Technical
Financial
Distress signals
Property profile

46 Apel Pl Manchester, CT 06042

FOR SALE
Other industrial properties
Property ID
US15-0572825
6.79 ac lot
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is an industrial campus on approximately 6.7 acres containing multiple warehouse and manufacturing buildings, an office building, and an 11-bay service garage. The site is configured to support production, storage, and operational activities, with features such as high ceilings, large overhead/entry doors, and loading docks, plus on-site parking areas for employees and for vehicles/equipment. The campus layout includes a mix of smaller, medium, and larger warehouse structures intended to accommodate varying operational needs, and the service garage provides additional space adjacent to warehouse use that can support fleet servicing and storage; depending on condition and requirements, portions may be suitable for repurposing. Some buildings are reported to require repair and/or demolition. With multiple structures on a contiguous site, the property allows separation of functions such as storage, light manufacturing, and office use, and the loading, truck/employee parking, and access designed for material and equipment movement support freight, distribution, and related industrial operations.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 6.79 ac (295,772 SF)
Zoning code IND
APN MANC M:90 B:180 L:46
UPID US15-0572825

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
  • Industrial Manufacturer Production Facility
  • Fuel Supplier
  • Landscaping General Contractor

Location

46 Apel Pl Manchester, CT 06042
Manchester metro Census 514104 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2019
5 recorded transactions
2021
Price N/A
2019
Price N/A
2019
Price N/A
2011
Price N/A
2007
Price N/A

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
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