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Property profile & analytics
FOR LEASE
Industrial properties
575 Broad St Bristol, CT 06010
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US15-0177882
For Lease
1 / 2
$3,215,000
575 Broad St, Bristol, CT 06010
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1915
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
69,798 SF
Lot
14 ac (609,840 SF)
Zoning code
I / BG
APN
BRIS M:39 L:72
UPID
US15-0177882
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
-
Sneek Ent Nightclub Music Venue
-
DJ sneek Nightclub Music Venue
-
The Roofers LLC Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.38M
Blend (final)
Blend
$3.22M
Owner & transaction history
Bristol Nyceb LLC · 1 yrs held
Bristol Nyceb LLC
since 2025
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
I / BG · Bristol, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Bristol submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bristol 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
Method
Estimation
Statistic approach
$3,620,000
ML approach
$3,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,380,000
Current use
WAREHOUSE, STORAGE
$3,895,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$3.22M
Range $2.89M – $3.54M · ±10% · vs last sale $3.00M (Jun 29 2021)
Last sale anchor
$3.00M
Jun 29 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$46 / SF
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
$66,760
Tax year 2023
Assessed value
$2,199,680
Assessed 2023
Previous assessed
$2,199,680
+0.0% YoY
Effective rate
3.03%
On assessed value
Assessed land
$384,930
Assessed improvement
$1,814,750
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1915
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Buildings
4
Stories
2
Units
3
Total area
69,798 SF
Lot
14 ac (609,840 SF)
Zoning code
I / BG
APN
BRIS M:39 L:72
UPID
US15-0177882
Jurisdiction
BRISTOL
Zoning & alternative use
I / BG · Bristol, CT
Zoning I / BG · permitted uses
I / BG · Bristol, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bristol. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.4M
WAREHOUSE, STORAGE
Est. value
$3.9M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1915
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
2
Buildings
4
Units
3
Lot
14 ac
Current owner
From public records · entity-resolved
Bristol Nyceb LLC
Entity
Mailing address
170 RODNEY ST, BROOKLYN, NY 11211-7722
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2025
—
Bristol Nyceb LLC
—
Deed
related
$7,600,000 · 550 Broad Funding LP
Feb 24, 2025
—
Bristol Nyceb LLC
575 Broad LLC
Warranty Deed
$2,500,000 · Tfg Holdings Ny LLC
Jan 22, 2024
—
550 Broad LLC
—
Deed
related
$500,000 · Yitty Lliovits
Aug 2, 2022
—
550 Broad LLC
—
Deed
related
$600,000 · Prospect Pl Cap LLC
Dec 20, 2021
—
550 Broad LLC
—
Deed
related
$2,900,000 · Mw Lending LLC
Sep 21, 2021
—
550 Broad LLC
—
Deed
related
$750,000 · East Willi Cap LLC
Jun 29, 2021
$3,000,000
575 Broad LLC
Gaskie Leasing Co
Warranty Deed
$775,000 · East Willi Cap LLC
Feb 9, 2011
$225,000
Kevin Sawe
Dziekan,theodore W
Warranty Deed
—
Oct 20, 1988
—
Richard C Armington
—
Deed Of Trust
related
$114,790 · Ct Natl Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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