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Property profile & analytics
OFF-MARKET
Estimated value
$4,665,000
Showrooms
151 Main St, Bristol, CT 06010-9992
Individually Owned
34-yr Hold
Free & Clear
Property ID
US15-0536521
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
38,239 SF
Lot
2.2 ac (95,832 SF)
Zoning code
BD-1
APN
BRIS M:26 L:B
UPID
US15-0536521
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
-
Attorney Arias, P.O. Box 2751 Law Firm
-
Charter Anesthesiology Physician
-
United States Postal Service Passport Office Shipping And Mailing Service
-
We Buy Houses Fast In Bristol | Sell My House Fast Real Estate Agency
-
Kreative Media Productions Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.35M
Blend (final)
Blend
$4.67M
Owner & transaction history
U S Postal Svc · 34 yrs held
U S Postal Svc
since 1991
2 recorded transactions
Zoning & alternative use
BD-1 · Bristol, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.5M
+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
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)
$4,650,000
Current use
RESTAURANT
$6,540,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$4,400,000
Change: -5% · Conversion: Easy
OFFICE BUILDING
$4,215,000
Change: -9% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,985,000
Change: -14% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,835,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$4.67M
Range $4.20M – $5.13M · ±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
$122 / 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
$111,481
Tax year 2023
Assessed value
$3,673,180
Assessed 2023
Previous assessed
$3,673,180
+0.0% YoY
Effective rate
3.03%
On assessed value
Assessed land
$307,230
Assessed improvement
$3,365,950
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
38,239 SF
Lot
2.2 ac (95,832 SF)
Zoning code
BD-1
APN
BRIS M:26 L:B
UPID
US15-0536521
Jurisdiction
BRISTOL
Zoning & alternative use
BD-1 · Bristol, CT
Zoning BD-1 · permitted uses
BD-1 · 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
$4.7M
RESTAURANT
Est. value
$6.5M
RETAIL STORES
Est. value
$4.4M
OFFICE BUILDING
Est. value
$4.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$3.8M
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
2.2 ac
Current owner
From public records · entity-resolved
U S Postal Svc
Individual
Free & Clear · 34 yrs held
Mailing address
475 LENFANT PLZ SW, WASHINGTON, DC 20260-0001
Ownership since
1991
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 1991
$656,000
U S Postal Svc
Real Prop Mlp LP
Warranty Deed
—
Jan 3, 1990
$702,000
Real Properties Mlp
Sprig INC
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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