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Property profile & analytics
FOR SALE
Showrooms
1384 Main St Coventry, CT 06238
Entity Owned
7-yr Hold
Free & Clear
Property ID
US15-0484468
For Sale
1 / 2
$2,625,000
1384 Main St, Coventry, CT 06238
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2009
Construction
FRAME
Total area
2,585 SF
Lot
3.2 ac (139,392 SF)
Zoning code
VG
APN
COVE M:0024 B:0048 L:0001B
UPID
US15-0484468
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
-
Burger Fry Pie Restaurant
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
Coventry Corners Realty · 7 yrs held
Coventry Corners Realty
since 2019
5 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
$11,795
Tax year 2023
Assessed value
$371,600
Assessed 2023
Previous assessed
$371,600
+0.0% YoY
Effective rate
3.17%
On assessed value
Assessed land
$110,300
Assessed improvement
$261,300
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
For Sale
Year built
2009
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
2,585 SF
Lot
3.2 ac (139,392 SF)
Zoning code
VG
APN
COVE M:0024 B:0048 L:0001B
UPID
US15-0484468
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
2009
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
3.2 ac
Current owner
From public records · entity-resolved
Coventry Corners Realty
Entity
Free & Clear · 7 yrs held
Mailing address
585 RDG RD, WETHERSFIELD, CT 06109-2633
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2019
$358,729
Coventry Corners Realty
Reid LLC
Warranty Deed
—
Sep 19, 2012
$700,000
Connecticut Reid LLC
Bid 1 LLC
Warranty Deed
$525,000 · Westfield Bank Fsb
Aug 27, 2010
—
Bid 1 LLC
—
Deed Of Trust
related
$250,000 · Ct Business Dev Corp
Jun 11, 2009
—
Bid One LLC
—
Deed Of Trust
related
$244,667 · New England Bank
Jul 6, 2007
$190,000
Bid 1 LLC
Giantonio,guido A JR
Warranty 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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