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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Showrooms
181 Nn St Bristol, CT 06010-4198
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US15-0893798
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1920
Construction
FRAME
Total area
6,402 SF
Lot
0.39 ac (16,988 SF)
Zoning code
BG
APN
BRIS M:23 L:128
UPID
US15-0893798
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
-
WHP Tax Service Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$890k
Owner & transaction history
166 & 181 Realty LLC · 3 yrs held
166 & 181 Realty LLC
since 2023
Last sale
$1.0M
3 recorded transactions
Zoning & alternative use
BG · Bristol, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+40.7%
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 Bristol submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bristol 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
$1,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$780,000
Current use
RESTAURANT
$1,095,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$735,000
Change: -5% · Conversion: Easy
OFFICE BUILDING
$705,000
Change: -9% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$665,000
Change: -14% · Conversion: Moderate
AUTO REPAIR, GARAGE
$640,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$890k
Range $801k – $979k · ±10% · vs last sale $1.03M (Feb 15 2023)
Last sale anchor
$1.03M
Feb 15 2023
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
$139 / 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
$9,191
Tax year 2023
Assessed value
$302,820
Assessed 2023
Previous assessed
$302,820
+0.0% YoY
Effective rate
3.04%
On assessed value
Assessed land
$94,430
Assessed improvement
$208,390
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1920
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
7
Total area
6,402 SF
Lot
0.39 ac (16,988 SF)
Zoning code
BG
APN
BRIS M:23 L:128
UPID
US15-0893798
Jurisdiction
BRISTOL
Zoning & alternative use
BG · Bristol, CT
Zoning BG · permitted uses
BG · Bristol, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bristol. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$780,000
RESTAURANT
Est. value
$1.1M
RETAIL STORES
Est. value
$735,000
OFFICE BUILDING
Est. value
$705,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$665,000
AUTO REPAIR, GARAGE
Est. value
$640,000
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1920
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
7
Lot
0.39 ac
Current owner
From public records · entity-resolved
166 & 181 Realty LLC
Entity
Mailing address
181 NN ST, BRISTOL, CT 06010-4198
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2023
$1,025,000
166 & 181 Realty LLC
14 Standish Property LLC
Warranty Deed
$765,000 · First Central Savings Bank
Jul 19, 2019
$300,000
14 Standish Prop LLC
Bilodeau Irene J
Trustees Deed
—
Jan 28, 2019
—
Irene J Bilodeau
Bilodeau,irene J
Quit Claim Deed
related
—
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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