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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Showrooms
1176 Farmington Ave Berlin, CT 06037-2302
Entity Owned
15-yr Hold
Free & Clear
Property ID
US15-0090973
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2012
Construction
FRAME
Total area
4,050 SF
Lot
0.6 ac (26,136 SF)
Zoning code
CCD-2
APN
BERL M:9-4 B:94 L:3
UPID
US15-0090973
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
-
Mindful Growth Unlimited, LLC Crisis Center Medical Clinic
-
Branches To Wellness LLC Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$569k
Blend (final)
Blend
$590k
Owner & transaction history
Kids LLC · 15 yrs held
Kids LLC
since 2010
6 recorded transactions
Zoning & alternative use
CCD-2 · Berlin, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$465,000
+21.8%
Office building
$445,000
+16.6%
Auto repair, garage
$405,000
+6.1%
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 Berlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berlin 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$385,000
Current use
RETAIL STORES
$465,000
Change: +22% · Conversion: Easy
OFFICE BUILDING
$445,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$405,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$146 / 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
$14,644
Tax year 2023
Assessed value
$495,400
Assessed 2023
Previous assessed
$495,400
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$85,400
Assessed improvement
$410,000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2012
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
3
Total area
4,050 SF
Lot
0.6 ac (26,136 SF)
Zoning code
CCD-2
APN
BERL M:9-4 B:94 L:3
UPID
US15-0090973
Jurisdiction
BERLIN
Zoning & alternative use
CCD-2 · Berlin, CT
Zoning CCD-2 · permitted uses
CCD-2 · Berlin, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Berlin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$385,000
RETAIL STORES
Est. value
$465,000
OFFICE BUILDING
Est. value
$445,000
AUTO REPAIR, GARAGE
Est. value
$405,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2012
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
3
Lot
0.6 ac
Current owner
From public records · entity-resolved
Kids LLC
Entity
Free & Clear · 15 yrs held
Mailing address
PO BOX 417, BERLIN, CT 06037-0417
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2010
$179,000
Kids LLC
Csbdmd LLC
Warranty Deed
—
Dec 11, 2006
$250,000
Csbdmd LLC
Sharon A Pascale
Warranty Deed
$476,250 · Wachovia Bank NA
Apr 14, 1997
—
Sharon A Pascale
—
Deed Of Trust
related
$59,575 · Peoples Bank New Britan
Mar 27, 1997
$38,500
Sharon Pascale
Mcmurray,kris E
Grant Deed
—
Aug 15, 1996
$37,500
Kris Mcmurray
Palmer,mylene
Warranty Deed
—
Aug 15, 1996
$40,000
Kris E Mcmurray
Mcmurray,edward G
Grant Deed
related
$40,000 · Peoples Bk New Britan
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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