Technical
Financial
Distress signals
Property profile

425 New Britain Ave Newington, CT 06111

OFF-MARKET
Retail space
Property ID
US15-0989433
3,780 SF 0.33 ac lot Built 2005
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,780 SF
Lot 0.33 ac (14,375 SF)
Zoning code B
APN NEWI M:21 B:444 L:0
UPID US15-0989433

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
  • Tattoo & Piercing Shop
  • Tattoo & Piercing Shop
  • Restaurant
  • Nail Salon

Location

425 New Britain Ave Newington, CT 06111-4300
Newington metro Census 494201 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2011
7 recorded transactions
2011
$1
2011
Price N/A
2009
Price N/A
2007
Price N/A
2005
Price N/A
2005
Price N/A
2004
$150,000

Zoning & alternative use

B · Newington, CT
Zoning description

Planned Business Zone (PD), Business Zone (B) and Industrial Zone (I), or the special requirements of this Section. This is not intended to prohibit any use otherwise permitted in the PD, B and I zones. Rather, its purpo…

General category COMMERCIAL

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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