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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Showrooms
177 Columbus Blvd, New Britain, CT 06051-2226
Individually Owned
11-yr Hold
Free & Clear
Property ID
US15-1223670
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2002
Total area
10,856 SF
Lot
1.15 ac (50,094 SF)
Zoning code
CBD
APN
NBRI M:C8A B:12
UPID
US15-1223670
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
-
CVS Photo (Bike/Boat/Book/etc) Store
-
Santander Bank ATM Atm
-
CVS Pharmacy
-
CVS Pharmacy Pharmacy
-
CDReload - Online Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$853k
Blend (final)
Blend
$875k
Owner & transaction history
177 Columbus Blvd Owner · 11 yrs held
177 Columbus Blvd Owner
since 2015
5 recorded transactions
Zoning & alternative use
CBD · New Britain, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.3M
+99.5%
Office building
$1.2M
+91.0%
Auto repair, garage
$1.1M
+73.8%
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 New Britain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Britain 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)
$625,000
Current use
RETAIL STORES
$1,250,000
Change: +99% · Conversion: Easy
OFFICE BUILDING
$1,195,000
Change: +91% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,090,000
Change: +74% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,045,000
Change: +67% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$750,000
Change: +20% · Conversion: Moderate
WAREHOUSE, STORAGE
$605,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$875k
Range $788k – $963k · ±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
$81 / 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
$94,008
Tax year 2023
Assessed value
$2,455,810
Assessed 2023
Previous assessed
$2,455,810
+0.0% YoY
Effective rate
3.83%
On assessed value
Assessed land
$1,110,050
Assessed improvement
$1,345,760
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2002
Heating
NONE
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
2
Total area
10,856 SF
Lot
1.15 ac (50,094 SF)
Zoning code
CBD
APN
NBRI M:C8A B:12
UPID
US15-1223670
Jurisdiction
NEW BRITAIN
Zoning & alternative use
CBD · New Britain, CT
Zoning CBD · permitted uses
CBD · New Britain, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Britain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$625,000
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$750,000
WAREHOUSE, STORAGE
Est. value
$605,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
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
2002
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
2
Lot
1.15 ac
Current owner
From public records · entity-resolved
177 Columbus Blvd Owner
Individual
Free & Clear · 11 yrs held
Mailing address
14 DEER WAY, MONTAUK, NY 11954-5225
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2015
—
177 Columbus Blvd Owner
New Britain Columbus LLC
Warranty Deed
—
Feb 4, 2015
$4,424,958
New Britain Columbus B
Franklin Sq New Britai
Warranty Deed
$3,129,000 · Provident Bank
Apr 13, 2005
$550,000
Colvest Htfd-man-wfld LLC
Motiva Ent LLC
Warranty Deed
—
Jan 18, 2005
$3,950,000
Franklin Sq N Britain LLC
Colvest Htfd Man Wfld LLC
Warranty Deed
$3,200,000 · Mortgage Electronic Reg Sys
Jun 13, 2001
$550,000
Colvest Nw Britain LLC
Nbrw LLC
Warranty 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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