Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    144 New Britain Rd Berlin, CT 06037

    • Retail space
    • 3,233 SF
    • 0.99 lot acres
    OFF-MARKET
    Value Estimation
    $2,850,000
    Last Sale
    Nov 18, 2024
    $2,797,399
    Location Intelligence
    Property ID
    US15-1051852
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 144 New Britain Rd

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.99 lot acres
    Property size
    3,233 SF
    Zone code
    CCD-1
    Property type
    Retail space
    APN
    BERL M:3-3 B:23D L:1
    APU
    BERLM33B23DL1

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,795,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,695,000
      6.5%
      $2,915,000
      7%
      $2,645,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,310,000
      Geo Method
      $2,935,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,605,000
      Retail
      $2,610,000
      Mixed-Use
      $2,585,000
      Hospitality
      $2,595,000
      Educational
      $2,865,000
      Residential Income
      $2,735,000
      Energy
      $3,400,000
      Income-Based Land
      $3,415,000
      Food Service
      $2,915,000

    Location Insight

    • Map
    • Local Demand
    City
    Berlin
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7713
    Latitude
    41.6447
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $33,583
    $267,000
    $869,100
    $1,136,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $365,000
      3,240 SF

      1014 Farmington Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,240 SF
      1014 Farmington Ave, Berlin, CT 06037-2248
      View Details
    • Value Estimation by Request
      2,405 SF

      18 Berlin Tpke

      RETAIL STORES (PERSONAL SERVICES) • 2,405 SF
      18 Berlin Tpke, Berlin, CT 06037-1502
      View Details
    • Value Estimation
      $405,000
      9,600 SF

      1272 Farmington Ave

      RETAIL STORES (PERSONAL SERVICES) • 9,600 SF
      1272 Farmington Ave, Berlin, CT 06037-2358
      View Details
    • Value Estimation
      $300,000
      416 SF

      806 Farmington Ave

      RETAIL STORES (PERSONAL SERVICES) • 416 SF
      806 Farmington Ave, Berlin, CT 06037-1303
      View Details
    • Value Estimation
      $305,000
      1,918 SF

      225 New Britain Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,918 SF
      225 New Britain Rd, Berlin, CT 06037
      View Details
    • Value Estimation by Request
      5,242 SF

      185 New Britain Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,242 SF
      185 New Britain Rd, Berlin, CT 06037-1353
      View Details

    Similar Nearby for Sale

    • $2,799,500
      21,119 SF

      Fully Leased Retail Investment Property

      Turn-key retail investment property, 100% leased with long-term tenants.
      892-900 Farmington Ave, Berlin, CT 06037
      View Details
    • $1,300,000
      4 SF

      Berlin Turnpike Retail Investment Opportunity

      4,301 SF retail building with high visibility on Berlin Turnpike.
      1474 Berlin Tpke, Berlin, CT 06037
      View Details
    • $619,500

      Retail Property on Farmington Avenue

      Retail property for sale on Farmington Avenue, Berlin, CT.
      266 Farmington Ave, Berlin, CT 06037
      View Details
    • $315,000
      28.76 Acres

      28 Acres Residential Land, Berlin

      Large 28-acre residential land parcel near downtown Berlin, Connecticut.
      4 Burnham St, Berlin, CT 06037
      View Details
    • $359,900

      4.8 Acres of Agricultural Land

      4.8 acres of land zoned POD, permitted for agriculture.
      Chamberlain Hwy, Berlin, CT 06037
      View Details
    • $299,900

      Berlin Specialty Property For Sale

      Specialty property available for purchase in Berlin, Connecticut.
      31 Glendale Ave, Berlin, CT 06037
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      23,126 SF

      Prime Retail Space in Berlin

      Versatile retail space in Berlin's retail hub with ample parking.
      119-133 Webster Square Rd, Berlin, CT 06037
      View Details
    • $9 SF/Yr
      3,750 SF

      Flex Space with Retail/Warehouse

      3,750 SF flex space with retail and warehouse components.
      2590 Berlin Tpke, Berlin, CT 06037
      View Details
    • Contact for pricing
      7,000 SF

      Endcap Retail Space Available

      7,000 SF endcap retail space, dividable to 1,500 SF.
      1943 Berlin Tpke, Berlin, CT 06037
      View Details
    • Contact for pricing
      2,200 SF

      Retail Space in Strip Center

      Retail space available in neighborhood strip center with anchor tenant.
      1135 Farmington Ave, Berlin, CT 06037
      View Details
    • $1,750 /Mo
      1,800 SF

      Prime Commercial Space on Farmington Avenue

      Versatile commercial space suitable for office, retail, or medical use.
      925 Farmington Ave, Berlin, CT 06037
      View Details
    • $8 SF/Yr
      17,928 SF

      Retail Property in Berlin, CT

      Two-story retail property with ample parking and high traffic volume.
      99 Webster Square Rd, Berlin, CT 06037
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    144 New Britain Rd
    Berlin, CT 06037
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.