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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Commercial real estate
120 Webster Sq Rd Berlin, CT 06037-2329
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US15-0120253
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
4,092 SF
Lot
3.23 ac (140,699 SF)
Zoning code
PS-A
APN
BERL M:10-3 B:83CC L:22C
UPID
US15-0120253
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
-
AERICKA ROBYN KHONGDY Physician
-
Optimal Nutrition LLC at Pronatural Physicians Group Physician
-
Somewhere Over the Spectrum Medical Clinic
-
Martin Opoku Gyamfi Alternative Medicine Practice
-
A.R.K Wellness Medicine Physician Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$603k
Blend (final)
Blend
$610k
Owner & transaction history
Kids LLC · 9 yrs held
Kids LLC
since 2017
5 recorded transactions
Zoning & alternative use
PS-A · Berlin, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$470,000
+21.8%
Office building
$450,000
+16.6%
Auto repair, garage
$410,000
+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
$530,000
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
$470,000
Change: +22% · Conversion: Easy
OFFICE BUILDING
$450,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$410,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±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
$149 / 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
$89,256
Tax year 2023
Assessed value
$3,019,500
Assessed 2023
Previous assessed
$3,019,500
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$435,500
Assessed improvement
$2,584,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
FORCED AIR
Cooling
YES
Buildings
5
Stories
1
Units
1
Total area
4,092 SF
Lot
3.23 ac (140,699 SF)
Zoning code
PS-A
APN
BERL M:10-3 B:83CC L:22C
UPID
US15-0120253
Jurisdiction
BERLIN
Zoning & alternative use
PS-A · Berlin, CT
Zoning PS-A · permitted uses
PS-A · 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
$470,000
OFFICE BUILDING
Est. value
$450,000
AUTO REPAIR, GARAGE
Est. value
$410,000
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
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Units
1
Lot
3.23 ac
Current owner
From public records · entity-resolved
Kids LLC
Entity
Mailing address
PO BOX 417, KENSINGTON, CT 06037-0417
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2020
—
Kids LLC
—
Deed
related
$150,000 · Webster Bank
Feb 23, 2017
—
Kids LLC
Earl H Wicklund INC
Quit Claim Deed
related
$1,075,000 · Webster Bank
Jan 21, 2015
$520,000
Earl H Wicklund INC
Coccomo Brothers Assn
Warranty Deed
—
Apr 18, 2008
$373,500
Coccomo Bros Assoc LLC
Argonaut Holdings INC
Warranty Deed
—
Jul 18, 1988
—
Mvp Assoc
—
Deed Of Trust
related
$1,700,000 · Connecticut National Bank
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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