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Property profile & analytics
FOR LEASE
Industrial properties
46 Apel Pl Manchester, CT 06042
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US15-0572825
For Lease
1 / 33
$1,500,000 SF/Yr
46 Apel Pl, Manchester, CT 06042
View Listing →
Property profile
Verified
Property type
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Manchester Barbecue Pellets Industrial Manufacturer Production Facility
-
Manchester Heating Pellets Fuel Supplier
-
White Oak Landscaping & Lawncare, Inc Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Apel Mill LLC · 6 yrs held
Apel Mill LLC
since 2019
5 recorded transactions
Zoning & alternative use
IND · Manchester, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$48,732
Tax year 2023
Assessed value
$1,310,000
Assessed 2023
Previous assessed
$1,310,000
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$508,100
Assessed improvement
$801,900
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Heating
NONE
Buildings
5
Units
1
Lot
6.79 ac (295,772 SF)
Zoning code
IND
APN
MANC M:90 B:180 L:46
UPID
US15-0572825
Jurisdiction
MANCHESTER
Zoning & alternative use
IND · Manchester, CT
Zoning IND · permitted uses
IND · Manchester, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manchester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
5
Units
1
Lot
6.79 ac
Current owner
From public records · entity-resolved
Apel Mill LLC
Entity
Mailing address
18 WLS HL RD, EASTON, CT 06612-1525
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2021
—
Apel Mill LLC
—
Deed
related
$1,546,457 · Webster Bank
Jul 23, 2019
—
Apel Mill LLC
Apel Manchester LLC
Quit Claim Deed
related
$750,000 · Miscellaneous Fin & Mtg Co
Jun 3, 2019
—
Apel Manchester LLC
Central Connecticut Coop
Quit Claim Deed
related
—
Jan 26, 2011
—
Central Ct Coop Farmers
—
Deed Of Trust
related
$1,600,000 · Zions First National Bank
May 22, 2007
—
Central Conn Corp Assoc
—
Deed Of Trust
related
$4,000,000 · Zions First National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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