Property profile

401 Berlin St East Berlin, CT 06023

OFF-MARKET
Industrial properties
Property ID
US15-1059528
16,161 SF 17.92 ac lot
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 16,161 SF
Lot 17.92 ac (780,595 SF)
Zoning code PI
APN BERL M:17-2 B:133 L:10
UPID US15-1059528

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Production Facility

Location

401 Berlin St East Berlin, CT 06023-1127
East Berlin metro Census 400101 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$1.06M

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Zoning & alternative use

PI · East Berlin, CT
Top alternative use upside
Auto repair, garage $1.6M +44.7%
Commercial (general) $1.5M +36.4%
Apartment house (5+ units) $1.5M +32.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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