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Property profile & analytics
FOR LEASE
Office buildings
751 Farmington Ave Bristol, CT 06010
Entity Owned
24-yr Hold
~
Est. High Equity
Property ID
US15-0847279
For Lease
1 / 3
$3,400/Mo
751 Farmington Ave, Bristol, CT 06010
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
FRAME
Total area
5,732 SF
Lot
0.31 ac (13,504 SF)
Zoning code
BG
APN
BRIS M:53 L:15-0047228
UPID
US15-0847279
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
-
Dr. Amy Himmelstein Physician
-
Adams Samartino & Co PC Accounting Firm Tax Preparation
-
Michael J. Samartino, CPA Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$508k
Blend (final)
Blend
$525k
Owner & transaction history
Ave Rlty LLC · 24 yrs held
Ave Rlty LLC
since 2002
3 recorded transactions
Zoning & alternative use
BG · Bristol, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$695,000
+10.3%
Retail stores
$660,000
+4.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$630,000
Current use
COMMERCIAL (GENERAL)
$695,000
Change: +10% · Conversion: Easy
RETAIL STORES
$660,000
Change: +4% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$595,000
Change: -5% · Conversion: Easy
AUTO REPAIR, GARAGE
$575,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10%
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
$92 / 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
$12,707
Tax year 2023
Assessed value
$418,670
Assessed 2023
Previous assessed
$418,670
+0.0% YoY
Effective rate
3.04%
On assessed value
Assessed land
$111,790
Assessed improvement
$306,880
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
For Lease
Year built
1987
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Total area
5,732 SF
Lot
0.31 ac (13,504 SF)
Zoning code
BG
APN
BRIS M:53 L:15-0047228
UPID
US15-0847279
Jurisdiction
BRISTOL
Zoning & alternative use
BG · Bristol, CT
Zoning BG · permitted uses
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
OFFICE BUILDING Current
Est. value
$630,000
COMMERCIAL (GENERAL)
Est. value
$695,000
RETAIL STORES
Est. value
$660,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$595,000
AUTO REPAIR, GARAGE
Est. value
$575,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1987
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Ave Rlty LLC
Entity
Mailing address
751 PO BOX 273RD AVE, BRISTOL, CT 06011-0273
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2002
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
Feb 22, 2002
—
Ave Rlty LLC
—
Deed Of Trust
related
$100,000 · John J Valigorsky
Jun 16, 1993
—
Ave Realty Prtnsp
—
Deed Of Trust
related
$300,000 · Bristol Savings Bank
Mar 9, 1992
—
Ave Realty Prntsp
—
Deed Of Trust
related
$100,000 · Zwi Kohorn
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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