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Property profile & analytics
OFF-MARKET
Commercial real estate
2005 Berlin Tpke Berlin, CT 06037-3617
Entity Owned
19-yr Hold
Free & Clear
Property ID
US15-1072720
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
1.56 ac (67,954 SF)
Zoning code
BT-1
APN
BERL M:21-4 B:153 L:10
UPID
US15-1072720
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
-
Exxon Gas Station
-
Mobil Gas Station
-
Atlantis Fresh Market - #565 (Now Delivering!) Grocery & Convenience Store
-
ATM (Turnpike Food Mart) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Leonard E Belcher INC · 19 yrs held
Leonard E Belcher INC
since 2007
6 recorded transactions
Zoning & alternative use
BT-1 · Berlin, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Berlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berlin 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$51,222
Tax year 2023
Assessed value
$1,732,800
Assessed 2023
Previous assessed
$1,732,800
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$464,900
Assessed improvement
$1,267,900
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Units
3
Lot
1.56 ac (67,954 SF)
Zoning code
BT-1
APN
BERL M:21-4 B:153 L:10
UPID
US15-1072720
Jurisdiction
BERLIN
Zoning & alternative use
BT-1 · Berlin, CT
Zoning BT-1 · permitted uses
BT-1 · Berlin, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Berlin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
3
Lot
1.56 ac
Current owner
From public records · entity-resolved
Leonard E Belcher INC
Entity
Free & Clear · 19 yrs held
Mailing address
2900 TELESTAR CT, FALLS CHURCH, VA 22042-1206
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2007
$1,350,000
Leonard E Belcher INC
Hdc 3 LLC
Warranty Deed
—
Dec 2, 2004
$25,000
Hdc 3 LLC
Turnpike Rlty Assoc LLC
Warranty Deed
—
Dec 2, 2004
$580,000
Hdc Three LLC
Harding Of New Britain
Warranty Deed
$576,000 · Westfield Bank Fsb
Jan 25, 2000
—
New Britain Harding
—
Deed Of Trust
related
$150,000 · Dorothy Derosa
Mar 31, 1999
$32,500
New Britain Harding
Random Prop Acquis Co
Grant Deed
$120,000 · Apex Mortgage Corp
—
—
Pmg Slb 1 LLC
—
Deed Of Trust
related
$34,000,000 · Manuf & Trdr Tr Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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