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Property profile & analytics
OFF-MARKET
Medical Office Space
137 New Britain Ave, Plainville, CT 06062-2021
Trust Owned
6-yr Hold
Free & Clear
Property ID
US15-0207413
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Construction
FRAME
Total area
6,844 SF
Lot
0.42 ac (18,295 SF)
Zoning code
GC
APN
PLAI M:23 B:K L:15.2
UPID
US15-0207413
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
-
Ragged Mountain Veterinarian Veterinary Clinic
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
Pierce Ft Trust · 6 yrs held
Pierce Ft Trust
since 2020
Last sale
$225,000
7 recorded transactions
Zoning & alternative use
GC · Plainville, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Plainville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainville 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
$8,677
Tax year 2023
Assessed value
$276,150
Assessed 2023
Previous assessed
$276,150
+0.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$140,280
Assessed improvement
$135,870
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
SPACE
Buildings
1
Units
2
Total area
6,844 SF
Lot
0.42 ac (18,295 SF)
Zoning code
GC
APN
PLAI M:23 B:K L:15.2
UPID
US15-0207413
Jurisdiction
PLAINVILLE
Zoning & alternative use
GC · Plainville, CT
Zoning GC · permitted uses
GC · Plainville, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plainville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
FRAME
Heating
SPACE
Buildings
1
Units
2
Lot
0.42 ac
Current owner
From public records · entity-resolved
Pierce Ft Trust
Trust
Free & Clear · 6 yrs held
Mailing address
89 BELGIAN CIR, BRISTOL, CT 06010-8966
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2020
—
Pierce Ft Trust
William Pierce
Quit Claim Deed
related
—
Mar 15, 1999
—
Guy Wolf LLC
—
Deed Of Trust
related
$190,000 · Farmington Savings Bank
Dec 22, 1995
$225,000
Kahuna Ltd LLC
Unlimited Ltd
Warranty Deed
$180,000 · Bank Of Southington
Sep 14, 1988
—
Unlimited Ltd
—
Deed Of Trust
related
$30,000 · Zwi Kohorn
Sep 1, 1988
—
Unlimited Ltd
—
Deed Of Trust
related
$340,000 · Ct Natl Bk
Apr 29, 1988
—
Unlimited Ltd
—
Deed Of Trust
related
$300,000 · Ct Natl Bk
Apr 23, 1987
$87,000
Unlimited Ltd
Carlson,ernest JR
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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