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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Showrooms
3466 Main St Coventry, CT 06238-1538
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US15-0628930
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2019
Construction
FRAME
Total area
4,400 SF
Lot
1.52 ac (66,211 SF)
Zoning code
C
APN
COVE M:0010 B:0016 L:00087
UPID
US15-0628930
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
Current use
Occupant on record · Public records
-
Wicked Slice Take-out & Catering
-
Sunrise Northeast Adult Day Care
-
Courtside Nutrition Cafe & Coffee Shop
-
MJ Nails and Spa Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$823k
Blend (final)
Blend
$590k
Owner & transaction history
Nazeeh Abunasra · 18 yrs held
Nazeeh Abunasra
since 2007
7 recorded transactions
Zoning & alternative use
C · Coventry, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$470,000
+1.0%
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 Coventry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coventry 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
Method
Estimation
Statistic approach
by Request
ML approach
$360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$465,000
Current use
OFFICE BUILDING
$470,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$590k
Range $531k – $649k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$134 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$21,536
Tax year 2023
Assessed value
$678,500
Assessed 2023
Previous assessed
$678,500
+0.0% YoY
Effective rate
3.17%
On assessed value
Assessed land
$212,800
Assessed improvement
$465,700
Applied tax rate
406.0000
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
2019
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
8
Bathrooms
2
Total area
4,400 SF
Lot
1.52 ac (66,211 SF)
Zoning code
C
APN
COVE M:0010 B:0016 L:00087
UPID
US15-0628930
Jurisdiction
COVENTRY
Zoning & alternative use
C · Coventry, CT
Zoning C · permitted uses
C · Coventry, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coventry. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$465,000
OFFICE BUILDING
Est. value
$470,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
8
Bathrooms
2
Lot
1.52 ac
Current owner
From public records · entity-resolved
Nazeeh Abunasra
Individual
Mailing address
89 CORNERSTONE DR, SOUTH WINDSOR, CT 06074-2373
Ownership since
2007
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
Aug 9, 2007
$750,000
Nazeeh Abunasra
Papas,leonidha
Warranty Deed
—
Aug 9, 2007
$1
Mxm Realty LLC
Abunasra,nazeeh
Grant Deed
related
—
May 29, 2007
$1
Leonidha Papa
Papas,leonidha
Grant Deed
related
—
May 29, 2007
—
Leonidha Papa
—
Deed Of Trust
related
$580,000 · Bank Of Western Massachusetts
Nov 23, 2004
$620,000
Leonidha Papas
R&w Realty LLC
Warranty Deed
$450,000 · Savings Bank Of Manchester
Sep 1, 1987
$725,000
Morton Ward
Miles,orin JR
Grant Deed
$520,000 · Society For Savings
—
—
Mxm Realty LLC
—
Deed Of Trust
related
$843,700 · Td Banknorth
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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