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Property profile & analytics
OFF-MARKET
Estimated value
$1,435,000
Industrial properties
12 Research Dr Stamford, CT 06906-1419
Entity Owned
5-yr Hold
Free & Clear
Property ID
US15-0249595
Property summary
AI-generated overview
This exceptional 12,000-square-foot flex space at 12 Research Drive in Stamford, Connecticut, presents a rare opportunity for businesses seeking a versatile and strategically located industrial property. The single-story building, constructed in 1969 and renovated in 1989, offers a total of 12,000 square feet, currently available as a single contiguous unit. The property boasts a 12-foot ceiling height, providing ample vertical space for various operational needs. Convenient drive-in access is available via one loading dock. The building is classified as Class C and features robust power capabilities, including 400 amps at 1200/240-480 volts, suitable for heavy industrial applications. Located in the Glenbrook submarket within the Research Park cluster, this property benefits from its proximity to Larkin Street and enjoys excellent access to Stamford's thriving business community. The lease rate has been reduced to $19.00 per square foot, making this an attractive investment opportunity. The property's address is 12 Research Drive, Stamford, CT 06907. This is a multi-tenant building with a total of two suites.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,909 SF
Lot
0.62 ac (27,007 SF)
Zoning code
MG
APN
STAM M:002 B:1884
UPID
US15-0249595
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
-
Acme Sign Co. (Bike/Boat/Book/etc) Store Printing Service
-
Fine Fettle Dispensary - Stamford (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.44M
Owner & transaction history
Stamford Research Dr LLC · 5 yrs held
Stamford Research Dr LLC
since 2021
3 recorded transactions
Zoning & alternative use
MG · Stamford, 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 Stamford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stamford 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,215,000
Change: -10% · Conversion: Moderate
OFFICE BUILDING
$2,095,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.44M
Range $1.29M – $1.58M · ±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
$120 / 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
$42,264
Tax year 2023
Assessed value
$1,700,100
Assessed 2023
Previous assessed
$1,700,100
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$800,370
Assessed improvement
$899,730
Applied tax rate
112.0000
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
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
11,909 SF
Lot
0.62 ac (27,007 SF)
Zoning code
MG
APN
STAM M:002 B:1884
UPID
US15-0249595
Jurisdiction
STAMFORD
Zoning & alternative use
MG · Stamford, CT
Zoning MG · permitted uses
MG · Stamford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stamford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.1M
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Stamford Research Dr LLC
Entity
Free & Clear · 5 yrs held
Mailing address
40 WOODLAND ST, HARTFORD, CT 06105-2327
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2021
—
Stamford Research Dr LLC
Maxson LLC
Warranty Deed
—
Dec 19, 2008
$2,750,000
Maxon LLC
12 Rescarch Drive LLC
Warranty Deed
$1,800,000 · First County Bank
Mar 24, 2008
$1
12 Research Drive LLC
Cet Partners LLC
Warranty Deed
related
—
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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