Property profile

199 New Park Dr Berlin, CT 06037

OFF-MARKET
Manufacturing properties
Property ID
US15-1026008
19,392 SF 5.27 ac lot Built 1986
Individually Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,392 SF
Lot 5.27 ac (229,561 SF)
Zoning code PI
APN BERL M:22-3 B:153 L:7E
UPID US15-1026008

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
  • Production Facility Factory

Location

199 New Park Dr Berlin, CT 06037-3740
Berlin metro Census 400200 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
$737k
Blend (final) Blend
$470k

Owner & transaction history

since 2006
2 recorded transactions
2006
Price N/A
1988
Price N/A

Zoning & alternative use

PI · Berlin, CT
General category UNKNOWN

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
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