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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Industrial properties
11 Alcap Rdg Cromwell, CT 06416-1036
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US15-0152084
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1978
Construction
FRAME
Total area
13,028 SF
Lot
1.86 ac (81,022 SF)
Zoning code
IND
APN
CROM M:00362800
UPID
US15-0152084
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
-
Complete Construction Services Construction Company General Contractor
-
Islamic Council-Middlesex County Church Mosque
-
DiDomenico Hotrods Auto Repair Shop
-
Savage Ronin Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$604k
Blend (final)
Blend
$555k
Owner & transaction history
11 Alcap Ridge LLC · 19 yrs held
11 Alcap Ridge LLC
since 2007
5 recorded transactions
Zoning & alternative use
IND · Cromwell, 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 Cromwell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cromwell 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
$505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$43 / 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
$22,932
Tax year 2023
Assessed value
$779,730
Assessed 2023
Previous assessed
$779,730
+0.0% YoY
Effective rate
2.94%
On assessed value
Assessed land
$83,020
Assessed improvement
$696,710
Applied tax rate
256.0000
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
Off-Market
Year built
1978
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
9
Rooms
7
Bathrooms
380
Total area
13,028 SF
Lot
1.86 ac (81,022 SF)
Zoning code
IND
APN
CROM M:00362800
UPID
US15-0152084
Jurisdiction
CROMWELL
Zoning & alternative use
IND · Cromwell, CTZoning IND · permitted uses
IND · Cromwell, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
9
Rooms
7
Bathrooms
380
Lot
1.86 ac
Current owner
From public records · entity-resolved
11 Alcap Ridge LLC
Entity
Mailing address
1420 MAIN ST, GLASTONBURY, CT 06033-3110
Ownership since
2007
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
Mar 12, 2019
—
Alcap Ridge LLC
—
Deed
related
$600,000 · Webster Bank
Jan 2, 2007
$721,000
11 Alcap Ridge LLC
Northborough Rlty Hol
Warranty Deed
$580,000 · Wachovia Bank NA
Mar 14, 2003
—
Northborougn Recovery Svc
—
Deed Of Trust
related
$250,000 · Sovereign Bank
Apr 26, 1991
—
John Pelletier
—
Deed Of Trust
related
$82,000 · Ct Natl Bk
Sep 20, 1990
—
John Pelletier
—
Deed Of Trust
related
$75,000 · Ct Natl Bk
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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