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Property profile & analytics
OFF-MARKET
Office Spaces

50 Academy Hill Rd Plainfield, CT 06374

7,088 SF 1.08 ac lot Built 1998
Property ID
Property summary
AI-generated overview

This exceptional two-story, 7,088 square foot commercial office building, situated on a 1.08-acre lot in Plainfield, CT (06374), presents a compelling investment opportunity. Built in 1998, the property features two buildings with five units, offering a mix of traditional, medical, and creative office spaces. Currently boasting a 90% occupancy rate with high-quality tenants including Re/Max Realty and Allstate Insurance, this property provides a stable income stream. The property's strategic location, just one mile from a newly built Amazon warehouse and a half-mile from a major highway, ensures high visibility and accessibility. The asking price is $674,900, representing a pro forma 10% cap rate. The property includes ample on-site parking and is zoned C2. The well-maintained building offers flexible space adaptable to various business needs, making it an ideal investment for long-term growth. The property's features include modern design, professional landscaping, and attention to detail. This is a prime commercial real estate investment in a high-demand market. The property's Asset Property Number (APN) is 01P 0056 0045. All information is deemed reliable but should be independently verified.

Property profile
Verified
Property type Office Spaces
Year built 1998
Total area 7,088 SF
Lot 1.08 ac (47,045 SF)
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
  • June Mathieu Lcsw Physician
  • Family Counseling Center Counselor
  • Hearing Aid & Audiology Associates Medical Clinic
  • Dr. Peter J. Rosenberg, MD Physician
  • Jack Gregory B Counselor Doctor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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