Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1770 Berlin Tpke Wethersfield, CT 06109-1300
    Back to Search
    Property profile & analytics

    1770 Berlin Tpke, Wethersfield, CT 06109-1300

    View on Map
    • Turn key restaurants
    • 9,387 SF
    • 2.12 lot acres
    Off-Market
    Property ID
    US15-1019639
    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.
    Value Estimations
    $740,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 1770 Berlin Tpke

    Year built
    1943
    Construction
    FRAME
    Lot size
    2.12 lot acres
    Zone code
    RC
    Property type
    Turn key restaurants
    APN
    WETH M:031 B:014
    APU
    WETHM031B014

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 4, 2017 $625,000 1770 Berlin Turnpike LLC Hayden Asset 8 LLC Warranty Deed $500k · Bank Of America
    Jan 9, 2015 — Hayden Asset 8 LLC|naug,valley S & L Carmen Anthony Fishhouse Foreclosure · related —
    Aug 10, 2010 — Vacalebre Weth LLC — Deed Of Trust · related $350k · Naugatuck Valley Sla
    Oct 29, 2007 — Vacalebre Weth LLC — Deed Of Trust · related $2.3M · Naugatuck Valley Sla
    Jan 26, 2007 — Vacalebre Weth LLC — Deed Of Trust · related $1.6M · Naugatuck Valley Sla
    Jul 12, 2004 — Vacalebre Wethersfie LLC — Deed Of Trust · related $800k · Banknorth NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $804,000
      Market price range: $805k - $2.70M
      AI Estimate
      $678,000
      Market price range: $678k - $1.43M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wethersfield
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7006
    Latitude
    41.7064
    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
    $18,531
    $208,460
    $235,080
    $443,540
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $765,000
      5,452 SF

      1298 Silas Deane Hwy

      RESTAURANT
      1298 Silas Deane Hwy, Wethersfield, CT 06109-4303
      View Details
    • Value Estimation
      $1,385,000
      8,383 SF

      1324 Silas Deane Hwy

      RESTAURANT
      1324 Silas Deane Hwy, Wethersfield, CT 06109-4344
      View Details
    • Value Estimation by Request
      1,244 SF

      338 Silas Deane Hwy

      RESTAURANT
      338 Silas Deane Hwy, Wethersfield, CT 06109-1735
      View Details
    • Value Estimation by Request
      1,875 SF

      416 Silas Deane Hwy

      RESTAURANT
      416 Silas Deane Hwy, Wethersfield, CT 06109-2104
      View Details
    • Value Estimation by Request
      4,440 SF

      1030 Silas Deane Hwy

      RESTAURANT
      1030 Silas Deane Hwy, Wethersfield, CT 06109-4231
      View Details
    • Value Estimation by Request
      2,340 SF

      1797 Berlin Tpke

      RESTAURANT
      1797 Berlin Tpke, Wethersfield, CT 06109
      View Details

    Similar Nearby for Sale

    • $249,900
      825 SF

      Established Restaurant Business Opportunity

      Turnkey restaurant in Old Wethersfield with strong local customer base.
      285 Main St, Wethersfield, CT 06109
      View Details
    • Contact for pricing
      2,944 SF

      Freestanding KFC in Wethersfield, CT

      Freestanding, renovated KFC on 0.5 acres in retail corridor.
      31 Town Line Rd, Wethersfield, CT 06109
      View Details
    • Contact for pricing

      Retail Property For Sale

      Retail property available for purchase in Wethersfield, Connecticut.
      872 Silas Deane Hwy, Wethersfield, CT 06109
      View Details
    • $2,190,000
      18,756 SF

      Wethersfield Commercial Office Building For Sale

      Well-maintained office building on Silas Deane Highway in Wethersfield.
      449 Silas Deane Hwy, Wethersfield, CT 06109
      View Details
    • Contact for pricing

      Wethersfield Land For Sale

      1.89 acres of land suitable for mixed-use development.
      648 Russell Rd, Wethersfield, CT 06109
      View Details
    • $550,000

      Two-Family Home in Old Wethersfield

      Two-unit property with updated features in historic location.
      13 Wilcox St, Wethersfield, CT 06109
      View Details

    Similar Nearby for Lease

    • $4,000 /Mo
      1,800 SF

      Wethersfield Retail Space For Rent

      Prime retail space suitable for various businesses, high-traffic location.
      708 Silas Deane Hwy, Wethersfield, CT 06109
      View Details
    • $25 SF/Yr

      Customizable Retail Space in Plaza

      4,800 SF retail space in high-traffic Silas Deane Highway.
      657 Silas Deane Hwy, Wethersfield, CT 06109
      View Details
    • Contact for pricing
      2,101 SF

      Wethersfield Retail Space Available

      Retail space available for rent in Wethersfield, Connecticut.
      27 Town Line Rd, Wethersfield, CT 06109
      View Details
    • $25 SF/Yr
      4,800 SF

      Customizable Retail Space on Silas

      4,800 SF retail space in high-traffic area.
      657 Silas Deane Hwy, Wethersfield, CT 06109
      View Details
    • Contact for pricing
      2,630 SF

      Retail Space on Silas Deane

      Retail space available for lease on Silas Deane Highway.
      1345 Silas Deane Hwy, Wethersfield, CT 06109
      View Details
    • Contact for pricing

      Retail Space in Jordan Lane

      Daily needs shopping center anchored by Stop & Shop.
      1380-1430 Berlin Tpke, Wethersfield, CT 06109
      View Details

    Property Visit Statistics

    • Visits by month
      1.4k
    • Visitors by month
      1.2k
    • Avg Time on site
      22 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1770 Berlin Tpke
    Wethersfield, CT 06109-1300
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1770 Berlin Tpke, Wethersfield, CT, 06109
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!