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Property profile & analytics
OFF-MARKET
Industrial properties

30 Alcap Rdg Cromwell, CT 06416

3,750 SF 10.37 ac lot Built 2005
Entity Owned 19-yr Hold Free & Clear
Property ID
US15-1093736
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,750 SF
Lot 10.37 ac (451,717 SF)
Zoning code IND
APN CROM M:00089200
UPID US15-1093736
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rocky Hill Materials LLC · 19 yrs held
Rocky Hill Materials LLC
since 2007
2 recorded transactions
2007
$337,500
1993
Price N/A
Zoning & alternative use
IND · Cromwell, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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