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Property profile & analytics
FOR LEASE
Showrooms
1350 Stanley St, New Britain, CT 06053
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-1276848
For Lease
1 / 3
$1,030,000
1350 Stanley St, New Britain, CT 06053
View Listing →
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Walgreens Photo (Bike/Boat/Book/etc) Store
-
FedEx OnSite Postal Service Courier Service
-
LibertyX Bitcoin ATM Atm
-
Walgreens Pharmacy
-
Analix Colon Pharmacy
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
1350 Stanley St Jl LLC · 2 yrs held
1350 Stanley St Jl LLC
since 2023
3 recorded transactions
Zoning & alternative use
B1 · New Britain, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+128.2%
Retail stores
$1.1M
+53.6%
Office building
$1.1M
+47.1%
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 New Britain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Britain 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
COMMERCIAL (GENERAL)
$720,000
Current use
RESTAURANT
$1,640,000
Change: +128% · Conversion: Difficult
RETAIL STORES
$1,105,000
Change: +54% · Conversion: Easy
OFFICE BUILDING
$1,060,000
Change: +47% · Conversion: Easy
AUTO REPAIR, GARAGE
$965,000
Change: +34% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$895,000
Change: +24% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$665,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±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
$107 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$66,952
Tax year 2024
Assessed value
$1,691,130
Assessed 2024
Previous assessed
$1,691,130
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$421,670
Assessed improvement
$1,269,460
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1999
Heating
NONE
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
2
Total area
9,600 SF
Lot
1.22 ac (53,143 SF)
Zoning code
B1
APN
NBRI M:B5D B:39
UPID
US15-1276848
Jurisdiction
NEW BRITAIN
Zoning & alternative use
B1 · New Britain, CT
Zoning B1 · permitted uses
B1 · New Britain, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Britain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$720,000
RESTAURANT
Est. value
$1.6M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$965,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$895,000
INDUSTRIAL (GENERAL)
Est. value
$665,000
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (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
1999
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
2
Lot
1.22 ac
Current owner
From public records · entity-resolved
1350 Stanley St Jl LLC
Entity
Free & Clear · 2 yrs held
Mailing address
5 ROSCOE ST, NEEDHAM, MA 02494-1724
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2023
—
1350 Stanley St Jl LLC
Meislin 1999 Ft
Deed
—
May 24, 2010
$2,014,000
Meislin Ft
Acv Skyline Rado 08 LLC
Warranty Deed
$1,200,000 · Zuckerman Family Nomi
Aug 11, 2008
$1,960,000
Acv Skyline Road LLC
Pjc Realty Co INC
Warranty Deed
$72,887 · Zuckerman Family Nomi
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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