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    Property profile & analytics

    672 Arch St New Britain, CT 06051-3339

    • Showrooms
    • 9,212 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimation
    $715,000
    Last Sale
    Jun 23, 2021
    $700,000
    Location Intelligence
    Property ID
    US15-1064310
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Taste of Jamaica / Jamaican Restaurant

    Property Details for 672 Arch St

    Year built
    1966
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.53 lot acres
    Property size
    9,212 SF
    Zone code
    B3
    Property type
    Showrooms
    APN
    NBRI M:D8D B:39
    APU
    NBRIMD8DB39

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $685,000

    • CAP approach

      CAP return
      Estimation
      6%
      $630,000
      6.5%
      $725,000
      7%
      $700,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $815,000
      Geo Method
      $775,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $605,000
      Retail
      $555,000
      Mixed-Use
      $635,000
      Hospitality
      $710,000
      Educational
      $645,000
      Residential Income
      $635,000
      Energy
      $545,000
      Income-Based Land
      $725,000
      Food Service
      $715,000

    Location Insight

    • Map
    • Local Demand
    City
    New Britain
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7852
    Latitude
    41.6551
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $20,469
    $40,810
    $476,210
    $517,020
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      54,919 SF

      222 Main St

      SHOW ROOM, WAREHOUSE • 54,919 SF
      222 Main St, New Britain, CT 06051-2225
      View Details
    • Value Estimation by Request
      55,302 SF

      67 Main St

      SHOW ROOM, WAREHOUSE • 55,302 SF
      67 Main St, New Britain, CT 06051-2266
      View Details
    • Value Estimation by Request
      32,332 SF

      51 Main St

      SHOW ROOM, WAREHOUSE • 32,332 SF
      51 Main St, New Britain, CT 06051-2214
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    • Value Estimation by Request
      4,200 SF

      165 Main St

      SHOW ROOM, WAREHOUSE • 4,200 SF
      165 Main St, New Britain, CT 06051-1914
      View Details
    • Value Estimation
      $840,000
      71,682 SF

      600 Ee St

      SHOW ROOM, WAREHOUSE • 71,682 SF
      600 Ee St, New Britain, CT 06051-2132
      View Details
    • Value Estimation
      $90,000
      1,647 SF

      625 Arch St

      SHOW ROOM, WAREHOUSE • 1,647 SF
      625 Arch St, New Britain, CT 06051-3342
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      5,392 SF

      Retail Space in New Britain

      5,392 SF retail space for lease.
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      View Details
    • $1,600 /Mo

      Mixed-Use Property in New Britain

      Versatile space with high traffic and private parking available for rent.
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    • $14 SF/Yr
      2,000 SF

      Prime New Britain Retail Space

      2000 sq ft storefront, high traffic location
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    • Contact for pricing
      10,000 SF

      Retail Space in Busy Center

      Retail space available in a busy community shopping center.
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      View Details
    • $1,000 /Mo
      300 SF

      300 SF Retail/Office Space

      Retail or office space in the heart of Little Poland.
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    • Contact for pricing
      1,700 SF

      Retail Pad Site Available

      Available retail pad site in busy community shopping center.
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      View Details

    Property Visit Statistics

    • Visits by month
      2.9k
    • Visitors by month
      1.6k
    • Avg Time on site
      13 min
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    672 Arch St
    New Britain, CT 06051-3339
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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