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Property profile & analytics
OFF-MARKET
Estimated value
$6,010,000
Showrooms
1824 Manchester Rd Glastonbury, CT 06033-1832
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US15-0067442
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2000
Construction
FRAME
Total area
32,137 SF
Lot
11.95 ac (520,588 SF)
Zoning code
RR
APN
GLAS M:K3 B:4160 L:E0042
UPID
US15-0067442
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
-
Buckingham Heights Memory Care Nursing Home Retirement Community
-
Brookdale Buckingham Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.77M
Blend (final)
Blend
$6.01M
Owner & transaction history
Buckingham Heights LLC · 3 yrs held
Buckingham Heights LLC
since 2022
7 recorded transactions
Zoning & alternative use
RR · Glastonbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.5M
+17.0%
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 Glastonbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glastonbury 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,695,000
Current use
RESTAURANT
$5,495,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$6.01M
Range $5.41M – $6.61M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$187 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$259,881
Tax year 2024
Assessed value
$8,139,100
Assessed 2024
Previous assessed
$8,139,100
+0.0% YoY
Effective rate
3.19%
On assessed value
Assessed land
$1,449,000
Assessed improvement
$6,690,100
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
2000
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
46
Rooms
8
Total area
32,137 SF
Lot
11.95 ac (520,588 SF)
Zoning code
RR
APN
GLAS M:K3 B:4160 L:E0042
UPID
US15-0067442
Jurisdiction
GLASTONBURY
Zoning & alternative use
RR · Glastonbury, CT
Zoning RR · permitted uses
RR · Glastonbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glastonbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.7M
RESTAURANT
Est. value
$5.5M
COMMERCIAL (GENERAL) Current
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
46
Rooms
8
Lot
11.95 ac
Current owner
From public records · entity-resolved
Buckingham Heights LLC
Entity
Mailing address
10 LAFAYETTE SQ STE #1900, BUFFALO, NY 14203-1801
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2022
—
Buckingham Heights LLC
Bre Knight Sh Ct Owner
Warranty Deed
$12,920,000 · Northwest Bank
Apr 4, 2017
—
Bre Knight Sh Ct Ownr LLC
Hcp Sh Elp1 Properties
Warranty Deed
—
Nov 14, 2012
$15,012,500
Hcp Sh Elp 1 Props LLC
Bresw Buckingham Ests LLC
Warranty Deed
—
Jun 21, 2007
$15,940
Kinseys Covak 5 LLC
Fairway Crossing SR Prop
Warranty Deed
—
Apr 11, 2007
$79,700
Kinseys Covak 5 LLC
Fairway Xing SR LLC
Warranty Deed
—
Apr 11, 2007
$192,799
Gavriels Covak 5 LLC
Fairway Xing SR LLC
Warranty Deed
—
Apr 11, 2007
$31,880
Hermanns Covak 5 LLC
Fairway Xing SR LLC
Warranty Deed
—
Apr 10, 2007
$31,880
Ridge Parks Covak 5 LLC
Fairway Xing SR LLC
Warranty Deed
—
Mar 23, 2007
$111,580
Yees Covak 5 LLC
Fairway Xing Senior LLC
Warranty Deed
—
Mar 23, 2007
$79,700
Wolfes Covak 5 LLC
Fairway Xing Senior LLC
Warranty Deed
—
Mar 6, 2007
$9,124,800
Fairway Xing SR LLC
Glas Fairway Xing LLC
Warranty Deed
related
$49,578,350 · General Electric Capital Corp
Sep 11, 2006
$1
Glastonbury Town Of
Creative Community Bldrs
Warranty Deed
related
—
Sep 11, 2006
—
Glastonbury Town Of
—
Deed Of Trust
related
$2,684,000 · Banknorth NA
May 5, 2000
—
Glastonbury Frwy Crsng
—
Deed Of Trust
related
$5,447,129 · Worth Funding INC
Aug 20, 1997
$120,000
Creative Communities
Rflp Onc
Grant Deed
—
Jun 29, 1995
$192,500
Creative Comm Rlty INC
Clark,elizabeth
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.
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