Property profile

48 Grand St New Britain, CT 06052

OFF-MARKET
Commercial land
Property ID
US15-0738079
0.18 ac lot
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.18 ac (7,841 SF)
Zoning code A3
APN NBRI M:C8C B:116
UPID US15-0738079

Cap rate & NOI

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

Location

48 Grand St New Britain, CT 06052
New Britain metro Census 415700 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2015
2 recorded transactions
2015
$8.9M
2008
$1

Zoning & alternative use

A3 · New Britain, CT
Zoning description

25 feet, and a minimum clear height of 14 feet. The related aisle shall have the same minimum width and clear height. [Approved 3-28-08, Item #29947-2] 240-70-80 Except in the B-1R and the S1, S2, S3, T, T-6, A1, A2 and…

General category UNKNOWN

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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