Property profile

487 Main St New Britain, CT 06051

OFF-MARKET
Investment properties
Property ID
US15-1185010
0.39 ac lot
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.39 ac (16,988 SF)
Zoning code B1
APN NBRI M:C10D B:25
UPID US15-1185010

Cap rate & NOI

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

Location

487 Main St New Britain, CT 06051-3528
New Britain metro Census 415600 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$155k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2022
Last sale
$160,000
7 recorded transactions
2022
Price N/A
2016
Price N/A
2013
$160,000
2011
$120,000
2007
$31,651
2006
$1
2003
Price N/A

Zoning & alternative use

B1 · New Britain, CT
Zoning description

SRD District (Special Residential District). [Approved 2-22-85, Item #16617-1] RO District (Residence & Office). [Approved 2-21-86, Item #17164-1] 50-10-20 Business Districts. OP District (office and public buildings). B…

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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