Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    463 Wolcott Rd Bristol, CT 06010

    • Investment properties
    • 1,703 SF
    • 119.10 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US15-0605503
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 463 Wolcott Rd

    Year built
    1922
    Construction
    FRAME
    Lot size
    119.10 lot acres
    Property size
    1,703 SF
    Zone code
    R-40
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    BRIS M:07 B:47-9A1 L:9A2-9A4
    APU
    BRISM07B479A1L9A29A4

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.9593
    Latitude
    41.6501
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $67,619
    $124,250
    $2,103,710
    $2,227,960
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $730,000
      5,525 SF

      339 Ww St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,525 SF
      339 Ww St, Bristol, CT 06010-4910
      View Details
    • Value Estimation by Request
      6,053 SF

      159 Park St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,053 SF
      159 Park St, Bristol, CT 06010-6052
      View Details
    • Value Estimation by Request
      3,568 SF

      334 Ww St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,568 SF
      334 Ww St, Bristol, CT 06010-4909
      View Details
    • Value Estimation by Request
      876 SF

      162 Park St

      OFFICE/RESIDENTIAL (MIXED USE) • 876 SF
      162 Park St, Bristol, CT 06010-6055
      View Details
    • Value Estimation
      $1,625,000
      12,892 SF

      200 Blakeslee St

      OFFICE/RESIDENTIAL (MIXED USE) • 12,892 SF
      200 Blakeslee St, Bristol, CT 06010-6338
      View Details
    • Value Estimation by Request
      0.25 Acres

      59 Stafford Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.25 Acres
      59 Stafford Ave, Bristol, CT 06010-4605
      View Details

    Similar Nearby for Sale

    • New
      $225,000
      1,169 SF

      Bristol Commercial Property on Route 6

      Mixed-use property on Route 6, ideal for business or home/office.
      941 Farmington Ave, Bristol, CT 06010
      View Details
    • $429,000

      Mixed-Use Property with Parking

      Mixed-use property suitable for residential or home/business use.
      211 West St, Bristol, CT 06010
      View Details
    • $790,000
      Pending

      Mixed-Use Property with Redevelopment Potential

      Mixed-use property featuring residential units and an office building.
      160 Wolcott St, Bristol, CT 06010
      View Details
    • $595,000
      6,425 SF

      Bristol Retail Plaza Investment Opportunity

      High-Visibility Retail Center, Value-Add Potential
      150 Central St, Bristol, CT 06010
      View Details
    • $299,900
      Pending

      Mixed-Use Investment Opportunity

      Multifamily with storefront in Bristol's heart, great investment potential.
      143 Divinity St, Bristol, CT 06010
      View Details
    • $400,000
      Pending

      Development Opportunity in Bristol, CT

      Single-family home with potential for mixed-use development.
      93 South St, Bristol, CT 06010
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,960 SF

      Prime Bristol Office Space

      ±5,480 SF Office, Downtown Bristol
      4 Riverside Ave, Bristol, CT 06010
      View Details
    • Contact for pricing
      225,000 SF

      Industrial/Flex/Office Space Available

      Up to 225,000 SF of industrial/flex/office space for rent.
      285 Middle St, Bristol, CT 06010
      View Details
    • $4 SF/Yr
      70,000 SF

      Renovated Industrial Space Available

      70,000+/- SF industrial space for lease in Bristol, CT.
      575 Broad St, Bristol, CT 06010
      View Details
    • Contact for pricing
      3,829 SF

      Bristol Plaza Retail Space Available

      Retail space for lease in Bristol Plaza Shopping Center.
      594 Farmington Ave, Bristol, CT 06010
      View Details
    • $1,500 /Mo

      Remodeled Unit in Federal Hill

      Spacious, remodeled unit in historic Federal Hill neighborhood.
      42 Oakland St, Bristol, CT 06010
      View Details
    • $1,400 /Mo

      Central Street Multifamily Rental

      Multifamily property available for rent on Central Street.
      116 Central St, Bristol, CT 06010
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    463 Wolcott Rd
    Bristol, CT 06010
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.