Technical
Financial
Distress signals
Property profile

1350 Stanley St New Britain, CT 06053

FOR LEASE
Showrooms
Property ID
US15-1276848
9,600 SF 1.22 ac lot Built 1999
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1999
Total area 9,600 SF
Lot 1.22 ac (53,143 SF)
Zoning code B1
APN NBRI M:B5D B:39
UPID US15-1276848

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Postal Service Courier Service
  • Atm
  • Pharmacy
  • Pharmacy

Location

1350 Stanley St New Britain, CT 06053
New Britain metro Census 416800 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$955k
Blend (final) Blend
$1.03M

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2010
$2.0M
2008
$2.0M

Zoning & alternative use

B1 · New Britain, CT
Zoning description

SRD District (Special Residential District). [Approved 2-22-85, Item #16617-1] RO District (Residence & Office). [Approved 2-21-86, Item #17164-1] 50-10-20 Business Districts. OP District (office and public buildings). B…

General category COMMERCIAL
Top alternative use upside
Restaurant $1.6M +128.2%
Retail stores $1.1M +53.6%
Office building $1.1M +47.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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