Financial
Distress signals
Property profile

340 Progress Dr Manchester, CT 06042

OFF-MARKET
Industrial properties
Property ID
US15-0437604
36,000 SF 3.15 ac lot Built 1973
Last sale Feb 2026 · $2,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$48k
Tax billed · 2023
Assessed value$1.28M
Assessed land$318k
Assessed improvement$967k
Effective rate3.72%

Value estimate

· Sep 2026
$660k
$594k – $726k
Submarket $/SF estimate$2.03M

Realmo valuation models over county records.

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

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency34.6
Restaurant31.9
Dental Office26.8

Location

340 Progress Dr Manchester, CT 06042-2280
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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
160 Chapel, Manchester, CT 06042-8929 $1,700,000 Feb 2026 21,940 SF
275 New State, Manchester, CT 06042-1810 $2,820,000 Sep 2024 47,144 SF
271 Adams, Manchester, CT 06042-1985 $1,600,000 Dec 2023 32,060 SF
372 Progress, Manchester, CT 06042-9002 $430,000 Aug 2021 21,800 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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