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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Industrial properties
45 Burritt St New Britain, CT 06053-4003
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US15-1076468
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Varsk Machine LLC Industrial Manufacturer
-
New Leaf Interiors Inc Interior Design Home Decor Store
-
New Leaf Florist (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$435k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$612k
Blend (final)
Blend
$600k
Owner & transaction history
Warszawik LLC · 14 yrs held
Warszawik LLC
since 2012
7 recorded transactions
Zoning & alternative use
I2 · New Britain, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 New Britain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Britain 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
$435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$32 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$19,159
Tax year 2023
Assessed value
$500,500
Assessed 2023
Previous assessed
$500,500
+0.0% YoY
Effective rate
3.83%
On assessed value
Assessed land
$149,170
Assessed improvement
$351,330
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
1
Stories
1
Units
2
Rooms
2
Total area
18,940 SF
Lot
0.94 ac (40,948 SF)
Zoning code
I2
APN
NBRI M:D6C B:26
UPID
US15-1076468
Jurisdiction
NEW BRITAIN
Zoning & alternative use
I2 · New Britain, CT
Zoning I2 · permitted uses
I2 · New Britain, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Britain. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Units
2
Rooms
2
Lot
0.94 ac
Current owner
From public records · entity-resolved
Warszawik LLC
Entity
Mailing address
45 BURRITT ST, NEW BRITAIN, CT 06053-4003
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2012
$340,000
Warszawik LLC
Vlj LLC
Warranty Deed
$272,000 · Webster Bank
Jun 4, 2007
$500,000
Vlj LLC
45 Burritt Street LLC
Warranty Deed
$450,000 · Commerce Bank NA
Jun 4, 2007
—
Vlj LLC
—
Deed Of Trust
related
$209,000 · Ct Development Auth
Sep 25, 2006
—
45 Burritt Street LLC
—
Deed Of Trust
related
$295,000 · Liberty Bank
May 9, 2006
$638,000
45 Burritt Street LLC
Spring & Buckley INC
Warranty Deed
—
Feb 2, 2006
—
Spring & Buckley INC
—
Deed Of Trust
related
$183,918 · Liberty Bank
Mar 14, 1989
$450,000
45-46 Burritt Mgmt Co
Carcare Center LP
Grant Deed
$675,000 · Zenon Grzybowski
Feb 18, 1987
—
Spring Buckley INC
—
Deed Of Trust
related
$500,000 · Ct Natl Bk
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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