New search
Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Commercial real estate
14 Main St, Bristol, CT 06010-7053
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US15-0252537
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,277 SF
Lot
0.74 ac (32,134 SF)
Zoning code
BG
APN
BRIS M:41 L:61
UPID
US15-0252537
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$875k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$674k
Blend (final)
Blend
$875k
Owner & transaction history
12-20 E Main Rlty LLC · 1 yrs held
12-20 E Main Rlty LLC
since 2024
Last sale
$875,000
7 recorded transactions
Zoning & alternative use
BG · Bristol, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+40.7%
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 Bristol submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bristol 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
$875,000
ML approach
$875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$765,000
Current use
RESTAURANT
$1,075,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$720,000
Change: -5% · Conversion: Easy
OFFICE BUILDING
$690,000
Change: -9% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$655,000
Change: -14% · Conversion: Moderate
AUTO REPAIR, GARAGE
$630,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$875k
Range $788k – $963k · ±10% · vs last sale $875k (Jul 11 2024)
Last sale anchor
$875k
Jul 11 2024
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
$139 / 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
$14,043
Tax year 2023
Assessed value
$462,700
Assessed 2023
Previous assessed
$462,700
+0.0% YoY
Effective rate
3.04%
On assessed value
Assessed land
$97,440
Assessed improvement
$365,260
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
2
Units
4
Total area
6,277 SF
Lot
0.74 ac (32,134 SF)
Zoning code
BG
APN
BRIS M:41 L:61
UPID
US15-0252537
Jurisdiction
BRISTOL
Zoning & alternative use
BG · Bristol, CT
Zoning BG · permitted uses
BG · Bristol, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bristol. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$765,000
RESTAURANT
Est. value
$1.1M
RETAIL STORES
Est. value
$720,000
OFFICE BUILDING
Est. value
$690,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$655,000
AUTO REPAIR, GARAGE
Est. value
$630,000
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
4
Lot
0.74 ac
Current owner
From public records · entity-resolved
12-20 E Main Rlty LLC
Entity
Mailing address
228 E PO BOX 4400TH RD, WATERBURY, CT 06704-0400
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2024
$875,000
12-20 E Main Rlty LLC
Ok Homes LLC
Warranty Deed
$612,000 · Nbt Bank National Association
Oct 4, 2018
$691,000
Perfect Homes LLC
Gp Financial LLC
Warranty Deed
$518,250
Sep 25, 2017
—
Gp Financial LLC
—
Deed
related
$110,000 · Sachem Cap Corp
Dec 19, 2012
—
Gp Financial LLC
—
Deed Of Trust
related
$540,000 · United Bank
May 31, 2011
—
Gp Financial LLC
—
Deed Of Trust
related
$420,000 · New England Bank
Oct 31, 2001
—
Gary M Ritter
—
Deed Of Trust
related
$400,000 · Valley Bank & Trust Co
Jul 2, 1999
$141,000
Harry M Ritter
Sawe,raymond A
Warranty Deed
$250,000 · Farmington Savings Bank
—
—
Gp Financial LLC
—
Deed Of Trust
related
$110,000 · Sachem Cap Corp
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?”
You own 14 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
