Property profile

20 New Park Dr Berlin, CT 06037

OFF-MARKET
Warehouses
Property ID
US15-0772014
20,000 SF 1.85 ac lot Built 1977
Individually Owned 30-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1977
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 20,000 SF
Lot 1.85 ac (80,586 SF)
Zoning code PI
APN BERL M:21-4 B:153 L:12B
UPID US15-0772014

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
  • Logistics Company Moving Company
  • Powder Coating Service

Location

20 New Park Dr Berlin, CT 06037-3741
Berlin metro Census 400200 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$505k

Owner & transaction history

since 1996
3 recorded transactions
1996
Price N/A
1992
Price N/A
1990
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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