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Property profile & analytics
FOR LEASE
Office buildings
175 New Britain Ave Plainville, CT 06062
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US15-0525832
For Lease
1 / 20
Contact for pricing
175 New Britain Ave, Plainville, CT 06062
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
FRAME
Total area
4,845 SF
Lot
0.44 ac (19,166 SF)
Zoning code
GC
APN
PLAI M:22 B:B L:11
UPID
US15-0525832
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
-
Mortgage Assistance Company, LLC Loan Service Bank
-
A Moment Away Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mortgage Assistance Co · 9 yrs held
Mortgage Assistance Co
since 2017
7 recorded transactions
Zoning & alternative use
GC · Plainville, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
General Commercial
General category
COMMERCIAL
Zone area
426.85 ac
Source
Realmo
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 Plainville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainville 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$13,601
Tax year 2023
Assessed value
$432,880
Assessed 2023
Previous assessed
$432,880
+0.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$141,960
Assessed improvement
$290,920
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
For Lease
Year built
1987
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Units
2
Total area
4,845 SF
Lot
0.44 ac (19,166 SF)
Zoning code
GC
APN
PLAI M:22 B:B L:11
UPID
US15-0525832
Jurisdiction
PLAINVILLE
Zoning & alternative use
GC · Plainville, CTZoning GC · permitted uses
GC · Plainville, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
General Commercial
General category
COMMERCIAL
Zone area
426.85 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1987
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
1
Units
2
Lot
0.44 ac
Current owner
From public records · entity-resolved
Mortgage Assistance Co
Entity
Mailing address
175 NEW BRITAIN AVE, PLAINVILLE, CT 06062-2011
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2024
—
Mortgage Assistance Co
—
Deed
related
$900,000 · Frank J Sidoti JR
Dec 27, 2023
—
Mtg Assistance Co LLC
—
Deed
related
$200,000 · Frank J Sidoti JR
Jul 17, 2023
—
Mortgage Assistance Co
—
Deed
related
$200,000 · Frank J Sidoti JR
Jul 14, 2023
—
Mortgage Assistance Co
—
Deed
related
$700,000 · Mark Sidoti
May 18, 2017
—
Mortgage Assistance Co
Mac LLC
Quit Claim Deed
related
—
Nov 12, 2015
—
Mac LLC
Lmoe LLC
Quit Claim Deed
related
—
Mar 11, 2005
$490,000
Lmoe LLC
Cmak Realty LLC
Warranty Deed
$367,500 · Webster Bank
Oct 16, 1998
$312,000
Royce Ind LLC
Ada Rlty
Warranty Deed
—
Jun 10, 1992
$420,000
Ada Realty
Nadeau,roland
Warranty Deed
$315,000 · First Bank Of W Htfd
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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