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Property profile & analytics
OFF-MARKET
Office buildings
526 New Britain Rd Berlin, CT 06037-2151
Entity Owned
6-yr Hold
Free & Clear
Property ID
US15-0384569
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1872
Construction
FRAME
Total area
1,493 SF
Lot
0.22 ac (9,583 SF)
Zoning code
CCD-2
APN
BERL M:9-1 B:47 L:6
UPID
US15-0384569
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
-
Get Teased - Sue DAlfonso Hair Salon
-
Hannah’s Hair Affair Hair Salon
-
Stephanie and Company Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Scheyd Realty Hldgs · 6 yrs held
Scheyd Realty Hldgs
since 2020
Last sale
$225,000
3 recorded transactions
Zoning & alternative use
CCD-2 · Berlin, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Commercial Core District 2
General category
COMMERCIAL
Zone area
168.32 ac
Source
Realmo
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 Berlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berlin 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,372
Tax year 2023
Assessed value
$147,900
Assessed 2023
Previous assessed
$147,900
+0.0% YoY
Effective rate
2.96%
On assessed value
Assessed land
$67,600
Assessed improvement
$80,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1872
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
2
Rooms
7
Bathrooms
2
Total area
1,493 SF
Lot
0.22 ac (9,583 SF)
Zoning code
CCD-2
APN
BERL M:9-1 B:47 L:6
UPID
US15-0384569
Jurisdiction
BERLIN
Zoning & alternative use
CCD-2 · Berlin, CTZoning CCD-2 · permitted uses
CCD-2 · Berlin, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Commercial Core District 2
General category
COMMERCIAL
Zone area
168.32 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1872
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
7
Bathrooms
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Scheyd Realty Hldgs
Entity
Free & Clear · 6 yrs held
Mailing address
532 NEW BRITAIN RD, KENSINGTON, CT 06037-2151
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2020
—
Scheyd Realty Hldgs
Ew Realty LLC
Quit Claim Deed
related
—
Jan 22, 2020
$225,000
Bpj Assocs LLC
Joseph F Scheyd
Warranty Deed
$112,500 · Joseph F Scheyd
Jan 21, 1987
—
Joseph Scheyd
—
Deed Of Trust
related
$75,000 · Connecticut Bank & Trust
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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