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    Property profile & analytics

    156 Pane Rd Newington, CT 06111-5557

    • Manufacturing properties
    • 20,640 SF
    • 3.80 lot acres
    OFF-MARKET
    Value Estimation
    $575,000
    Location Intelligence
    Property ID
    US15-0253841
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Catskill Granite Countertops, Inc. / Countertop Store / Granite Supplier
    • Dan's Custom LLC / Countertop Store

    Property Details for 156 Pane Rd

    Year built
    1955
    Construction
    STEEL FRAME
    Lot size
    3.80 lot acres
    Property size
    20,640 SF
    Zone code
    PD
    Property type
    Manufacturing properties
    APN
    NEWI M:32 B:1 L:0
    APU
    NEWIM32B1L0

    Description

    This exceptional 5,100-square-foot industrial property, located at 156 Pane Road in Newington, Connecticut, presents a unique investment opportunity. Situated in Hartford County, this single-tenant building offers a versatile space suitable for warehouse, flex, manufacturing, or distribution operations. The property boasts 600 square feet of dedicated office space, providing ample room for administrative functions. Access is convenient with one drive-in door. The warehouse features a generous clear height of 13 feet 6 inches to the truss and 16 feet to the deck, maximizing storage and operational efficiency. The electrical service is robust, featuring 400 AMP, 3-phase, 120-240 Volt power. This property is ideally suited for a variety of businesses seeking a functional and well-equipped space in a prime Connecticut location. The property's zoning and specific permitted uses should be independently verified. The address is 156 Pane Rd, Newington, CT 06111. This is a single-tenant property. The property type is classified as Industrial, Special Purpose.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $555,000

    • CAP approach

      CAP return
      Estimation
      6%
      $700,000
      6.5%
      $675,000
      7%
      $725,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $610,000
      Geo Method
      $700,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $610,000
      Retail
      $695,000
      Mixed-Use
      $765,000
      Hospitality
      $565,000
      Educational
      $670,000
      Residential Income
      $635,000
      Energy
      $570,000
      Income-Based Land
      $775,000
      Food Service
      $755,000

    Location Insight

    • Map
    • Local Demand
    City
    Newington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7314
    Latitude
    41.6563
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,576
    $89,600
    $498,920
    $588,520
    -
    $0.00
    $0.00
    $0.00

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    Similar Nearby for Lease

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    156 Pane Rd
    Newington, CT 06111-5557
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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