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Property profile & analytics
FOR LEASE
Showrooms
850 Main St Bridgeport, CT 06604
Entity Owned
13-yr Hold
Free & Clear
Property ID
US15-0191392
For Lease
1 / 2
$26 SF/Yr
850 Main St, Bridgeport, CT 06604
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1988
Construction
STEEL FRAME
Total area
497,430 SF
Lot
4.16 ac (181,210 SF)
Zoning code
DCB
APN
BRID M:28 B:939 L:1-K
UPID
US15-0191392
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
-
Amy Gildea Loan Service Bank
-
Pullman & Comley, LLC Law Firm
-
Adam J. Cohen Law Firm
-
Maxwell Thomas F Jr Law Firm
-
Goldman Irve J Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$61.05M
Blend (final)
Blend
$56.24M
Owner & transaction history
Health Care Holding Ct · 13 yrs held
Health Care Holding Ct
since 2013
2 recorded transactions
Zoning & alternative use
DCB · Bridgeport, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$92.5M
+54.3%
Office building
$60.0M
+0.1%
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 Bridgeport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bridgeport 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
COMMERCIAL (GENERAL)
$59,900,000
Current use
RETAIL STORES
$92,450,000
Change: +54% · Conversion: Easy
OFFICE BUILDING
$59,960,000
Change: +0% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$55,390,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$56.24M
Range $50.61M – $61.86M · ±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
$113 / 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
$1,368,675
Tax year 2023
Assessed value
$31,500,000
Assessed 2023
Previous assessed
$31,500,000
+0.0% YoY
Effective rate
4.35%
On assessed value
Assessed land
$5,205,200
Assessed improvement
$26,294,800
Applied tax rate
100.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1988
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
16
Units
5
Total area
497,430 SF
Lot
4.16 ac (181,210 SF)
Zoning code
DCB
APN
BRID M:28 B:939 L:1-K
UPID
US15-0191392
Jurisdiction
BRIDGEPORT
Zoning & alternative use
DCB · Bridgeport, CT
Zoning DCB · permitted uses
DCB · Bridgeport, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bridgeport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$59.9M
RETAIL STORES
Est. value
$92.5M
OFFICE BUILDING
Est. value
$60.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$55.4M
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1988
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
16
Buildings
1
Units
5
Lot
4.16 ac
Current owner
From public records · entity-resolved
Health Care Holding Ct
Entity
Free & Clear · 13 yrs held
Mailing address
1 M AND T PLZ, BUFFALO, NY 14203-2303
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2013
$1
Health Care Holding Ct
Peoples United Bank
Grant Deed
related
—
Dec 17, 2012
—
Peoples United Bank
Chavez,gilberto
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
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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