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Property profile & analytics
OFF-MARKET
Estimated value
$39,115,000
Office buildings
14 Research Dr Bethel, CT 06801-1067
Individually Owned
10-yr Hold
Free & Clear
Property ID
US15-0323106
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1995
Total area
322,970 SF
Lot
43.8 ac (1,907,928 SF)
Zoning code
IP
APN
BETH M:57 B:115 L:1
UPID
US15-0323106
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
-
Duracell Corporate Office Business Park
-
SoundView Financial Credit Union Credit Union
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$32.76M
Blend (final)
Blend
$39.12M
Owner & transaction history
Duracell Us Operations · 10 yrs held
Duracell Us Operations
since 2016
4 recorded transactions
Zoning & alternative use
IP · Bethel, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
5. Industrial Park (IP) Zone - The purpose of the Industrial Park Zone is to provide for appropriate locations and standards for industrial-type uses in a park-type environment. • Village Center (VC) Zone • Commercial (C) Zone • Route 6 Business (RT6) Zone • Industrial (I) Zone • Industrial Park (IP) Zone 46
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
481.00 ac
Top alternative use upside
Retail stores
$60.0M
+6.5%
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 Bethel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethel 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
OFFICE BUILDING
$56,355,000
Current use
RETAIL STORES
$60,025,000
Change: +7% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$51,175,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$39.12M
Range $35.20M – $43.03M · ±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
$121 / 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
$982,240
Tax year 2023
Assessed value
$34,549,410
Assessed 2023
Previous assessed
$34,549,410
+0.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$3,951,360
Assessed improvement
$30,598,050
Applied tax rate
116.0000
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
1995
Heating
NONE
Buildings
2
Units
1
Total area
322,970 SF
Lot
43.8 ac (1,907,928 SF)
Zoning code
IP
APN
BETH M:57 B:115 L:1
UPID
US15-0323106
Jurisdiction
BETHEL
Zoning & alternative use
IP · Bethel, CTZoning IP · permitted uses
IP · Bethel, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
5. Industrial Park (IP) Zone - The purpose of the Industrial Park Zone is to provide for appropriate locations and standards for industrial-type uses in a park-type environment. • Village Center (VC) Zone • Commercial (C) Zone • Route 6 Business (RT6) Zone • Industrial (I) Zone • Industrial Park (IP) Zone 46
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
481.00 ac
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$56.4M
RETAIL STORES
Est. value
$60.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$51.2M
OFFICE BUILDING Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1995
Heating
NONE
Buildings
2
Units
1
Lot
43.8 ac
Current owner
From public records · entity-resolved
Duracell Us Operations
Individual
Free & Clear · 10 yrs held
Mailing address
14 RESEARCH DR, BETHEL, CT 06801-1067
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Mar 10, 2026
—
Rajashekhar Betageri
—
Deed
related
$150,000 · Albright Credit Union
Jun 11, 2024
—
Edward R Cole
—
Deed
related
$75,000 · Soundview Financial Credit Union
Feb 23, 2016
—
Duracell Us Operations
Gillette Co
Quit Claim Deed
related
—
Feb 26, 1997
$70,504,533
Duracell INC
Cibc INC
Warranty 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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