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Property profile & analytics

406 Somers Rd Ellington, CT 06029-2629

  • Parking lots & garages
  • 1,536 SF
  • 0.92 lot acres
OFF-MARKET
Value Estimation
$240,000
Location Intelligence
Property ID
US15-0831489
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Parking lots & garages

Property Details for 406 Somers Rd

Year built
1980
Construction
FRAME
Lot size
0.92 lot acres
Property size
1,536 SF
Zone code
I
Property type
Parking lots & garages
APN
ELLI M:121 B:028 L:0000
APU
ELLIM121B028L0000

Description

This exceptional 1,984 square foot commercial building is situated on a highly visible 0.92-acre lot at 406 Somers Road in Ellington, CT. Boasting approximately 200 feet of frontage on busy Route 83, this property enjoys excellent exposure next to Ellington Airport and a motorcycle dealership, ensuring high traffic and visibility. The building features three garage bays with overhead doors, offering ample space for various uses. The 8-foot ceilings provide generous vertical clearance. The expansive lot, measuring approximately 190 feet by 200 feet, allows for ample parking, with the potential to accommodate 60+ vehicles. The building is currently in shell condition, ready for renovation to suit the buyer's specific needs. Public water and sewer connections are readily available at the street, offering a convenient alternative to the existing well and septic system. The seller is open to considering cooperative build-out arrangements and seller-held financing options, providing flexibility for potential buyers. This property presents a unique opportunity for a wide range of commercial ventures, from automotive sales and repair to warehousing and retail businesses. Its prime location and versatile layout make it an ideal investment for entrepreneurs seeking a high-traffic, easily accessible location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $250,000
  • CAP approach

    CAP return
    Estimation
    6%
    $190,000
    6.5%
    $200,000
    7%
    $190,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $205,000
    Geo Method
    $210,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $205,000
    Retail
    $190,000
    Mixed-Use
    $210,000
    Hospitality
    $210,000
    Educational
    $215,000
    Residential Income
    $185,000
    Energy
    $230,000
    Income-Based Land
    $210,000
    Food Service
    $175,000

Location Insight

  • Map
  • Local Demand
City
Ellington
County
Tolland
State
Connecticut
Longitude
-72.4556
Latitude
41.9269
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,494
$69,990
$31,890
$101,880
-
$0.00
$0.00
$0.00
More about this property
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