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Property profile & analytics
OFF-MARKET
Commercial land
225 Main St Manchester, CT 06042
Individually Owned
17-yr Hold
Free & Clear
Property ID
US15-1346005
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1920
Construction
WOOD FRAME
Total area
4,156 SF
Lot
0.28 ac (12,197 SF)
Zoning code
B2
APN
MANC M:76 B:3760 L:225
UPID
US15-1346005
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
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
Northeast Family FCU · 17 yrs held
Northeast Family FCU
since 2009
6 recorded transactions
Zoning & alternative use
B2 · Manchester, 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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,125
Tax year 2024
Assessed value
$80,800
Assessed 2024
Previous assessed
$80,800
+0.0% YoY
Effective rate
3.87%
On assessed value
Assessed land
$66,000
Assessed improvement
$14,800
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1920
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
3
Total area
4,156 SF
Lot
0.28 ac (12,197 SF)
Zoning code
B2
APN
MANC M:76 B:3760 L:225
UPID
US15-1346005
Jurisdiction
MANCHESTER
Zoning & alternative use
B2 · Manchester, CT
Zoning B2 · permitted uses
B2 · Manchester, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manchester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
3
Lot
0.28 ac
Current owner
From public records · entity-resolved
Northeast Family FCU
Individual
Free & Clear · 17 yrs held
Mailing address
PO BOX 180, MANCHESTER, CT 06045-0180
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2009
$250,000
Northeast Family FCU
Main Street Mgmt LLC
Warranty Deed
—
Oct 9, 2007
$200,000
Main Street Mgmt LLC
Cit Small Lending Corp
Warranty Deed
$150,000 · Enfield Fsla
Mar 22, 2007
$29,500
Cit Small Business Corp
Delsnyder,jon M
Grant Deed
—
Jan 30, 2004
$258,000
Jon M Delsnyder
Sherwood Properties Mchs
Warranty Deed
$320,000 · Cit Small Business Lending Co
Aug 2, 2000
$175,000
Sherwood Prop Mnch LLC
Palerno,nicholas J
Warranty Deed
$170,000 · Zenon Grzybowski
Mar 18, 1999
$5,000
Nicholas J Palerno
Bruno,marie
Grant 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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