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Financial
Distress signals
Property profile

2495 Berlin Tpke Newington, CT 06111

FOR SALE
Turn key restaurants
Property ID
US15-0761320
3,256 SF 1.4 ac lot Built 1995
Last sale Aug 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 3,256-square-foot freestanding building presents a remarkable investment opportunity in Newington, Connecticut. Located at 2495 Berlin Turnpike, this property sits on a sizable 1.3-acre lot, offering ample space for development or expansion. Previously occupied by a Boston Market restaurant, the building is currently vacant and ready for immediate occupancy. Built in 1995, the single-story structure is zoned B-BT, allowing for a variety of uses. The asking price is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$38k
Tax billed · 2023
Assessed value$990k
Assessed land$539k
Assessed improvement$451k
Effective rate3.84%

Value estimate

· Oct 2026
$605k
$545k – $666k
AI approach$440k
Submarket $/SF estimate$774k
NOI build-up
Gross scheduled income$63k
Vacancy & credit loss−$5k
Operating expenses−$14k
NOI · 2.58% cap applied$43k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$171/SF
County average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$86 – $288

Cap rate analysis

How does the asset earn?
2.58%
$43k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-BT
Section 3.15 Special Permits Allowed in B-BT Business Berlin Turnpike Zone The following uses are declared to possess such special charac...
General categoryCOMMERCIAL
JurisdictionNEWINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant35.3
Realty agency33.8
Law Firm31.5

Location

2495 Berlin Tpke Newington, CT 06111
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2516 Berlin, Newington, CT 06111-4108 $1,030,000 Jan 2026 4,700 SF
2327 Berlin, Newington, CT 06111-3206 $187,000 Jan 2025 5,002 SF
456 New Britain, Newington, CT 06111-4342 $500,000 Aug 2024 3,834 SF
15 Hartford, Newington, CT 06111-2025 $309,167 Oct 2023 2,292 SF
2221 Berlin, Newington, CT 06111-3201 $515,000 Aug 2022 4,570 SF
95 Kitts, Newington, CT 06111-3954 $295,000 Mar 2021 2,900 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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