Individually Owned 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. The space is arranged for medical, wellness, or professional office uses and may be adapted to other business needs based on the existing room configuration.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,264 SF
Lot
0.56 ac (24,394 SF)
Zoning code
RB
APN
MANC M:33 B:5920 L:394
UPID
US15-1049954
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Midwife
-
Midwife
-
Midwife Practitioner Service Location
-
Midwife
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$270k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$270k
Owner & transaction history
Zoning & alternative use
RB · Manchester, CT
Zoning description
• Allow nurseries in AA zone as a permitted principal use (it is currently allowed in the RR, RA, RB, and RC zones without a known reason for its exclusion from the AA zone). • Allow two-family residential in the AA zone…
General category
RESIDENTIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$270k
Value range
$243k – $297k
±10% around blend
Estimated value / SF
$83 / SF
Confidence
High
8 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
80
$243k
blend $270k
$297k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,264 SF
Lot area
0.56 ac
Year built
1981
Stories
1
APN
MANC M:33 B:5920 L:394
Zoning
RB
Assessed value
$328,200
Annual tax
$12,209
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$563k
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.4 mi away · 4,120 SF
4.7 mi away · 3,688 SF
5.2 mi away · 3,876 SF
6.6 mi away · 2,391 SF
6.8 mi away · 3,613 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$270k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 54 sales
$91
-9%
Submarket 78 sales
$90
-8%
County 933 sales
$95
-12%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $83/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$328k
Move the market yield to see immediate price impact.
Value / SF
$101
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$21k
$414k
$295k
$230k
$23k
$459k
$328k
$255k
$25k
$505k
$361k
$281k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$120k
2.3 mi · Dec 2025 · $40/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,209
Tax year 2023
Assessed value
$328,200
Assessed 2023
Previous assessed
$328,200
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$85,200
Assessed improvement
$243,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
3,264 SF
Lot
0.56 ac (24,394 SF)
Zoning code
RB
APN
MANC M:33 B:5920 L:394
UPID
US15-1049954
Jurisdiction
MANCHESTER
Zoning & alternative use
RB · Manchester, CTZoning RB · permitted uses
RB · Manchester, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
• Allow nurseries in AA zone as a permitted principal use (it is currently allowed in the RR, RA, RB, and RC zones without a known reason for its exclusion from the AA zone). • Allow two-family residential in the AA zone…
General category
RESIDENTIAL
Building & site characteristics
From public records
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.56 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
RB
RESIDENTIAL
Jurisdiction
Manchester, CT
Recorded code
RB
Official district
RB
Official district profile
What the municipal code says about RB
Zoning description
• Allow nurseries in AA zone as a permitted principal use (it is currently allowed in the RR, RA, RB, and RC zones without a known reason for its exclusion from the AA zone). • Allow two-family residential in the AA zone…
General category
RESIDENTIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RB in Manchester, CT.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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