Property profile

203 Costello Rd Newington, CT 06111

OFF-MARKET
Warehouses
Property ID
US15-1065459
8,350 SF 1.73 ac lot Built 2022
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2022
Total area 8,350 SF
Lot 1.73 ac (75,359 SF)
Zoning code PD
APN NEWI M:28 B:199 L:B
UPID US15-1065459

Cap rate & NOI

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

Location

203 Costello Rd Newington, CT 06111-5161
Newington metro Census 494202 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2021
Last sale
$160,000
5 recorded transactions
2023
Price N/A
2022
Price N/A
2021
$160,000
2009
$195,000
1995
$127,118

Zoning & alternative use

PD · Newington, CT
Zoning description

Business (PD) and Industrial (I) zones, to encourage transit-oriented development of parcels on Cedar Street, Fenn Road, and streets adjacent to Fenn Road that are generally within walking distance of the CTfastrak stati…

General category PLANNED_DEVELOPMENT

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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