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    Property profile & analytics

    480 Main St Willimantic, CT 06226-3163

    • Showrooms
    • 81,996 SF
    • 48.00 lot acres
    OFF-MARKET
    Value Estimation
    $3,680,000
    Last Sale
    Nov 19, 2021
    $3,400,000
    Location Intelligence
    Property ID
    US15-0618601
    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

    • Art Space Windham / Apartment Rental Agency / Apartment Building
    • Capture the moment 360 / Photo Booth
    • RADIO INSPIRACION DIVINA NEW ENGLAND, INC. / Radio Broadcaster

    Property Details for 480 Main St

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    48.00 lot acres
    Property size
    81,996 SF
    Zone code
    PDD5
    Property type
    Showrooms
    APN
    WNDH M:14-05 B:140 L:9-1
    APU
    WNDHM1405B140L91

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,895,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,415,000
      6.5%
      $3,120,000
      7%
      $3,145,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,085,000
      Geo Method
      $3,675,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,715,000
      Retail
      $3,185,000
      Mixed-Use
      $3,660,000
      Hospitality
      $2,935,000
      Educational
      $3,650,000
      Residential Income
      $3,600,000
      Energy
      $3,410,000
      Income-Based Land
      $3,620,000
      Food Service
      $3,530,000

    Location Insight

    • Map
    • Local Demand
    City
    Willimantic
    County
    Windham
    State
    Connecticut
    Longitude
    -72.2072
    Latitude
    41.7099
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-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
    $52,894
    $168,000
    $947,900
    $1,115,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      380 SF

      36 Lafayette St

      SHOW ROOM, WAREHOUSE • 380 SF
      36 Lafayette St, Willimantic, CT 06226-2952
      View Details
    • Value Estimation by Request
      104,500 SF

      560 Main St

      SHOW ROOM, WAREHOUSE • 104,500 SF
      560 Main St, Willimantic, CT 06226-2755
      View Details
    • Value Estimation
      $335,000
      3,389 SF

      120 Nn St

      SHOW ROOM, WAREHOUSE • 3,389 SF
      120 Nn St, Willimantic, CT 06226-2546
      View Details
    • Value Estimation
      $290,000
      3,680 SF

      2 Ann St

      SHOW ROOM, WAREHOUSE • 3,680 SF
      2 Ann St, Willimantic, CT 06226-2802
      View Details
    • Value Estimation
      $225,000
      3,639 SF

      26 Bellevue St

      SHOW ROOM, WAREHOUSE • 3,639 SF
      26 Bellevue St, Willimantic, CT 06226-2745
      View Details
    • Value Estimation
      $350,000
      1,850 SF

      58 Boston Post Rd

      SHOW ROOM, WAREHOUSE • 1,850 SF
      58 Boston Post Rd, Willimantic, CT 06226-2920
      View Details

    Similar Nearby for Sale

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      Windham Mixed-Use Investment Opportunity

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    • $300,000
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      Retail Property in Willimantic, CT

      Retail property for sale in Willimantic, Connecticut.
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    Similar Nearby for Lease

    • $144 SF/Yr
      2,000 SF

      Retail Space in Willimantic, CT

      2000 SF retail space available for lease.
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      View Details
    • $12 SF/Yr

      Downtown Willimantic Retail/Office Space

      Retail or office space in vibrant downtown Willimantic.
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      View Details
    • $2,000 /Mo

      Renovated Retail/Office Space Available

      Renovated retail or office space with bright, open layout.
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      View Details
    • $14 SF/Yr
      1,500 SF

      Retail Space Near University

      Retail space available in busy area near universities.
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      View Details
    • $18 SF/Yr
      4,912 SF

      Retail/Office Space on Route 32

      Retail and office spaces available near major retailers and universities.
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      View Details
    • $10 SF/Yr
      5,182 SF

      Downtown Willimantic Commercial Building

      Commercial building in downtown Willimantic, renovated for service-oriented organizations.
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      View Details
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    480 Main St
    Willimantic, CT 06226-3163
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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