Property profile

10 Melrose Dr Ste 5 Farmington, CT 06032

OFF-MARKET
Office Spaces
Property ID
US15-1171649
637 SF Built 1989
Entity Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1989
Total area 637 SF
Zoning code BR
APN FARM M:0063 B:15A1-9450001005
UPID US15-1171649

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10 Melrose Dr Ste, Unit 5 Farmington, CT 06032-2260
Farmington metro Census 460203 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2023
Last sale
$450,000
1 recorded transaction
2023
$450,000

Zoning & alternative use

BR · Farmington, CT
Zoning description

The Intent of this to promote Business Restricted Uses

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10 Melrose Dr Ste, Unit 5?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message