Technical
Financial
Distress signals
Property profile

408 Somers Rd Ellington, CT 06029

OFF-MARKET
Parking lots & garages
Property ID
US15-0263733
11,129 SF 1.48 ac lot Built 1980
Individually Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1980
Construction STEEL FRAME
Total area 11,129 SF
Lot 1.48 ac (64,469 SF)
Zoning code I
APN ELLI M:121 B:029 L:0000
UPID US15-0263733

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
  • Auto Repair Shop

Location

408 Somers Rd Ellington, CT 06029-2639
Ellington metro Census 535102 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2005
3 recorded transactions
2012
Price N/A
2005
$650,000
2002
$262,000

Zoning & alternative use

I · Ellington, CT
Zoning description

Industrial Zone I Industrial Park Zone IP Flood Plain Flood Plain District FP 1.3.2 Zoning Map and Boundaries A. The boundaries of these zones are established as shown on the Zoning Map, Ellington, Connecticut, effective…

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
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