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Property profile & analytics
OFF-MARKET
Showrooms
35 Ct St New Britain, CT 06051-2211
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-0372373
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,850 SF
Lot
0.12 ac (5,227 SF)
Zoning code
CBD
APN
NBRI M:C8B B:82
UPID
US15-0372373
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
-
Miller, Moriarty & Company, LLC Accounting Firm
-
Miller John E CPA Accounting Firm Tax Preparation
-
Miller Frank R CPA Accounting Firm Tax Preparation
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
Frank R Miller · 2 yrs held
Frank R Miller
since 2023
Last sale
$330,000
6 recorded transactions
Zoning & alternative use
CBD · New Britain, 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 New Britain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Britain 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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,940
Tax year 2024
Assessed value
$200,550
Assessed 2024
Previous assessed
$200,550
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$37,380
Assessed improvement
$163,170
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
2
Total area
5,850 SF
Lot
0.12 ac (5,227 SF)
Zoning code
CBD
APN
NBRI M:C8B B:82
UPID
US15-0372373
Jurisdiction
NEW BRITAIN
Zoning & alternative use
CBD · New Britain, CT
Zoning CBD · permitted uses
CBD · New Britain, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Britain. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Frank R Miller
Individual
Mailing address
401 FLANDERS RD, SOUTHINGTON, CT 06489-1300
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Oct 13, 2023
—
Frank R Miller
Frm Realty LLC
Quit Claim Deed
related
—
Feb 18, 2022
—
Frm Realty LLC
Frank R Miller
Quit Claim Deed
related
—
Jan 14, 2013
—
Frank R Miller
—
Deed Of Trust
related
$125,000 · Farmington Savings Bank
Jan 4, 2012
—
Frank R Miller
—
Deed Of Trust
related
$75,000 · Webster Bank
Feb 5, 1993
$330,000
Frank R Miller
Pollowitz,david I
Warranty Deed
$330,000 · Zenon Grzybowski
Jul 18, 1988
—
David I Pollowitz
—
Deed Of Trust
related
$50,686 · Peoples Bk New Britan
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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