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Property profile & analytics
OFF-MARKET
Estimated value
$4,855,000
Automotive properties
250 Webster Sq Rd Berlin, CT 06037-2353
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US15-0752371
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
38,096 SF
Lot
8.26 ac (359,806 SF)
Zoning code
PS-A
APN
BERL M:10-3 B:83C L:32
UPID
US15-0752371
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
-
Tasca RV Service Auto Repair Shop
-
Quick Lane at Tasca Ford Auto Repair Shop
-
Tasca Ford Service Auto Repair Shop
-
Tasca Ford Parts Auto Parts Store
-
AutoRent CT Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.76M
Blend (final)
Blend
$4.86M
Owner & transaction history
Bocada 250 Webster Sq LLC · 10 yrs held
Bocada 250 Webster Sq LLC
since 2016
5 recorded transactions
Zoning & alternative use
PS-A · Berlin, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.5M
+70.5%
Retail stores
$4.4M
+14.8%
Office building
$4.2M
+9.9%
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 Berlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berlin 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
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,820,000
Current use
RESTAURANT
$6,515,000
Change: +71% · Conversion: Difficult
RETAIL STORES
$4,385,000
Change: +15% · Conversion: Difficult
OFFICE BUILDING
$4,200,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,600,000
Change: -6% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$3,500,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$4.86M
Range $4.37M – $5.34M · ±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
$127 / 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
$126,931
Tax year 2023
Assessed value
$4,294,000
Assessed 2023
Previous assessed
$4,294,000
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$278,100
Assessed improvement
$4,015,900
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
38,096 SF
Lot
8.26 ac (359,806 SF)
Zoning code
PS-A
APN
BERL M:10-3 B:83C L:32
UPID
US15-0752371
Jurisdiction
BERLIN
Zoning & alternative use
PS-A · Berlin, CT
Zoning PS-A · permitted uses
PS-A · Berlin, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Berlin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$3.8M
RESTAURANT
Est. value
$6.5M
RETAIL STORES
Est. value
$4.4M
OFFICE BUILDING
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$3.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
AUTO REPAIR, GARAGE Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
8.26 ac
Current owner
From public records · entity-resolved
Bocada 250 Webster Sq LLC
Entity
Mailing address
250 WEBSTER SQ RD, BERLIN, CT 06037-2353
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2016
$5,200,000
Bocada 250 Webster Sq LLC
Morande Automotive Group
Warranty Deed
$5,950,000 · Ford Motor Credit
Aug 13, 2009
$1
Morande Automotiv Grp INC
Morande Ford INC
Grant Deed
related
—
Feb 10, 2003
—
Morande Ford INC
—
Deed Of Trust
related
$4,320,000 · Banknorth NA
Jan 2, 2001
—
Morande Ford INC
—
Deed Of Trust
related
$5,100,000 · First Massachusetts Bank
Sep 14, 1995
—
Robert Morande
—
Deed Of Trust
related
$650,000 · Glastonbury Bank & Trust
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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