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    Property profile & analytics

    181 Pane Rd Newington, CT 06111-5522

    • Parking lots & garages
    • 5,000 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US15-0102276
    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

    • D & S Welding & Fabrication LLC / Welder / Iron Works

    Property Details for 181 Pane Rd

    Year built
    1970
    Construction
    STEEL FRAME
    Lot size
    0.72 lot acres
    Property size
    5,000 SF
    Zone code
    PD
    Property type
    Parking lots & garages
    APN
    NEWI M:31 B:33 L:0
    APU
    NEWIM31B33L0

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $380,000
      7%
      $335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $325,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $345,000
      Mixed-Use
      $300,000
      Hospitality
      $300,000
      Educational
      $385,000
      Residential Income
      $290,000
      Energy
      $375,000
      Income-Based Land
      $295,000
      Food Service
      $295,000

    Location Insight

    • Map
    • Local Demand
    City
    Newington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.733
    Latitude
    41.655
    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
    $6,696
    $70,000
    $104,560
    $174,560
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,415,000
      21,440 SF

      172 Kelsey St

      PARKING GARAGE, PARKING STRUCTURE • 21,440 SF
      172 Kelsey St, Newington, CT 06111-5453
      View Details
    • Value Estimation
      $365,000
      3,360 SF

      120 Willard Ave

      PARKING GARAGE, PARKING STRUCTURE • 3,360 SF
      120 Willard Ave, Newington, CT 06111-1140
      View Details
    • Value Estimation
      $215,000
      3,000 SF

      131 Smt St

      PARKING GARAGE, PARKING STRUCTURE • 3,000 SF
      131 Smt St, Newington, CT 06111-1719
      View Details
    • Value Estimation
      $395,000
      6,344 SF

      365 Cedar St

      PARKING GARAGE, PARKING STRUCTURE • 6,344 SF
      365 Cedar St, Newington, CT 06111-1528
      View Details
    • Value Estimation
      $345,000
      4,550 SF

      416 Hartford Ave

      PARKING GARAGE, PARKING STRUCTURE • 4,550 SF
      416 Hartford Ave, Newington, CT 06111-1501
      View Details
    • Value Estimation
      $700,000
      29,273 SF

      105 Pane Rd, Unit 113

      PARKING GARAGE, PARKING STRUCTURE • 29,273 SF
      105 Pane Rd, Newington, CT 06111-5563
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3.22 Acres

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      3.22 Acres, High-Traffic Location
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      139,780 SF

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      Retail/Medical Condo For Sale

      4,350± SF retail/medical condo, leased through 2029.
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    • $325,000
      3,694 SF

      Mixed-Use Property in Newington Center

      Mixed-use property with retail and office/flex space in Newington.
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      Newington, CT Retail NNN Asset

      10,000 SF NNN leased to The Learning Experience.
      395 Willard Ave, Newington, CT 06111
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,692 SF

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      Retail space with high visibility and ample parking.
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      View Details
    • $39 SF/Yr
      3,256 SF

      Newington Retail Property - High Traffic

      Freestanding building, 3,256 sq ft, 1.3 acres.
      2495 Berlin Tpke, Newington, CT 06111
      View Details
    • $2,100 /Mo

      Prime Retail Space in Newington

      Storefront in the heart of downtown Newington, near town activities.
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      View Details
    • $10 SF/Yr
      52,544 SF

      Retail Space in Newington Center

      Retail space available for immediate occupancy in Newington, Connecticut.
      719 New Britain Ave, Newington, CT 06111
      View Details
    • $20 SF/Yr
      1,500 SF

      Retail/Office Space For Lease

      Retail or office space with high visibility and ample parking.
      2199 Berlin Tpke, Newington, CT 06111
      View Details
    • Contact for pricing
      55,075 SF

      Retail Space on Berlin Turnpike

      Retail space in high-traffic area near Hartford.
      2985 Berlin Tpke, Newington, CT 06111
      View Details

    Property Visit Statistics

    • Visits by month
      1.4k
    • Visitors by month
      445
    • Avg Time on site
      54 min
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    181 Pane Rd
    Newington, CT 06111-5522
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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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