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Property profile & analytics
OFF-MARKET
Showrooms
281-283 Silver Ln East Hartford, CT 06118
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-0639932
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1926
Construction
FRAME
Total area
2,582 SF
Lot
0.17 ac (7,405 SF)
Zoning code
B-2
APN
EHAR M:23 L:164
UPID
US15-0639932
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
Manuel P Nugra · 2 yrs held
Manuel P Nugra
since 2023
7 recorded transactions
Zoning & alternative use
B-2 · East Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The various business districts recognize existing development patterns in East Hartford and provide areas for business uses and development appropriate to the characteristics of each area
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
243.70 ac
Source
Realmo
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 East Hartford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Hartford 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
$8,125
Tax year 2024
Assessed value
$184,660
Assessed 2024
Previous assessed
$184,660
+0.0% YoY
Effective rate
4.40%
On assessed value
Assessed land
$54,180
Assessed improvement
$130,480
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
1926
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
4
Rooms
12
Total area
2,582 SF
Lot
0.17 ac (7,405 SF)
Zoning code
B-2
APN
EHAR M:23 L:164
UPID
US15-0639932
Jurisdiction
EAST HARTFORD
Zoning & alternative use
B-2 · East Hartford, CTZoning B-2 · permitted uses
B-2 · East Hartford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The various business districts recognize existing development patterns in East Hartford and provide areas for business uses and development appropriate to the characteristics of each area
Zone name
Neighborhood Business
General category
COMMERCIAL
Zone area
243.70 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1926
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
4
Rooms
12
Lot
0.17 ac
Current owner
From public records · entity-resolved
Manuel P Nugra
Individual
Mailing address
60 OAK ST, MANCHESTER, CT 06040-6138
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2023
—
Manuel P Nugra
Marco Plasencia
Quit Claim Deed
related
$196,000 · Velocity Commercial Capital LLC
Sep 1, 2021
—
Marco Plasencia
Willie Hunter
Warranty Deed
—
Jul 11, 2016
—
Willie Hunter
—
Deed
related
$50,000 · Windsor Fed'l S&l
Sep 17, 2013
—
Willie Hunter
—
Deed Of Trust
related
$105,000 · Windsor Fsla
Feb 22, 2011
$1
Willie Hunter
Hunter,flaviana
Grant Deed
related
—
Jul 1, 2003
$150,000
Willie Hunter
Micciulla,sebastian J
Warranty Deed
$120,000 · Washington Mutual Bank
—
—
Willie Hunter
—
Deed Of Trust
related
$50,000 · Windsor Fed'l S&l
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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