Technical
Financial
Distress signals
Property profile

224 Allen St New Britain, CT 06053

OFF-MARKET
Commercial real estate
Property ID
US15-0558000
3.07 ac lot
Entity Owned 22-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 3.07 ac (133,729 SF)
Zoning code B2
APN NBRI M:C5D B:1
UPID US15-0558000

Cap rate & NOI

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

Location

224 Allen St New Britain, CT 06053-3021
New Britain metro Census 416800 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2003
7 recorded transactions
2017
Price N/A
2006
Price N/A
2003
$1.7M
2003
Price N/A
2002
$1.1M
1993
Price N/A
1990
Price N/A

Zoning & alternative use

B2 · New Britain, CT
Zoning description

21-86, Item #17164-1] 50-10-20 Business Districts. OP District (office and public buildings). B-1 District (neighborhood business). B-1R District (neighborhood business revitalization). [Approved 2-23-06, Item #28899-2]…

General category COMMERCIAL

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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