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Financial
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Property profile

105 Pane Rd Newington, CT 06111

FOR LEASE
Parking lots & garages
Property ID
US15-0789175
29,273 SF 2.7 ac lot Built 1960
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 105 Pane Road in Newington, Connecticut is a built-in-1960 industrial building configured to provide flexible space for light commercial uses. A dedicated interior office area supports day-to-day operations, along with a half bathroom. The unit includes a large overhead door sized for loading and unloading. The property is located just off the Berlin Turnpike, providing access to major transportation routes including Route 9, I-91, and I-84, and sits within an established…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$39k
Tax billed · 2023
Assessed value$1.01M
Assessed land$205k
Assessed improvement$808k
Effective rate3.84%

Value estimate

· Oct 2026
$660k
$594k – $726k
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$2k
Operating expenses−$10k
NOI · 834.96% cap applied$23k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
834.96%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PD
Business (PD) and Industrial (I) zones, to encourage transit-oriented development of parcels on Cedar Street, Fenn Road, and streets adja...
General categoryPLANNED_DEVELOPMENT
JurisdictionNEWINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office21.7
Realty agency19.7
Law Firm18.0

Location

105 Pane Rd Newington, CT 06111
County assessor Recorded deeds · not on file 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
172 Kelsey, Newington, CT 06111-5453 $3,480,000 Oct 2024 21,440 SF
54 Pane, Newington, CT 06111-5521 $450,000 Dec 2023 5,300 SF
2407 Berlin, Newington, CT 06111-4106 $600,000 Dec 2021 2,150 SF
2530 Berlin, Newington, CT 06111-4108 $1,325,000 Apr 2021 4,610 SF
4 Hartford, Newington, CT 06111 $500,000 Jan 2021 2,557 SF
25 Pane, Newington, CT 06111-5522 $479,520 Jul 2020 4,048 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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