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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Warehouses
3 Trowbridge Dr Bethel, CT 06801-2858
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US15-0928460
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Construction
STEEL FRAME
Total area
23,712 SF
Lot
3.29 ac (143,312 SF)
Zoning code
IP
APN
BETH M:10 B:23 L:150 X:15
UPID
US15-0928460
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
-
Only Mohawk Rug Pads Carpet & Flooring Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$888k
Blend (final)
Blend
$745k
Owner & transaction history
Teed&brown Holdings LLC · 6 yrs held
Teed&brown Holdings LLC
since 2019
7 recorded transactions
Zoning & alternative use
IP · Bethel, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
5. Industrial Park (IP) Zone - The purpose of the Industrial Park Zone is to provide for appropriate locations and standards for industrial-type uses in a park-type environment. • Village Center (VC) Zone • Commercial (C) Zone • Route 6 Business (RT6) Zone • Industrial (I) Zone • Industrial Park (IP) Zone 46
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
481.00 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 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
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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$895,000
Current use
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$31 / 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
$32,516
Tax year 2023
Assessed value
$1,143,730
Assessed 2023
Previous assessed
$1,143,730
+0.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$300,790
Assessed improvement
$842,940
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1991
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
1
Stories
1
Units
2
Total area
23,712 SF
Lot
3.29 ac (143,312 SF)
Zoning code
IP
APN
BETH M:10 B:23 L:150 X:15
UPID
US15-0928460
Jurisdiction
BETHEL
Zoning & alternative use
IP · Bethel, CTZoning IP · permitted uses
IP · Bethel, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
5. Industrial Park (IP) Zone - The purpose of the Industrial Park Zone is to provide for appropriate locations and standards for industrial-type uses in a park-type environment. • Village Center (VC) Zone • Commercial (C) Zone • Route 6 Business (RT6) Zone • Industrial (I) Zone • Industrial Park (IP) Zone 46
Zone name
Industrial Park
General category
INDUSTRIAL
Zone area
481.00 ac
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$895,000
WAREHOUSE, STORAGE Current
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
1991
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Units
2
Lot
3.29 ac
Current owner
From public records · entity-resolved
Teed&brown Holdings LLC
Entity
Mailing address
304 MAIN AVE #200, NORWALK, CT 06851-6167
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2023
—
Teed & Brown Holdings LLC
—
Deed
related
$2,552,700 · Connecticut Community Bank NA
Aug 29, 2023
—
Teed & Brown Holdings LLC
—
Deed
related
$400,000 · Connecticut Community Bank NA
Jan 11, 2022
—
Teed&brown Holdings LLC
—
Deed
related
$2,460,527 · Connecticut Community Bank NA
Jan 10, 2022
—
Teed&brown Holdings LLC
—
Deed
related
$2,460,527 · Connecticut Community Bank NA
Sep 30, 2019
$1,500,000
Teed&brown Holdings LLC
Bethel Trowbridge LLC
Warranty Deed
$1,396,600 · Wells Fargo Bank NA
Jan 16, 2013
—
Bethel Trowbridge LLC
—
Deed Of Trust
related
$1,324,000 · Ffld County Bank Corp
Jun 20, 2008
$1,200,000
Bethel Trowbridge
Cheyenne Co
Warranty Deed
$1,120,000 · Peoples 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.
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