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Property profile & analytics
OFF-MARKET
Estimated value
$3,110,000
Industrial properties
206 Newington Ave New Britain, CT 06051-2130
Entity Owned
12-yr Hold
Free & Clear
Property ID
US15-0139991
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
136,824 SF
Lot
6.13 ac (267,023 SF)
Zoning code
I2
APN
NBRI M:A7C B:1
UPID
US15-0139991
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
-
Marsam Metal Finishing Co Factory Production Facility
-
JF Fredericks Aero LLC Industrial Manufacturer
-
Ammunition Storage Components Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.72M
Blend (final)
Blend
$3.11M
Owner & transaction history
Silo Ventures LLC · 12 yrs held
Silo Ventures LLC
since 2014
6 recorded transactions
Zoning & alternative use
I2 · New Britain, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.11M
Range $2.80M – $3.42M · ±10%
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
$23 / 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
$76,277
Tax year 2024
Assessed value
$1,926,680
Assessed 2024
Previous assessed
$1,926,680
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$308,210
Assessed improvement
$1,618,470
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
1
Stories
2
Units
1
Rooms
2
Total area
136,824 SF
Lot
6.13 ac (267,023 SF)
Zoning code
I2
APN
NBRI M:A7C B:1
UPID
US15-0139991
Jurisdiction
NEW BRITAIN
Zoning & alternative use
I2 · New Britain, CT
Zoning I2 · permitted uses
I2 · 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.
Building & site characteristics
From public records
Year built
1946
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Buildings
1
Units
1
Rooms
2
Lot
6.13 ac
Current owner
From public records · entity-resolved
Silo Ventures LLC
Entity
Free & Clear · 12 yrs held
Mailing address
206 NEWINGTON AVE, NEW BRITAIN, CT 06051-2130
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
Jul 31, 2014
—
Silo Ventures LLC
—
Grant Deed
related
$400,000 · Farmington Svgs Bk
Jun 4, 2014
$300,000
Silo Ventures LLC
Plain,silo V
Committee
—
Mar 12, 2007
—
Sunrise Realty Corp
—
Deed Of Trust
related
$7,500,000 · Citizens Bank Of Ct
Feb 1, 2002
—
Newington Ave LLC
—
Deed Of Trust
related
$90,000 · First City Bank
Jul 17, 1991
$3,900
St Of Ct
Sunrise Realty Corp
Warranty Deed
—
Jun 14, 1991
$1,300
State Of Ct
Fleet Bk/ct
Warranty Deed
related
—
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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