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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Bowling alleys
2137 Berlin Tpke 2143 Newington, CT 06111-3201
Entity Owned
27-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-0551347
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1958
Construction
FRAME
Total area
31,630 SF
Lot
3.15 ac (137,214 SF)
Zoning code
B-BT
APN
NEWI M:18 B:37 L:0
UPID
US15-0551347
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
BOWL O RAMA REALTY LLC
BOWL O RAMA REALTY LLC
Zoning & alternative use
B-BT · Newington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Section 3.15 Special Permits Allowed in B-BT Business Berlin Turnpike Zone The following uses are declared to possess such special characteristics that each must be considered a special permit. They may be permitted by the Commission subject to the following conditions and the provisions of
Zone name
Business Berlin Turnpike
General category
COMMERCIAL
Zone area
191.97 ac
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 Newington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newington 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
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$19 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$51,639
Tax year 2023
Assessed value
$1,346,170
Assessed 2023
Previous assessed
$1,346,170
+0.0% YoY
Effective rate
3.84%
On assessed value
Assessed land
$700,000
Assessed improvement
$646,170
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1958
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
31,630 SF
Lot
3.15 ac (137,214 SF)
Zoning code
B-BT
APN
NEWI M:18 B:37 L:0
UPID
US15-0551347
Jurisdiction
NEWINGTON
Zoning & alternative use
B-BT · Newington, CTZoning B-BT · permitted uses
B-BT · Newington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Section 3.15 Special Permits Allowed in B-BT Business Berlin Turnpike Zone The following uses are declared to possess such special characteristics that each must be considered a special permit. They may be permitted by the Commission subject to the following conditions and the provisions of
Zone name
Business Berlin Turnpike
General category
COMMERCIAL
Zone area
191.97 ac
Building & site characteristics
From public records
Year built
1958
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
3.15 ac
Current owner
From public records · entity-resolved
BOWL O RAMA REALTY LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2143 BERLIN TPKE, NEWINGTON, CT 06111-3201
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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