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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Turn key restaurants
1770 Berlin Tpke Wethersfield, CT 06109-1300
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US15-1019639
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1943
Construction
FRAME
Total area
9,387 SF
Lot
2.12 ac (92,347 SF)
Zoning code
RC
APN
WETH M:031 B:014
UPID
US15-1019639
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$805k
Blend (final)
Blend
$740k
Owner & transaction history
1770 Berlin Turnpike LLC · 9 yrs held
1770 Berlin Turnpike LLC
since 2017
6 recorded transactions
Zoning & alternative use
RC · Wethersfield, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Wethersfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wethersfield 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
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$79 / 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
$18,531
Tax year 2023
Assessed value
$443,540
Assessed 2023
Previous assessed
$443,540
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$208,460
Assessed improvement
$235,080
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1943
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
9,387 SF
Lot
2.12 ac (92,347 SF)
Zoning code
RC
APN
WETH M:031 B:014
UPID
US15-1019639
Jurisdiction
WETHERSFIELD
Zoning & alternative use
RC · Wethersfield, CT
Zoning RC · permitted uses
RC · Wethersfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wethersfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1943
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
2.12 ac
Current owner
From public records · entity-resolved
1770 Berlin Turnpike LLC
Entity
Mailing address
1275 CROMWELL AVE STE B10, ROCKY HILL, CT 06067-3421
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2017
$625,000
1770 Berlin Turnpike LLC
Hayden Asset 8 LLC
Warranty Deed
$500,000 · 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
$350,000 · Naugatuck Valley Sla
Oct 29, 2007
—
Vacalebre Weth LLC
—
Deed Of Trust
related
$2,300,000 · Naugatuck Valley Sla
Jan 26, 2007
—
Vacalebre Weth LLC
—
Deed Of Trust
related
$1,600,000 · Naugatuck Valley Sla
Jul 12, 2004
—
Vacalebre Wethersfie LLC
—
Deed Of Trust
related
$800,000 · Banknorth NA
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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