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    Property profile & analytics

    164 Central Str Bristol, CT 06010-6789

    • Turn key restaurants
    • 9,425 SF
    • 1.39 lot acres
    OFF-MARKET
    Value Estimation
    $570,000
    Last Sale
    Apr 19, 2022
    $525,000
    Location Intelligence
    Property ID
    US15-0957832
    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

    • Bristol Instrument Gears Inc / Machine Shop
    • Wireless Shop / Cell Phone Store / Cell Phone Accessory Store
    • Forestville Village Association / Meeting Room

    Property Details for 164 Central Str

    Year built
    1930
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.39 lot acres
    Property size
    9,425 SF
    Zone code
    BG
    Property type
    Turn key restaurants
    APN
    BRIS M:41 L:9-1
    APU
    BRISM41L91

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $635,000

    • CAP approach

      CAP return
      Estimation
      6%
      $500,000
      6.5%
      $520,000
      7%
      $535,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $510,000
      Geo Method
      $505,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $530,000
      Retail
      $515,000
      Mixed-Use
      $440,000
      Hospitality
      $425,000
      Educational
      $485,000
      Residential Income
      $510,000
      Energy
      $410,000
      Income-Based Land
      $420,000
      Food Service
      $555,000

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.8969
    Latitude
    41.6735
    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
    $12,233
    $106,470
    $296,590
    $403,060
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $285,000
      2,180 SF

      1264 Farmington Ave

      RESTAURANT • 2,180 SF
      1264 Farmington Ave, Bristol, CT 06010-4761
      View Details
    • Value Estimation
      $310,000
      1,290 SF

      410 Farmington Ave

      RESTAURANT • 1,290 SF
      410 Farmington Ave, Bristol, CT 06010-3908
      View Details
    • Value Estimation
      $690,000
      3,065 SF

      782 Pne St

      RESTAURANT • 3,065 SF
      782 Pne St, Bristol, CT 06010-6923
      View Details
    • Value Estimation
      $255,000
      1,710 SF

      249 Terryville Rd

      RESTAURANT • 1,710 SF
      249 Terryville Rd, Bristol, CT 06010-4013
      View Details
    • Value Estimation
      $385,000
      1,690 SF

      838 Farmington Ave

      RESTAURANT • 1,690 SF
      838 Farmington Ave, Bristol, CT 06010-3923
      View Details
    • Value Estimation
      $380,000
      1,292 SF

      1066 Farmington Ave

      RESTAURANT • 1,292 SF
      1066 Farmington Ave, Bristol, CT 06010-4705
      View Details

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      4095 SF commercial building suitable for retail, office, or restaurant.
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      Versatile Commercial and Residential Property

      Two properties on one parcel, ideal for investors/owner-operators.
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      Commercial property suitable for retail, office, or flex operations.
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      Mixed-use property suitable for residential or home/business use.
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    Similar Nearby for Lease

    • Contact for pricing
      53,234 SF

      Bristol Commons Retail Center

      Prime Bristol, CT Retail Space Available
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      Retail space available in high-traffic area.
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      Retail space available in a busy shopping center.
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      Retail space for lease in Bristol Plaza Shopping Center.
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      Retail Space Near Lake Compounce

      Retail space with high visibility near Lake Compounce.
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      View Details
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    164 Central Str
    Bristol, CT 06010-6789
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    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
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