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Property profile & analytics
OFF-MARKET
Industrial properties
23 Francis J Clarke Cir Ste 1a Bethel, CT 06801-2861
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US15-0778624
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1988
Construction
STEEL FRAME
Total area
3,220 SF
Zoning code
IP
APN
BETH M:10 B:23 L:150 X:13 X:1A
UPID
US15-0778624
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
-
Rain King Waterproofing, Inc. Construction Company General Contractor
-
MOTO-D Racing Auto Parts Store Motorcycle Shop
-
Base Technologies | Copiers and Document Management Company in Connecticut Office Equipment Supplier Printer Repair Service
-
Community Shellfish Connecticut Specialty Food Shop Fish Market
-
SOLARFOX® USA Production Facility
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
Pippi LLC · 12 yrs held
Pippi LLC
since 2013
6 recorded transactions
Zoning & alternative use
IP · Bethel, 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 Bethel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethel 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
$5,043
Tax year 2023
Assessed value
$177,380
Assessed 2023
Previous assessed
$144,200
+23.0% YoY
Effective rate
2.84%
On assessed value
Assessed improvement
$177,380
Applied tax rate
116.0000
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
3,220 SF
Zoning code
IP
APN
BETH M:10 B:23 L:150 X:13 X:1A
UPID
US15-0778624
Jurisdiction
BETHEL
Zoning & alternative use
IP · Bethel, CT
Zoning IP · permitted uses
IP · Bethel, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bethel. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Current owner
From public records · entity-resolved
Pippi LLC
Entity
Mailing address
8 GRAND PL, NEWTOWN, CT 06470-2114
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
Nov 26, 2013
—
Pippi LLC
Esab LLC
Warranty Deed
$286,000 · Union Savings Bank
Apr 6, 2000
$145,000
Esab LLC
Lor Ed LLC
Warranty Deed
—
Jun 30, 1997
$75,989
Lor Ed LLC
Dahill,joseph
Warranty Deed
—
Feb 13, 1990
—
Joseph S Dahill
—
Deed Of Trust
related
$187,000 · Connecticut National Bank
Dec 21, 1988
$275,000
Orlando Monteiro
A & A Associates
Grant Deed
$220,000 · Union Savings Bank Danbury
Aug 10, 1988
$270,000
Joseph S Dahill
A & A Assoc
Grant Deed
$200,000 · Connecticut National Bank
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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