30 Alcap Rdg Cromwell, CT 06416
This exceptional 10.37-acre industrial land parcel, located at 30 Alcap Ridge in Cromwell, Connecticut (zip code 06416), presents a unique investment opportunity. Situated in Middlesex County, this property boasts convenient access to Interstate 91, specifically a half-mile proximity to Exit 21, offering seamless connectivity for logistics and transportation. The site is zoned for industrial use and features all utilities readily available at the street. The expansive lot allows for the construction of approximately 30,000 square feet of new development, catering to a variety of potential uses. Permitted uses include offices and warehousing, motor vehicle service and repair, contractor yards, and general outside material storage (subject to special permit). The asking price is $695,000, translating to $23.17 per square foot. This prime location offers a strategic advantage, being centrally located within Connecticut and a mere 28-minute drive from Bradley International Airport. Furthermore, the potential for expansion exists with additional abutting industrial land available for acquisition. This property is ideal for businesses seeking a well-connected, versatile, and expandable industrial site in a thriving Connecticut market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IND · Cromwell, CTCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.