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

    275 Progress Dr Manchester, CT 06042-2211

    • Industrial properties
    • 42,699 SF
    • 3.48 lot acres
    OFF-MARKET
    Value Estimation
    $680,000
    Location Intelligence
    Property ID
    US15-0861296
    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

    • Dawn Enterprises Inc / Manufacturer
    • Applus+ Aerospace Division / Transportation Service

    Property Details for 275 Progress Dr

    Year built
    1982
    Construction
    STEEL FRAME
    Lot size
    3.48 lot acres
    Property size
    42,699 SF
    Zone code
    IND
    Property type
    Industrial properties
    APN
    MANC M:105 B:4670 L:275
    APU
    MANCM105B4670L275

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $650,000

    • CAP approach

      CAP return
      Estimation
      6%
      $745,000
      6.5%
      $875,000
      7%
      $740,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $680,000
      Geo Method
      $855,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $760,000
      Retail
      $830,000
      Mixed-Use
      $790,000
      Hospitality
      $815,000
      Educational
      $875,000
      Residential Income
      $785,000
      Energy
      $885,000
      Income-Based Land
      $795,000
      Food Service
      $915,000

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.5
    Latitude
    41.8016
    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
    $36,735
    $262,600
    $724,900
    $987,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      102,197 SF

      586 Hilliard St

      INDUSTRIAL (GENERAL) • 102,197 SF
      586 Hilliard St, Manchester, CT 06042-2879
      View Details
    • Value Estimation by Request
      30,205 SF

      260th Tolland Tpke

      INDUSTRIAL (GENERAL) • 30,205 SF
      260th Tolland Tpke, Manchester, CT 06042-1764
      View Details
    • Value Estimation by Request
      249,244 SF

      1046th Tolland Tpke

      INDUSTRIAL (GENERAL) • 249,244 SF
      1046th Tolland Tpke, Manchester, CT 06042-1655
      View Details
    • Value Estimation by Request
      64,336 SF

      135 Sheldon Rd

      INDUSTRIAL (GENERAL) • 64,336 SF
      135 Sheldon Rd, Manchester, CT 06042-2386
      View Details
    • Value Estimation by Request
      56,250 SF

      71 Utopia Rd

      INDUSTRIAL (GENERAL) • 56,250 SF
      71 Utopia Rd, Manchester, CT 06042-2192
      View Details
    • Value Estimation
      $1,525,000
      32,060 SF

      271 Adams St

      INDUSTRIAL (GENERAL) • 32,060 SF
      271 Adams St, Manchester, CT 06042-1985
      View Details

    Similar Nearby for Sale

    • $890,000
      4.84 Acres

      Manchester Industrial Land - $890K

      4.84-acre corner lot, I-291 access.
      1555 Tolland Tpke, Manchester, CT 06042
      View Details
    • $10,200,000
      93,600 SF

      Manchester Industrial Facility For Sale

      93,600 SF industrial facility with expansion approvals in Manchester, CT.
      151 Batson Dr, Manchester, CT 06042
      View Details
    • $3,900,000
      21,500 SF

      Manchester Restaurant & Bar - Sale/Leaseback

      High-traffic location, strong NOI, excellent opportunity.
      103 Tolland Tpke, Manchester, CT 06042
      View Details
    • $385,000

      Multi-Family Near Shops, Bus

      2640 sq ft multi-family property near shops and bus.
      96 Westerly St, Manchester, CT 06042
      View Details
    • $3,900,000
      21,500 SF

      Restaurant and Sports Betting Property

      Full-service restaurant, bar, and sports betting venue for sale.
      103 Tolland Tpke, Manchester, CT 06042
      View Details
    • $3,050,000
      7,577 SF

      Restaurant Outparcel at Buckland Hills

      Restaurant outparcel with strong demand and high traffic location.
      350 Buckland Hills Dr, Manchester, CT 06042
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr

      Industrial Flex Space For Lease

      4940 SF flex space with retail and office components.
      431 New State Rd, Manchester, CT 06042
      View Details
    • Contact for pricing
      140,000 SF

      Manchester Logistics Facility

      140,000 SF Industrial Space, New Construction
      71 Commerce Rd, Manchester, CT 06042
      View Details
    • Contact for pricing
      13,800 SF

      Industrial Building with Covered Canopy

      13,800 SF industrial building with 12,000 SF canopy.
      166 Colonial Rd, Manchester, CT 06042
      View Details
    • Contact for pricing
      283,127 SF

      Manchester Retail Plaza Investment Opportunity

      High-traffic retail center, 7 buildings, spaces available.
      1181 Tolland Tpke, Manchester, CT 06042
      View Details
    • Contact for pricing
      90,818 SF

      Hale Road Retail Center - For Lease

      High-visibility retail space, I-84 access.
      120 Hale Rd, Manchester, CT 06042
      View Details
    • $1,120 /Mo
      670 SF

      Hilliard Mills Office Space Available

      West-facing office space with hardwood floors, available September 1.
      642 Hilliard St, Manchester, CT 06042
      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.
    275 Progress Dr
    Manchester, CT 06042-2211
    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.