Technical
Financial
Distress signals
Property profile

12 Northwood Dr Bloomfield, CT 06002

OFF-MARKET
Industrial properties
Property ID
US15-0502039
4,020 SF 2.08 ac lot Built 1984
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This Bloomfield, Connecticut industrial warehouse, situated on a 2.08-acre lot at 12 Northwood Drive, presents a compelling investment opportunity. The 4,020-square-foot building, constructed in 1984, features 2,760 square feet of industrial space and 1,260 square feet of office space. The property boasts 18-foot clear ceiling heights, providing ample vertical space. Four loading docks (two at 14 feet and two at 16 feet) ensure efficient loading and unloading, complemented by one drive-in door. The building's exterior is masonry construction with a concrete foundation and asphalt shingle roof. The interior features LED and fluorescent lighting, gas heat, and air conditioning in the office area. The property has a 200-amp electrical service, and water and sewer are provided by MDC, with gas and electric services from Eversource. Parking is available at a ratio of 1.8 spaces per 1,000 square feet. The property is zoned I-2 and includes a fenced area for outside storage. The asking price is $695,000, translating to $172.89 per square foot. This property is conveniently located off Route 187, a short distance from Interstate 91, Exit 37. This property is ideal for owner-users or those seeking a redevelopment opportunity.

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,020 SF
Lot 2.08 ac (90,605 SF)
Zoning code I-2
APN BLOO M:21 L:67
UPID US15-0502039

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Landscaping General Contractor

Location

12 Northwood Dr Bloomfield, CT 06002-1911
Bloomfield metro Census 471500 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
$360k
Blend (final) Blend
$555k

Owner & transaction history

since 2025
Last sale
$625,000
5 recorded transactions
2025
$625,000
2013
$290,000
2002
$80,000
1990
Price N/A
1987
$25,950

Zoning & alternative use

I-2 · Bloomfield, CT
Top alternative use upside
Retail stores $465,000 +17.7%
Office building $445,000 +12.7%
Auto repair, garage $405,000 +2.6%

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
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