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Property profile & analytics
FOR LEASE
Warehouses
13 Francis J Clarke Cir Bethel, CT 06801
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-0649609
For Lease
1 / 19
$12 SF/Yr
13 Francis J Clarke Cir, Bethel, CT 06801
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
STEEL FRAME
Total area
94,900 SF
Lot
9.42 ac (410,335 SF)
Zoning code
IP
APN
BETH M:9 B:23 L:150 X:6
UPID
US15-0649609
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
-
Kratos Gymnastics Gym & Fitness Center
-
Real Moving & Storage Moving Company Storage Facility
-
Blingle Premier Lighting Electrical Service General Contractor
-
Sky Zone Trampoline Park Gym & Fitness Center Sports Field & Court
-
Certified Van Service of Connecticut, Inc. Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.74M
Owner & transaction history
Pickett District LLC · 4 yrs held
Pickett District LLC
since 2021
Last sale
$6.4M
5 recorded transactions
Zoning & alternative use
IP · Bethel, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$9.6M
+168.9%
Auto repair, garage
$9.6M
+167.6%
Apartment house (5+ units)
$8.5M
+137.3%
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 Bethel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethel 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
$7,230,000
ML approach
$7,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,625,000
Change: +169% · Conversion: Easy
AUTO REPAIR, GARAGE
$9,575,000
Change: +168% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$8,495,000
Change: +137% · Conversion: Difficult
MEDICAL BUILDING
$7,340,000
Change: +105% · Conversion: Difficult
RETAIL STORES
$7,005,000
Change: +96% · Conversion: Moderate
Blend value · Realmo final
$6.74M
Range $6.07M – $7.41M · ±10% · vs last sale $6.35M (Nov 24 2021)
Last sale anchor
$6.35M
Nov 24 2021
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
$71 / 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
$120,819
Tax year 2023
Assessed value
$4,249,700
Assessed 2023
Previous assessed
$4,249,700
+0.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$834,050
Assessed improvement
$3,415,650
Applied tax rate
116.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
4
Total area
94,900 SF
Lot
9.42 ac (410,335 SF)
Zoning code
IP
APN
BETH M:9 B:23 L:150 X:6
UPID
US15-0649609
Jurisdiction
BETHEL
Zoning & alternative use
IP · Bethel, CT
Zoning IP · permitted uses
IP · Bethel, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bethel. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$9.6M
AUTO REPAIR, GARAGE
Est. value
$9.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.5M
MEDICAL BUILDING
Est. value
$7.3M
RETAIL STORES
Est. value
$7.0M
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
RETAIL STORES
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
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
4
Lot
9.42 ac
Current owner
From public records · entity-resolved
Pickett District LLC
Entity
Mailing address
13 FRANCIS J CLARKE CIR, BETHEL, CT 06801-2892
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2021
$6,350,000
Pickett District LLC
95000 Francis Clarke LLC
Warranty Deed
$4,445,000 · Mahopac National Bank
Nov 7, 2011
—
95000 Francis Clarke LLC
—
Deed Of Trust
related
$300,000 · C&p Real Estate
Jan 7, 2011
$1,200,000
95000 Francis Clarke LLC
C&p Real Est
Warranty Deed
$2,015,000 · Ffld County Bank Corp
Dec 18, 1990
—
C Estate
—
Deed Of Trust
related
$1,520,000 · Union Savings Bank Danbury
Dec 15, 1989
—
C Estate
—
Deed Of Trust
related
$400,000 · Union Savings Bank Danbury
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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