Property profile

196 Commerce St East Berlin, CT 06023

OFF-MARKET
Manufacturing properties
Property ID
US15-0321364
24,604 SF 1.33 ac lot Built 1970
Entity Owned 12-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 24,604 SF
Lot 1.33 ac (57,935 SF)
Zoning code PI
APN BERL M:17-2 B:133 L:17H
UPID US15-0321364

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Professional Services

Location

196 Commerce St East Berlin, CT 06023-1105
East Berlin metro Census 400101 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.09M
Blend (final) Blend
$610k

Owner & transaction history

since 2014
6 recorded transactions
2014
Price N/A
2010
Price N/A
2006
Price N/A
2001
Price N/A
2000
Price N/A
1987
Price N/A

Zoning & alternative use

PI · East Berlin, CT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 196 Commerce St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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