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Property profile & analytics
OFF-MARKET
Estimated value
$2,925,000
Industrial properties
1 Celebration Way New Britain, CT 06053-1480
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-0935053
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2007
Construction
STEEL FRAME
Total area
138,097 SF
Lot
12.72 ac (554,083 SF)
Zoning code
UI
APN
NBRI M:D6A B:500
UPID
US15-0935053
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
-
Celebration Foods Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.93M
Owner & transaction history
Mtp 1 Celebration Foods · 4 yrs held
Mtp 1 Celebration Foods
since 2021
7 recorded transactions
Zoning & alternative use
UI · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$21 / 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
$478,979
Tax year 2023
Assessed value
$12,512,500
Assessed 2023
Previous assessed
$12,512,500
+0.0% YoY
Effective rate
3.83%
On assessed value
Assessed land
$767,410
Assessed improvement
$11,745,090
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
2
Total area
138,097 SF
Lot
12.72 ac (554,083 SF)
Zoning code
UI
APN
NBRI M:D6A B:500
UPID
US15-0935053
Jurisdiction
NEW BRITAIN
Zoning & alternative use
UI · New Britain, CT
Zoning UI · permitted uses
UI · 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
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
2
Lot
12.72 ac
Current owner
From public records · entity-resolved
Mtp 1 Celebration Foods
Individual
Mailing address
130 W 42ND ST FL, NEW YORK, NY 10036-7804
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2022
—
Mtp 1 Celebration Foods
—
Deed
related
$525,000,000 · Bank Of Montreal
Nov 16, 2021
—
Mtp 1 Celebration Foods
Industrial Lease Third
Warranty Deed
$200,000,000 · Capital One Bank NA
Jan 11, 2018
—
Industrial Lease 3rd Prop
Nl Ventures 4 Celebration
Warranty Deed
$101,530,000 · Natixis R/e Cap
May 13, 2016
—
Ni Ventures 9 Celebrat
—
Deed
related
$29,750,000 · Private B&t Co
Aug 9, 2012
—
Nl Ventures 9 Celebration
—
Deed Of Trust
related
$12,837,500 · Wells Fargo Mortgage
Apr 23, 2012
$1
Nl Ventures 9 Celebratin
Cakemaker LLC
Warranty Deed
related
—
Dec 30, 2011
—
Cakemaker LLC
—
Deed Of Trust
related
$13,115,446 · Bank Of America
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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