Financial
Distress signals
Property profile

160 Chapel Rd Manchester, CT 06042

OFF-MARKET
Industrial properties
Property ID
US15-0511597
21,940 SF 5 ac lot Built 1986
Last sale Sep 2022 · $1,375,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional three-story office building, located at 160 Chapel Road in Manchester, Connecticut, presents a rare opportunity to acquire a fully occupied investment property. Boasting 21,940 square feet of space, this Class B building offers a blend of executive and traditional office suites, catering to a diverse tenant base. Constructed in 1986 and extensively renovated in 2019, the property is in excellent condition and benefits from a desirable park-like setting. The building sits on

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$46k
Tax billed · 2023
Assessed value$1.24M
Assessed land$239k
Assessed improvement$998k
Effective rate3.72%

Value estimate

· Sep 2026
$1.16M
$1.04M – $1.27M
AI approach$1.13M
Submarket $/SF estimate$1.61M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$56/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$24 – $74
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IND
An industrial zoned district is an area for commercial operations and uses of a type which are not generally suitable or appropriate in r...
General categoryINDUSTRIAL
JurisdictionMANCHESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.3
Auto Repair Shop13.1
Restaurant12.9

Location

160 Chapel Rd Manchester, CT 06042-8929
County assessor Recorded deeds · 7 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
271 Adams, Manchester, CT 06042-1985 $1,600,000 Dec 2023 32,060 SF
131 Adams, Manchester, CT 06042-1919 $551,500 Jan 2023 17,646 SF
372 Progress, Manchester, CT 06042-9002 $430,000 Aug 2021 21,800 SF
102 Colonial, Manchester, CT 06042-2356 $428,000 Aug 2021 19,000 SF
80 Sheldon, Manchester, CT 06042-2319 $975,000 Oct 2020 27,202 SF
730 Parker, Manchester, CT 06042-2262 $4,200,000 Oct 2019 25,112 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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