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Property profile & analytics
OFF-MARKET
Estimated value
$1,675,000
Industrial properties
200 John Downey Dr New Britain, CT 06051-2904
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US15-0232382
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1974
Construction
STEEL FRAME
Total area
14,981 SF
Lot
2.33 ac (101,495 SF)
Zoning code
I1
APN
NBRI M:A9C B:5
UPID
US15-0232382
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
-
Tuki Pincho Restaurant
-
Lincoln Technical Institute Vocational School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.68M
Owner & transaction history
Ssrk Holdings LLC
Ssrk Holdings LLC
since 2025
Last sale
$1.9M
5 recorded transactions
Zoning & alternative use
I1 · New Britain, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+146.7%
Retail stores
$1.7M
+66.1%
Office building
$1.7M
+59.0%
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 New Britain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Britain 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
$1,545,000
ML approach
$1,545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,040,000
Current use
RESTAURANT
$2,560,000
Change: +147% · Conversion: Difficult
RETAIL STORES
$1,725,000
Change: +66% · Conversion: Moderate
OFFICE BUILDING
$1,650,000
Change: +59% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,500,000
Change: +45% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,440,000
Change: +39% · Conversion: Difficult
Blend value · Realmo final
$1.68M
Range $1.51M – $1.84M · ±10% · vs last sale $1.90M (May 12 2025)
Last sale anchor
$1.90M
May 12 2025
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
$112 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$44,011
Tax year 2024
Assessed value
$1,111,670
Assessed 2024
Previous assessed
$1,111,670
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$175,700
Assessed improvement
$935,970
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1974
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
3
Total area
14,981 SF
Lot
2.33 ac (101,495 SF)
Zoning code
I1
APN
NBRI M:A9C B:5
UPID
US15-0232382
Jurisdiction
NEW BRITAIN
Zoning & alternative use
I1 · New Britain, CT
Zoning I1 · permitted uses
I1 · New Britain, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Britain. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.0M
RESTAURANT
Est. value
$2.6M
RETAIL STORES
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
INDUSTRIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1974
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
3
Lot
2.33 ac
Current owner
From public records · entity-resolved
Ssrk Holdings LLC
Entity
Mailing address
1 ROYAL TROON CIR BLOOMFIELD
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 12, 2025
$1,900,000
Ssrk Holdings LLC
Sjd200 LLC
Warranty Deed
$1,400,000 · Tompkins Community Bank
Sep 26, 2024
$1,545,000
Sjd200 LLC
Sbt Realty LLC
Warranty Deed
$1,450,000 · Allstate Fire Propert
Sep 17, 2001
—
Sbt Realty LLC
—
Deed Of Trust
related
$720,000 · Savings Bank Of Manchester
Oct 20, 1995
—
Sbt Rlty
—
Deed Of Trust
related
$1,442,365 · Mechanics Savings Bank
May 2, 1990
$1,028,000
Sbt Realty
Cosseboom,ralph W
Grant Deed
$1,500,000 · Landmark Bank
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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