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Financial
Distress signals
Property profile

394 Ctr St Manchester, CT 06040

OFF-MARKET
Showrooms
Property ID
US15-1049954
3,264 SF 0.56 ac lot Built 1981
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property includes approximately 3,600 SF of fully built-out professional/medical office space configured to support patient and staff workflow. The interior layout features 10 exam rooms, two private offices, a conference room, a break room, and substantial administrative workspace. It is located in a high-traffic area and is situated adjacent to Manchester OB/GYN and Manchester Manor Health Care Center, with access described as convenient to US Route 6, Route 44, and I-384/84 and I-91.…

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?
$12k
Tax billed · 2023
Assessed value$328k
Assessed land$85k
Assessed improvement$243k
Effective rate3.72%

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
ZIP average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$58 – $124
Qualifying comparables8

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?
RB
The purpose of this RB district is to provide areas for the single family dwelling occupancy, two family houses and necessary accessory uses
General categoryRESIDENTIAL
JurisdictionMANCHESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.5
Parking Facility12.9
HVAC Service10.7

Location

394 Ctr St Manchester, CT 06040-4735
County assessor Recorded deeds · not on file 8 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
375 Ctr, Manchester, CT 06040-4445 $475,000 Jun 2025 4,117 SF
381 Ctr, Manchester, CT 06040-3924 $395,000 Apr 2025 2,832 SF
423 Ctr, Manchester, CT 06040-3925 $257,500 Oct 2024 2,869 SF
357 Ctr, Manchester, CT 06040-4472 $380,000 Sep 2024 3,241 SF
645 Birch Mtn, Manchester, CT 06040-6805 $550,000 Aug 2024 3,657 SF
244 Ctr, Manchester, CT 06040-5041 $844,000 Oct 2023 3,218 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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