Property profile

162 Kitts Ln Newington, CT 06111

FOR LEASE
Retail space
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Property ID
US15-0963830
118,250 SF 12.71 ac Built 1995
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$349k
Tax billed · 2023
Assessed value$9.10M
Assessed land$2.48M
Assessed improvement$6.62M
Effective rate3.84%

Value estimate

· Nov 2026
$9.61M
$8.64M – $10.57M
Submarket $/SF estimate$10.74M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$101/SF
Submarket average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$50 – $146

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-BT
Section 3.15 Special Permits Allowed in B-BT Business Berlin Turnpike Zone The following uses are declared to possess such special charac...
General categoryCOMMERCIAL
JurisdictionNEWINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm26.7
Dental Office21.1
Realty agency20.3

Location

162 Kitts Ln Newington, CT 06111
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
28 Garfield, Newington, CT 06111-2833 $1,800,000 Sep 2024 12,820 SF
67 Pane, Newington, CT 06111-5522 $550,000 May 2023 18,680 SF
75 Kitts, Newington, CT 06111-3935 $220,000 Jul 2022 37,040 SF
3219-3221 Berlin, Newington, CT 06111 $1,500,000 Jan 2021 9,449 SF
2172 Berlin, Newington, CT 06111-3210 $507,917 Feb 2019 10,768 SF
3311 Berlin, Newington, CT 06111-5148 $1,100,000 Nov 2018 12,339 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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