Entity Owned Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1966
Construction
STEEL FRAME
Total area
74,485 SF
Lot
2.23 ac (97,139 SF)
Zoning code
OP
APN
NBRI M:C8C B:4
UPID
US15-0619631
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Nursing Home
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.65M
Blend (final)
Blend
$4.32M
Owner & transaction history
since 2026
7 recorded transactions
Zoning & alternative use
OP · New Britain, CT
Zoning description
In the RO, OP, B-1R and B-3 Districts, an accessory off-street parking area shall not be placed within a required front yard, but it may be placed within a required rear yard or side yard with approved screening pursuant…
General category
UNKNOWN
Top alternative use upside
Apartment house (5+ units)
$6.9M
+43.8%
Industrial (general)
$5.2M
+7.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.32M
Value range
$3.88M – $4.75M
±10% around blend
Estimated value / SF
$58 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
30
$3.88M
blend $4.32M
$4.75M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
74,485 SF
Lot area
2.23 ac
Year built
1966
Stories
2
APN
NBRI M:C8C B:4
Zoning
OP
Assessed value
$4,052,860
Annual tax
$155,143
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$14.41M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.2 mi away · 64,609 SF
12.6 mi away · 54,044 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.32M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 117 sales
$65
-11%
County 933 sales
$95
-39%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $58/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+44%
vs current-use indication
Industrial (general)
Commercial (general) · current use
Warehouse, Storage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.05M
Move the market yield to see immediate price impact.
Value / SF
$54
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$255k
$5.11M
$3.65M
$2.84M
$284k
$5.67M
$4.05M
$3.15M
$312k
$6.24M
$4.46M
$3.47M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$43.97M
7.4 mi · Dec 2025 · $783/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$155,143
Tax year 2023
Assessed value
$4,052,860
Assessed 2023
Previous assessed
$4,052,860
+0.0% YoY
Effective rate
3.83%
On assessed value
Assessed land
$789,250
Assessed improvement
$3,263,610
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1966
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
1
Stories
2
Units
180
Rooms
2
Total area
74,485 SF
Lot
2.23 ac (97,139 SF)
Zoning code
OP
APN
NBRI M:C8C B:4
UPID
US15-0619631
Jurisdiction
NEW BRITAIN
Zoning & alternative use
OP · New Britain, CTZoning OP · permitted uses
OP · New Britain, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
In the RO, OP, B-1R and B-3 Districts, an accessory off-street parking area shall not be placed within a required front yard, but it may be placed within a required rear yard or side yard with approved screening pursuant…
General category
UNKNOWN
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Units
180
Rooms
2
Lot
2.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
OP
UNKNOWN
Jurisdiction
New Britain, CT
Recorded code
OP
Official district
OP
Official district profile
What the municipal code says about OP
Zoning description
In the RO, OP, B-1R and B-3 Districts, an accessory off-street parking area shall not be placed within a required front yard, but it may be placed within a required rear yard or side yard with approved screening pursuant…
General category
UNKNOWN
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OP in New Britain, CT.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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