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Property profile & analytics
OFF-MARKET
Showrooms
1047 Main St Coventry, CT 06238-3113
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US15-1038728
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,720 SF
Lot
0.26 ac (11,326 SF)
Zoning code
VG
APN
COVE M:000N B:0064 L:0009A
UPID
US15-1038728
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
-
PSF Associate Family Counselor
-
Kobukai Jujitsu - Coventry Training Center Sports School
-
Hair To There Hair Salon Nail Salon
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
M & M Rlty Cap LLC · 2 yrs held
M & M Rlty Cap LLC
since 2024
Last sale
$360,000
6 recorded transactions
Zoning & alternative use
VG · Coventry, 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 Coventry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coventry 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
$6,869
Tax year 2023
Assessed value
$216,400
Assessed 2023
Previous assessed
$216,400
+0.0% YoY
Effective rate
3.17%
On assessed value
Assessed land
$60,900
Assessed improvement
$155,500
Applied tax rate
406.0000
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
Off-Market
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
3
Bathrooms
1
Total area
3,720 SF
Lot
0.26 ac (11,326 SF)
Zoning code
VG
APN
COVE M:000N B:0064 L:0009A
UPID
US15-1038728
Jurisdiction
COVENTRY
Zoning & alternative use
VG · Coventry, CT
Zoning VG · permitted uses
VG · Coventry, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coventry. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
3
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
M & M Rlty Cap LLC
Entity
Mailing address
1047 MAIN ST, COVENTRY, CT 06238-3113
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2025
—
M & M Realty Capital LLC
—
Deed
related
$504,000 · Eastern Ct Savings Bank
Oct 28, 2024
—
M&m Realty Cap LLC
—
Deed
related
$55,000 · Eastern Ct Savings Bank
Feb 21, 2024
$360,000
M & M Rlty Cap LLC
1047 Main St LLC
Warranty Deed
$288,000 · Eastern Ct Savings Bank
Aug 29, 2001
$160,000
1047 Main St LLC
Lemay,ronald
Warranty Deed
—
Aug 23, 1988
—
Ronald Lemay
—
Deed Of Trust
related
$150,000 · Connecticut Bank & Trust
Oct 16, 1987
$35,000
Ronald Lemay
Breen,patricia
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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