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    Property profile & analytics

    363 New Britain Rd, Unit A Berlin, CT 06037-1318

    • Office Properties & Spaces
    • 1,904 SF
    OFF-MARKET
    Value Estimation
    $115,000
    Last Sale
    Nov 23, 2022
    $102,000
    Location Intelligence
    Property ID
    US15-1057042
    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

    • Lotus Moon Reiki Energy Healing / Reiki Therapist
    • Osborne Counseling Service / Mental Health Service

    Property Details for 363 New Britain Rd

    Year built
    1990
    Construction
    FRAME
    Property size
    1,904 SF
    Zone code
    CCD-1
    Property type
    Office Properties & Spaces
    APN
    BERL M:9-1 B:28 L:23 U:6A
    APU
    BERLM91B28L23U6A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $100,000

    • CAP approach

      CAP return
      Estimation
      6%
      $150,000
      6.5%
      $140,000
      7%
      $150,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $145,000
      Geo Method
      $130,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $170,000
      Retail
      $135,000
      Mixed-Use
      $130,000
      Hospitality
      $145,000
      Educational
      $165,000
      Residential Income
      $155,000
      Energy
      $150,000
      Income-Based Land
      $150,000
      Food Service
      $160,000

    Location Insight

    • Map
    • Local Demand
    City
    Berlin
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7689
    Latitude
    41.6386
    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
    $3,000
    $0.00
    $101,500
    $101,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $65,000
      1,119 SF

      211 New Britain Rd Ste, Unit 205

      CONDOMINIUM OFFICES • 1,119 SF
      211 New Britain Rd Ste, Berlin, CT 06037-3168
      View Details
    • Value Estimation
      $135,000
      1,500 SF

      369 New Britain Rd Ste B

      CONDOMINIUM OFFICES • 1,500 SF
      369 New Britain Rd Ste B, Berlin, CT 06037-1351
      View Details
    • Value Estimation
      $200,000
      743 SF

      211 New Britain Rd Ste, Unit 105

      CONDOMINIUM OFFICES • 743 SF
      211 New Britain Rd Ste, Berlin, CT 06037-3167
      View Details
    • Value Estimation
      $250,000
      1,210 SF

      211 New Britain Rd Ste, Unit 106

      CONDOMINIUM OFFICES • 1,210 SF
      211 New Britain Rd Ste, Berlin, CT 06037-3167
      View Details
    • Value Estimation
      $240,000
      1,000 SF

      953 Farmington Ave

      CONDOMINIUM OFFICES • 1,000 SF
      953 Farmington Ave, Berlin, CT 06037-2218
      View Details
    • Value Estimation
      $255,000
      850 SF

      967 Farmington Ave

      CONDOMINIUM OFFICES • 850 SF
      967 Farmington Ave, Berlin, CT 06037-2218
      View Details

    Similar Nearby for Sale

    • $2,700,000
      30,120 SF

      30,120 SF Two Office Buildings on 1.87 AC

      30,120 SF Two Office Buildings on 1.87 AC
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      Renovated Office Condo in Berlin

      Fully renovated 1,908 SF office condo for sale.
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    • $315,000
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      4 Burnham St, Berlin, CT 06037
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      4.8 Acres of Agricultural Land

      4.8 acres of land zoned POD, permitted for agriculture.
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    Similar Nearby for Lease

    • Contact for pricing
      30,120 SF

      Prime Berlin Office & Land Investment

      Spacious Office Building, 1.87 Acres
      259-279 New Britain Rd, Berlin, CT 06037
      View Details
    • $5 SF/Yr
      126,727 SF

      128 Old Brickyard Ln

      Distribution properties • 126,727 SF
      128 Old Brickyard Ln, Berlin, CT 06037
      View Details
    • $1,600 /Mo
      1,160 SF

      Berlin Office Space For Lease

      First-floor office space with private offices, reception, and parking.
      979 Farmington Ave, Berlin, CT 06037
      View Details
    • $2,025 /Mo
      2,400 SF

      Medical Office Space For Rent

      2400+ sqft medical space in a brick building.
      320 New Britain Rd, Berlin, CT 06037
      View Details
    • $2,000 /Mo
      1,360 SF

      Berlin Turnpike Office Space Available

      Versatile office space for rent on the Berlin Turnpike.
      1436 Berlin Tpke, Berlin, CT 06037
      View Details
    • $13 SF/Yr

      Professional Office Space in Berlin

      5,000 SF office space available for sublease.
      259 New Britain Rd, Berlin, CT 06037
      View Details
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    363 New Britain Rd, Unit A
    Berlin, CT 06037-1318
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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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