Property profile

45 Burritt St New Britain, CT 06053

OFF-MARKET
Industrial properties
Property ID
US15-1076468
18,940 SF 0.94 ac lot Built 1948
Entity Owned 14-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1948
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 18,940 SF
Lot 0.94 ac (40,948 SF)
Zoning code I2
APN NBRI M:D6C B:26
UPID US15-1076468

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
  • Industrial Manufacturer
  • Interior Design Home Decor Store
  • (Bike/Boat/Book/etc) Store Florist

Location

45 Burritt St New Britain, CT 06053-4003
New Britain metro Census 415900 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
$612k
Blend (final) Blend
$435k

Owner & transaction history

since 2012
7 recorded transactions
2012
$340,000
2007
$500,000
2007
Price N/A
2006
Price N/A
2006
$638,000
2006
Price N/A
1989
$450,000

Zoning & alternative use

I2 · New Britain, CT
Zoning description

An amendment to update the requirements of the I-2 (General Industry) Zoning District. [Sections 200-10-1; 200-20-90; 200-30-10; 230-10-10; 230- 20-40; 230-20-50; 230-50-10; 230-50-20; 230-50-30; 230-110; 240-60-30; 240-…

General category INDUSTRIAL

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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