Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    263 Main St Cromwell, CT 06416-2302

    • Showrooms
    • 4,568 SF
    • 1.40 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Location Intelligence
    Property ID
    US15-0959899
    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

    • Cromwell Automotive / Auto Repair Shop / Smog Inspection Station

    Property Details for 263 Main St

    Year built
    1950
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.40 lot acres
    Property size
    4,568 SF
    Zone code
    LB
    Property type
    Showrooms
    APN
    CROM M:00043200
    APU
    CROMM00043200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $240,000
      7%
      $225,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $235,000
      Geo Method
      $220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $305,000
      Mixed-Use
      $235,000
      Hospitality
      $295,000
      Educational
      $295,000
      Residential Income
      $260,000
      Energy
      $240,000
      Income-Based Land
      $270,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Cromwell
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.6472
    Latitude
    41.5907
    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
    $9,486
    $220,780
    $101,780
    $322,560
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,832 SF

      125 Berlin Rd

      SHOW ROOM, WAREHOUSE • 2,832 SF
      125 Berlin Rd, Cromwell, CT 06416-1022
      View Details
    • Value Estimation by Request
      9,590 SF

      77 Berlin Rd

      SHOW ROOM, WAREHOUSE • 9,590 SF
      77 Berlin Rd, Cromwell, CT 06416-2623
      View Details
    • Value Estimation by Request
      40,584 SF

      121 Berlin Rd

      SHOW ROOM, WAREHOUSE • 40,584 SF
      121 Berlin Rd, Cromwell, CT 06416-1022
      View Details
    • Value Estimation by Request
      83,171 SF

      381 Main St

      SHOW ROOM, WAREHOUSE • 83,171 SF
      381 Main St, Cromwell, CT 06416
      View Details
    • Value Estimation
      $395,000
      3,618 SF

      512 Main St

      SHOW ROOM, WAREHOUSE • 3,618 SF
      512 Main St, Cromwell, CT 06416-1407
      View Details
    • Value Estimation
      $275,000
      3,140 SF

      621 Main St

      SHOW ROOM, WAREHOUSE • 3,140 SF
      621 Main St, Cromwell, CT 06416-1464
      View Details

    Similar Nearby for Sale

    • $2,500,000

      Restaurant and Retail Opportunity

      Two buildings on 0.51 acres with ample parking.
      198-200 West St, Cromwell, CT 06416
      View Details
    • $489,500

      Established Tavern with Growth Potential

      Family-owned tavern/sports bar with growth potential, renovated interior, and outdoor patio.
      1 Wall St, Cromwell, CT 06416
      View Details
    • $1,500,000
      13.00 Acres

      Cromwell, CT Commercial Land - $1.5M

      ±13-acre site, I-91 visibility, high traffic.
      10 Sebethe Dr, Cromwell, CT 06416
      View Details
    • $389,900

      Main Street Specialty Property

      Specialty property available for sale on Main Street.
      587 Main St, Cromwell, CT 06416
      View Details
    • $755,900

      Cromwell Specialty Property For Sale

      Specialty property available for purchase in Cromwell, Connecticut.
      Primrose Ln, Cromwell, CT 06416
      View Details
    • $599,900

      Cromwell Specialty Property For Sale

      Specialty property available for purchase in Cromwell, Connecticut.
      2 Gatesville Ln, Cromwell, CT 06416
      View Details

    Similar Nearby for Lease

    • $2,800 /Mo

      Main Street Commercial Space Available

      Retail and office spaces for rent on Main Street.
      542 Main St, Cromwell, CT 06416
      View Details
    • $2,100 /Mo
      1,200 SF

      Unique Commercial Space in Cromwell

      Retail/office space in a unique location, must see!
      309 Main St, Cromwell, CT 06416
      View Details
    • Contact for pricing
      5,522 SF

      Retail Space in Cromwell Center

      Highly visible end-cap location at a busy Cromwell intersection.
      195 West St, Cromwell, CT 06416
      View Details
    • $1,600 /Mo
      850 SF

      Unique Retail Space in Cromwell

      Retail space for lease in a unique Cromwell location.
      309 Main St, Cromwell, CT 06416
      View Details
    • Contact for pricing
      3,830 SF

      Cromwell Retail Space For Lease

      Prime Cromwell location, 3,830 sq ft free-standing building.
      48 Berlin Rd, Cromwell, CT 06416
      View Details
    • Contact for pricing
      3,060 SF

      Retail Space with Tesla Charging

      Renovated retail space with high visibility and Tesla Supercharging.
      34 Shunpike Rd, Cromwell, CT 06416
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    263 Main St
    Cromwell, CT 06416-2302
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.