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Property profile & analytics
OFF-MARKET
Estimated value
$1,615,000
Industrial properties
28 Belamose Ave Rocky Hill, CT 06067-3795
Entity Owned
28-yr Hold
Free & Clear
Property ID
US15-0675688
Property summary
AI-generated overview
This 3,275 square foot flex space, located at 28 Belamose Avenue in Rocky Hill, Connecticut, is immediately available for lease. Situated within the Rocky Hill Industrial Park, this single-story building offers a desirable location with excellent visibility. The unit boasts a 20-foot clear ceiling height, perfect for various uses. Access is convenient with one 12' x 14' drive-in door and access to a shared loading dock. The property features a total of 28,000 square feet, with a minimum divisible space of 3,275 square feet. The building sits on a 3.76-acre lot, providing ample space and a 425-foot frontage on Belamose Avenue. Parking is abundant with 70 spaces available, offering a parking ratio of 2.5 spaces per 1,000 square feet. The property includes 600 amp, 3-phase power. Built in 1999, the building is zoned OP and offers a functional and efficient layout. This space is ideal for businesses seeking a versatile and well-located industrial or flex space in a thriving Connecticut community. The zip code is 06067.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
28,000 SF
Lot
4.76 ac (207,346 SF)
Zoning code
OP
APN
ROCK M:18 L:094
UPID
US15-0675688
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
-
CT Emissions State Government Office
-
Kristina Dion Business Management Consultant Marketing Consultant
-
Applus Technologies Inc Business To Business Service
-
Patterson Dental Dental Office
-
Agbar Technologies Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.62M
Owner & transaction history
Nocarp LLC · 28 yrs held
Nocarp LLC
since 1997
2 recorded transactions
Zoning & alternative use
OP · Rocky Hill, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.6M
+32.6%
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 Rocky Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rocky Hill 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
INDUSTRIAL (GENERAL)
$1,940,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,575,000
Change: +33% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,560,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$1.62M
Range $1.45M – $1.78M · ±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
$58 / 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
$50,565
Tax year 2023
Assessed value
$1,407,700
Assessed 2023
Previous assessed
$1,407,700
+0.0% YoY
Effective rate
3.59%
On assessed value
Assessed land
$409,640
Assessed improvement
$998,060
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
28,000 SF
Lot
4.76 ac (207,346 SF)
Zoning code
OP
APN
ROCK M:18 L:094
UPID
US15-0675688
Jurisdiction
ROCKY HILL
Zoning & alternative use
OP · Rocky Hill, CT
Zoning OP · permitted uses
OP · Rocky Hill, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rocky Hill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
WAREHOUSE, STORAGE
Est. value
$1.6M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
4.76 ac
Current owner
From public records · entity-resolved
Nocarp LLC
Entity
Free & Clear · 28 yrs held
Mailing address
PO BOX 656, ROCKY HILL, CT 06067-0656
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 1999
—
Nocarp LLC
—
Deed Of Trust
related
$100,000 · Savings Bank Of Manchester
Dec 15, 1997
$150,000
Nocarp LLC
Pracon,david J
Grant Deed
—
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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