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Property profile & analytics
OFF-MARKET
Office buildings
1309 Berlin Tpke Berlin, CT 06037-3229
Individually Owned
4-yr Hold
Free & Clear
Property ID
US15-0611100
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
FRAME
Total area
1,932 SF
Lot
0.37 ac (16,117 SF)
Zoning code
R-15
APN
BERL M:16-3 B:142 L:1
UPID
US15-0611100
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
-
Formica & Dobkin PC Tax Preparation
-
Dobkin Cary L CPA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pavan K Alapati · 4 yrs held
Pavan K Alapati
since 2022
Last sale
$225,000
4 recorded transactions
Zoning & alternative use
R-15 · Berlin, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
d setback and a front deck/porch addition to be located within the front yard setback, as shown on submitted plans, where a side yard setback of 10 feet is required and a front yard setback of 35 feet is required in the R-15 zone. Posted with the Berlin Town Clerk: Wednesday June 10, 2026 Published in the New Britain Herald: Friday, June 12, 2026 and Friday,…
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
1,537.27 ac
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,058
Tax year 2023
Assessed value
$171,100
Assessed 2023
Previous assessed
$171,100
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$87,200
Assessed improvement
$83,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
1,932 SF
Lot
0.37 ac (16,117 SF)
Zoning code
R-15
APN
BERL M:16-3 B:142 L:1
UPID
US15-0611100
Jurisdiction
BERLIN
Zoning & alternative use
R-15 · Berlin, CTZoning R-15 · permitted uses
R-15 · Berlin, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
d setback and a front deck/porch addition to be located within the front yard setback, as shown on submitted plans, where a side yard setback of 10 feet is required and a front yard setback of 35 feet is required in the R-15 zone. Posted with the Berlin Town Clerk: Wednesday June 10, 2026 Published in the New Britain Herald: Friday, June 12, 2026 and Friday, June 19, 2026
Zone name
Single Family Residential
General category
RESIDENTIAL
Zone area
1,537.27 ac
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Pavan K Alapati
Individual
Free & Clear · 4 yrs held
Mailing address
1309 BERLIN TPKE, BERLIN, CT 06037-3229
Ownership since
2022
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
May 2, 2022
$225,000
Pavan K Alapati
Formica&dobkin Rlty LLC
Warranty Deed
—
Sep 14, 2012
$1
Formica&dobkin Rlty LLC
Formica,ralph S
Grant Deed
related
—
Dec 8, 1989
—
Ralph Formica
—
Deed Of Trust
related
$60,000 · Zwi Kohorn
Nov 3, 1989
$300,000
Ralph Formica
Dorio,celia
Grant Deed
$225,000 · 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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