
Grace Community & Economic
Grace Christian Methodist
Warranty Deed
—
Jun 28, 2013
$350,000
Temple Christ Mcmulloughs
Dkd Realty LLC
Warranty Deed
$300,000 · Dkd Realty LLC
Jul 25, 2003
—
Dkd Realty LLC
—
Deed Of Trust
related
$916,193 · Webster Bank
Sep 30, 1998
—
Dkd Rlty LLC
—
Deed Of Trust
related
$1,500,000 · Mechanics Savings Bank
Aug 3, 1988
$1,225,000
D K D Realty
Tyke & Turk Rlty
Grant Deed
$990,000 · United Bank & Trust Co
Mar 16, 1988
$1,400,800
Dkd Rlty
Commercial Tire Of
Grant Deed
$1,530,000 · United Bank & Trust Co
—
—
Grace Community & Economic
—
Deed Of Trust
related
$350,000 · Miscellaneous Govt Agcy
—
—
Grace Comnty & Economic
—
Deed Of Trust
related
$225,000 · Dwp Ents LLC
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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