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Property profile & analytics
OFF-MARKET
Industrial properties
623 Main St New Britain, CT 06051-2032
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US15-0723187
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,634 SF
Lot
0.35 ac (15,246 SF)
Zoning code
TOD-EM
APN
NBRI M:B7D B:142
UPID
US15-0723187
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
-
Westbrook Products Industrial Manufacturer
-
Plaut HS Environmental Co Environmental Consultant
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
623 E Main St LLC · 14 yrs held
623 E Main St LLC
since 2012
4 recorded transactions
Zoning & alternative use
TOD-EM · New Britain, 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 New Britain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Britain 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
$8,173
Tax year 2023
Assessed value
$213,500
Assessed 2023
Previous assessed
$213,500
+0.0% YoY
Effective rate
3.83%
On assessed value
Assessed land
$32,690
Assessed improvement
$180,810
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
Off-Market
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
1
Stories
2
Units
2
Rooms
2
Total area
17,634 SF
Lot
0.35 ac (15,246 SF)
Zoning code
TOD-EM
APN
NBRI M:B7D B:142
UPID
US15-0723187
Jurisdiction
NEW BRITAIN
Zoning & alternative use
TOD-EM · New Britain, CT
Zoning TOD-EM · permitted uses
TOD-EM · New Britain, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Britain. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Buildings
1
Units
2
Rooms
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
623 E Main St LLC
Entity
Mailing address
623 E MAIN ST, NEW BRITAIN, CT 06051-2032
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2012
$165,000
623 E Main St LLC
Plaut,harry S
Warranty Deed
$100,000 · George Marcello
Jun 30, 2004
$190,000
Harry S Plaut
Marcello,george J
Warranty Deed
$190,000 · Zenon Grzybowski
Mar 12, 1993
—
George J Marcello
—
Deed Of Trust
related
$119,800 · Sofio J Failla
Jul 27, 1988
$280,000
George J Marcello
Failla,sofio J
Grant Deed
$140,000 · Zenon Grzybowski
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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