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    Property profile & analytics

    256 Main St East Windsor, CT 06088

    • Office buildings
    • 20,000 SF
    • 2.05 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US15-0642674
    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

    • Valley Counseling Associates / Family Counselor
    • NLR, Inc. / Recycling Center / Waste Management Facility
    • Lisa Loomis, Realtor / Real Estate Agency
    • William F. Hobson, MS / Physician
    • Motion / Factory / Industrial Manufacturer

    Property Details for 256 Main St

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.05 lot acres
    Property size
    20,000 SF
    Zone code
    B-1
    Property type
    Office buildings
    APN
    EWIN M:81 B:15 L:5
    APU
    EWINM81B15L5

    Description

    This exceptional 2,475-square-foot Class A office suite, located at 256 Main Street, Suite F, East Windsor, CT 06088, presents a unique opportunity. Situated in a two-story building (totaling 20,000 square feet) constructed in 1980, this single-tenant space boasts high-end finishes and a desirable layout. The suite is divided between 825 square feet on the main level and 1,650 square feet upstairs, offering a blend of private offices, conference rooms, and an open office area. Amenities include a full kitchen and full bathrooms, catering to the needs of a modern workplace. Conveniently located near the intersection of Main Street and Prospect Hill Road, this property offers easy access to I-91 and Bradley International Airport, making it an ideal location for businesses seeking convenient commuting options. The property sits on 2.05 acres and includes onsite parking. A full-service hotel is located next door, providing added convenience. The building is zoned B-1 and is part of the Hartford/Springfield submarket within Hartford County, Connecticut. This property is perfect for a corporate office, branch office, or professional offices seeking a prestigious and functional workspace.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,413,000
      Market price range: $1.41M - $3.09M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,205,000
      Current use
      RETAIL STORES
      $2,300,000
      Change: +4% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $2,005,000
      Change: -9% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,890,000
      Change: -14% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $1,840,000
      Change: -17% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    East Windsor
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6139
    Latitude
    41.917
    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
    2022
    $22,018
    $115,270
    $490,790
    $606,060
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,495,000
      2,050 SF

      150 Nn Rd

      OFFICE BUILDING • 2,050 SF
      150 Nn Rd, East Windsor, CT 06088-9678
      View Details
    • Value Estimation by Request
      712 SF

      38 Brg St

      OFFICE BUILDING • 712 SF
      38 Brg St, East Windsor, CT 06088-9679
      View Details
    • Value Estimation by Request
      1,488 SF

      248 Main St

      OFFICE BUILDING • 1,488 SF
      248 Main St, East Windsor, CT 06088-9519
      View Details
    • Value Estimation by Request
      1,682 SF

      155 Nn Rd

      OFFICE BUILDING • 1,682 SF
      155 Nn Rd, East Windsor, CT 06088-9561
      View Details
    • Value Estimation
      $750,000
      5,891 SF

      115 Brg St

      OFFICE BUILDING • 5,891 SF
      115 Brg St, East Windsor, CT 06088-9594
      View Details
    • Value Estimation by Request
      1,203 SF

      90 Main St

      OFFICE BUILDING • 1,203 SF
      90 Main St, East Windsor, CT 06088-9741
      View Details

    Similar Nearby for Sale

    • $310,000
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      Mixed-Use Property Near I-91

      Mixed-use property with access to major transportation routes and amenities.
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      View Details
    • Contact for pricing
      1.73 Acres

      East Windsor Development Opportunity

      1.73-acre prime commercial land, I-91 access.
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    • $3,850,000
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      East Windsor Investment Opportunity

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      East Windsor Industrial Land Available

      13.02 acre industrial site suitable for various uses.
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    • $74,925

      East Windsor 1-Acre Lot

      Prime lot near Connecticut River, zoned A-2.
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    • New
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    Similar Nearby for Lease

    • New
      $16 SF/Yr
      3,000 SF

      East Windsor Commercial Space Available

      3,000 SF space suitable for dance, office, medical, or retail.
      122 Prospect Hill Rd, East Windsor, CT 06088
      View Details
    • $16 SF/Yr
      1,800 SF

      East Windsor Office Space for Lease

      1800 sq ft, prime location, high traffic
      122 Prospect Hill Rd, East Windsor, CT 06088
      View Details
    • $3,500 /Mo
      2,100 SF

      Versatile Commercial Space in Windsor

      2,100 sq ft commercial space in high-traffic East Windsor.
      4 Prospect Hill Rd, East Windsor, CT 06088
      View Details
    • New
      $16 SF/Yr
      1,200 SF

      East Windsor Commercial Space Available

      1,200 SF retail, office, or medical space for lease.
      122 Prospect Hill Rd, East Windsor, CT 06088
      View Details
    • Contact for pricing

      East Windsor Commercial Building For Lease

      7,352 SF commercial building on Route 5, East Windsor.
      137 Prospect Hill Rd, East Windsor, CT 06088
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    • $16 SF/Yr
      1,800 SF

      Versatile Space in East Windsor

      1,800 SF space suitable for office, medical, or retail.
      122 Prospect Hill Rd, East Windsor, CT 06088
      View Details
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    256 Main St
    East Windsor, CT 06088
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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