Technical
Financial
Distress signals
Property profile

372 Progress Dr Manchester, CT 06042

OFF-MARKET
Industrial properties
Property ID
US15-1295204
21,800 SF 2.2 ac lot Built 1980
Entity Owned 5-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 21,800 SF
Lot 2.2 ac (95,832 SF)
Zoning code IND
APN MANC M:105 B:4670 L:372
UPID US15-1295204

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

372 Progress Dr Manchester, CT 06042-9002
Manchester metro Census 514101 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2021
Last sale
$430,000
4 recorded transactions
2021
Price N/A
2019
$430,000
2009
$428,000
2009
$4,000

Zoning & alternative use

IND · Manchester, CT
Zoning description

An industrial zoned district is an area for commercial operations and uses of a type which are not generally suitable or appropriate in retail sales areas

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 372 Progress Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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