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Property profile & analytics
FOR LEASE
Industrial properties
10 Executive Dr Farmington, CT 06032
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US15-0928836
For Lease
1 / 5
$21 SF/Yr
10 Executive Dr, Farmington, CT 06032
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Property summary
AI-generated overview
10 Executive Drive, Farmington, CT 06032 offers exceptional Class A executive office space in a prime location. This three-story building, totaling 48,000 square feet, underwent renovations in 2023, boasting a bright, two-story glass atrium lobby and updated common areas. The property features multiple tenancy options, with spaces ranging from a minimum of 2,254 square feet to a maximum contiguous space of 6,806 square feet
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1989
Total area
40,962 SF
Lot
5.19 ac (226,076 SF)
Zoning code
CR
APN
FARM M:0148 B:3-05900010
UPID
US15-0928836
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
-
Datatrax, Inc. (Bike/Boat/Book/etc) Store Corporate Office
-
Zeuslogic Inc (Bike/Boat/Book/etc) Store Corporate Office
-
CBS Radio Radio Station Telecommunications Service
-
WTIC Television Studio Media Distribution
-
WZMX Radio Station Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$790k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.55M
Blend (final)
Blend
$1.17M
Owner & transaction history
Ted LLC · 22 yrs held
Ted LLC
since 2004
5 recorded transactions
Zoning & alternative use
CR · Farmington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Intent of this to promote Industrial Uses
Zone name
Industrial
General category
INDUSTRIAL
Zone area
778.18 ac
Source
Realmo
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 Farmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmington 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
Method
Estimation
Statistic approach
by Request
ML approach
$790,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.17M
Range $1.05M – $1.29M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$29 / SF
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
$55,840
Tax year 2023
Assessed value
$2,306,500
Assessed 2023
Previous assessed
$2,306,500
+0.0% YoY
Effective rate
2.42%
On assessed value
Assessed land
$430,500
Assessed improvement
$1,876,000
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
Year built
1989
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
40,962 SF
Lot
5.19 ac (226,076 SF)
Zoning code
CR
APN
FARM M:0148 B:3-05900010
UPID
US15-0928836
Jurisdiction
FARMINGTON
Zoning & alternative use
CR · Farmington, CTZoning CR · permitted uses
CR · Farmington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Intent of this to promote Industrial Uses
Zone name
Industrial
General category
INDUSTRIAL
Zone area
778.18 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1989
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
5.19 ac
Current owner
From public records · entity-resolved
Ted LLC
Entity
Mailing address
10 EXECUTIVE DR, FARMINGTON, CT 06032-2841
Ownership since
2004
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 2, 2008
—
Ted LLC
—
Deed Of Trust
related
$5,000,000 · Peoples Bank
Jul 1, 2004
$4,400,000
Ted LLC
New Boston Farm LP
Warranty Deed
$3,520,000 · Peoples Bank
Jul 21, 1995
—
4-life Products INC
—
Deed Of Trust
related
$70,000 · Fcp Land Holding LLC
Jul 20, 1995
$250,000
4 Life Products INC
Fcp Land Holding LLC
Warranty Deed
$70,000 · Zenon Grzybowski
Dec 22, 1989
—
Fcp Ltd Partnership I
—
Deed Of Trust
related
$4,900,000 · Zuckerman Family Nomi
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.
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