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    Property profile & analytics

    311 Broad St Bristol, CT 06010-6665

    • Retail properties
    • 4,000 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US15-0350616
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Scarritt Spas & Pools / Hot Tub Store / Hot Tub Repair Service

    Property Details for 311 Broad St

    Year built
    1989
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.62 lot acres
    Property size
    4,000 SF
    Zone code
    I
    Property type
    Retail properties
    APN
    BRIS M:40 L:36A
    APU
    BRISM40L36A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $320,000
      6.5%
      $350,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $365,000
      Mixed-Use
      $380,000
      Hospitality
      $345,000
      Educational
      $375,000
      Residential Income
      $330,000
      Energy
      $385,000
      Income-Based Land
      $385,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.9086
    Latitude
    41.6718
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,150
    $89,110
    $179,410
    $268,520
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,612 SF

      454 Farmington Ave

      Restaurants • 2,612 SF
      454 Farmington Ave, Bristol, CT 06010
      View Details
    • Value Estimation
      $250,000
      1,411 SF

      674 Farmington Ave

      DEPARTMENT STORE • 1,411 SF
      674 Farmington Ave, Bristol, CT 06010-3912
      View Details
    • Value Estimation
      $230,000
      3,146 SF

      117 Broad St

      DEPARTMENT STORE • 3,146 SF
      117 Broad St, Bristol, CT 06010-7067
      View Details
    • Value Estimation
      $230,000
      4,800 SF

      103 Central St

      DEPARTMENT STORE • 4,800 SF
      103 Central St, Bristol, CT 06010
      View Details
    • Value Estimation
      $1,835,000
      25,664 SF

      350 Divinity St

      DEPARTMENT STORE • 25,664 SF
      350 Divinity St, Bristol, CT 06010-6054
      View Details
    • Value Estimation
      $410,000
      5,275 SF

      720 Farmington Ave

      DEPARTMENT STORE • 5,275 SF
      720 Farmington Ave, Bristol, CT 06010-3914
      View Details

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    Similar Nearby for Lease

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      Retail space in high-traffic downtown area with potential.
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    311 Broad St
    Bristol, CT 06010-6665
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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