New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,360,000
Office buildings
1268 Main St, Newington, CT 06111-3038
Individually Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-0760710
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Construction
FRAME
Total area
11,400 SF
Lot
0.79 ac (34,412 SF)
Zoning code
B-TC
APN
NEWI M:16 B:646 L:0
UPID
US15-0760710
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
-
Rosenberg Judith H PHD Physician Medical Clinic
-
Newington Behavioral Health Crisis Center Medical Clinic
-
Boulder Ridge Detox Medical Clinic
-
Albert DeNuzzio, MD Physician
-
Dmitry Drapach, DO Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.36M
Owner & transaction history
Newi Professional Ctr · 18 yrs held
Newi Professional Ctr
since 2008
4 recorded transactions
Zoning & alternative use
B-TC · Newington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.0M
+127.6%
Retail stores
$1.2M
+34.5%
Auto repair, garage
$1.0M
+19.2%
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 Newington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newington 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
OFFICE BUILDING
$855,000
Current use
RESTAURANT
$1,950,000
Change: +128% · Conversion: Moderate
RETAIL STORES
$1,150,000
Change: +34% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,020,000
Change: +19% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$995,000
Change: +16% · Conversion: Easy
COMMERCIAL (GENERAL)
$995,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$1.36M
Range $1.22M – $1.50M · ±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
$119 / 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
$27,880
Tax year 2023
Assessed value
$726,810
Assessed 2023
Previous assessed
$726,810
+0.0% YoY
Effective rate
3.84%
On assessed value
Assessed land
$105,000
Assessed improvement
$621,810
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1972
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
11,400 SF
Lot
0.79 ac (34,412 SF)
Zoning code
B-TC
APN
NEWI M:16 B:646 L:0
UPID
US15-0760710
Jurisdiction
NEWINGTON
Zoning & alternative use
B-TC · Newington, CT
Zoning B-TC · permitted uses
B-TC · Newington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$855,000
RESTAURANT
Est. value
$2.0M
RETAIL STORES
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$995,000
COMMERCIAL (GENERAL)
Est. value
$995,000
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1972
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Newi Professional Ctr
Individual
Free & Clear · 18 yrs held
Mailing address
170 PANE RD, NEWINGTON, CT 06111-5521
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2008
$1
Newi Professional Ctr
Reno Dg LLC
Grant Deed
related
—
Apr 1, 2004
$825,000
Reha D G LLC
Zeldes,benjamin
Warranty Deed
$625,000 · Zenon Grzybowski
Oct 31, 1996
—
Benjamin Zeldes
—
Deed Of Trust
related
$50,000 · Mid Conn Bank
—
—
Newington Prof
—
Deed Of Trust
related
$1,250,000 · Thomaston Svgs Bk
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?”
You own 1268 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
