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Property profile & analytics
OFF-MARKET
Industrial properties
99 John Downey Dr New Britain, CT 06051-2916
Individually Owned
5-yr Hold
Free & Clear
Property ID
US15-0689159
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1967
Construction
STEEL FRAME
Total area
28,400 SF
Lot
2.96 ac (128,938 SF)
Zoning code
I1
APN
NBRI M:A10B B:80
UPID
US15-0689159
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
-
Pro Machine Services Industrial Manufacturer Production Facility
-
Advanced Aerospace Corporation Industrial Manufacturer
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
99 John Downey Dr Assoc · 5 yrs held
99 John Downey Dr Assoc
since 2021
Last sale
$300,000
2 recorded transactions
Zoning & alternative use
I1 · 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
$40,323
Tax year 2023
Assessed value
$1,053,360
Assessed 2023
Previous assessed
$1,053,360
+0.0% YoY
Effective rate
3.83%
On assessed value
Assessed land
$223,230
Assessed improvement
$830,130
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1967
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Stories
1
Units
1
Rooms
2
Total area
28,400 SF
Lot
2.96 ac (128,938 SF)
Zoning code
I1
APN
NBRI M:A10B B:80
UPID
US15-0689159
Jurisdiction
NEW BRITAIN
Zoning & alternative use
I1 · New Britain, CT
Zoning I1 · permitted uses
I1 · 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
1967
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
1
Units
1
Rooms
2
Lot
2.96 ac
Current owner
From public records · entity-resolved
99 John Downey Dr Assoc
Individual
Free & Clear · 5 yrs held
Mailing address
145 EDGEWOOD AVE, NEW BRITAIN, CT 06051-4109
Ownership since
2021
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
Apr 14, 2021
$300,000
99 John Downey Dr Assoc
Golas Adam Z Est
Executors Deed
—
Jan 2, 1996
$375,000
Adam Golas
99 John Downey Dr INC
Grant Deed
—
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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