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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Office buildings
365 New Britain Rd Berlin, CT 06037-1366
Entity Owned
2-yr Hold
Free & Clear
Property ID
US15-0944296
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,000 SF
Lot
0.72 ac (31,363 SF)
Zoning code
CCD-1
APN
BERL M:9-1 B:28 L:23X
UPID
US15-0944296
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
-
Commercial Roofing Systems, LLC. Roofing Company General Contractor
-
Conn State Council-Machinists Advocacy Group
-
Computer Express LLC Tech Support Center IT Consulting Firm
-
Iam Advocacy Group
-
International Associates Advocacy Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$566k
Blend (final)
Blend
$595k
Owner & transaction history
Dattt Investments LLC · 2 yrs held
Dattt Investments LLC
since 2024
4 recorded transactions
Zoning & alternative use
CCD-1 · Berlin, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Commercial Core District 1
General category
COMMERCIAL
Zone area
105.45 ac
Source
Realmo
Top alternative use upside
Retail stores
$920,000
+4.4%
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
OFFICE BUILDING
$880,000
Current use
RETAIL STORES
$920,000
Change: +4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$800,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$755,000
Change: -14% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$735,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$595k
Range $536k – $655k · ±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
$74 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$10,383
Tax year 2024
Assessed value
$343,700
Assessed 2024
Previous assessed
$343,700
+0.0% YoY
Effective rate
3.02%
On assessed value
Assessed land
$97,900
Assessed improvement
$245,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
6
Total area
8,000 SF
Lot
0.72 ac (31,363 SF)
Zoning code
CCD-1
APN
BERL M:9-1 B:28 L:23X
UPID
US15-0944296
Jurisdiction
BERLIN
Zoning & alternative use
CCD-1 · Berlin, CTZoning CCD-1 · permitted uses
CCD-1 · Berlin, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Commercial Core District 1
General category
COMMERCIAL
Zone area
105.45 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$880,000
RETAIL STORES
Est. value
$920,000
AUTO REPAIR, GARAGE
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$755,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$735,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
6
Lot
0.72 ac
Current owner
From public records · entity-resolved
Dattt Investments LLC
Entity
Free & Clear · 2 yrs held
Mailing address
365 NEW BRITAIN RD, BERLIN, CT 06037-1366
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2026
—
Dattt Investments LLC
—
Deed
related
$1,175,000 · Xanadu Management LLC
May 16, 2024
—
Dattt Investments LLC
Coccomo II LLC
Quit Claim Deed
related
—
Apr 6, 2017
$225,000
Coccomo 2 LLC
District Lodge 26 Iamaw
Warranty Deed
$250,000 · Rcn Cap
Jul 30, 2015
—
District Lodge 26 Iamaw
Local Lodge 1433 Iamaw
Quit Claim Deed
related
—
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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