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Financial
Distress signals
Property profile

35 Oakland St Manchester, CT 06042

OFF-MARKET
Other industrial properties
Property ID
US15-1036775
27,548 SF 1.57 ac lot Built 1888
Last sale Dec 2025 · $770,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

35 Oakland Street, Manchester, CT 06042 is a property configured for adaptive reuse into a 26-unit residential development. The approved conversion design provides a unit mix of 22 one-bedroom apartments and 4 two-bedroom apartments. Architectural, MEP, and site approvals have been secured to support the conversion, and interior demolition has been completed as part of the redevelopment scope. Historic tax credit approvals for both Phase I and Phase II have been obtained, and the site includes…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$283k
Assessed land$108k
Assessed improvement$175k
Effective rate3.72%

Value estimate

· Oct 2026
$440k
$396k – $484k
AI approach$440k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$56/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$24 – $74
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B2
A Business 11 zone is a commercial trade area for general public shopping convenience
General categoryCOMMERCIAL
JurisdictionMANCHESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant21.0
Realty agency20.8
Spa & Massage15.5

Location

35 Oakland St Manchester, CT 06042-2381
County assessor Recorded deeds · 8 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
160 Chapel, Manchester, CT 06042-8929 $1,700,000 Feb 2026 21,940 SF
340 Progress, Manchester, CT 06042-2280 $2,400,000 Feb 2026 36,000 SF
271 Adams, Manchester, CT 06042-1985 $1,600,000 Dec 2023 32,060 SF
372 Progress, Manchester, CT 06042-9002 $430,000 Aug 2021 21,800 SF
80 Sheldon, Manchester, CT 06042-2319 $975,000 Oct 2020 27,202 SF
730 Parker, Manchester, CT 06042-2262 $4,200,000 Oct 2019 25,112 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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