35 Commerce Dr, Cromwell, CT 06416-1167
- Industrial properties
- 5,334 SF
- 1.11 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 35 Commerce Dr
- Year built
- 2015
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.11 lot acres
- Zone code
- IND
- Property type
- Industrial properties
- APN
- CROM M:10406800
- APU
- CROMM10406800
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 7, 2022 | $662,500 | Elec Workers Local Union | Luke Dimaria | Warranty Deed | $530k · Bank Of Labor |
| Sep 28, 2012 | $124,000 | Luke Dimaria | Mpm Ent LLC | Warranty Deed | — |
| Mar 6, 2007 | $90,000 | Mpm Entertainment LLC | Coles Brk Commerce Pk LLC | Warranty Deed | — |
Description
This ±1.11-acre site in Cromwell, Connecticut, offers a ±5,328 square foot industrial shell building, perfect for distribution, flex, or warehouse operations. Built in 2015, the single-story building boasts a 16-foot ceiling height, providing ample storage and operational space. The property is zoned IND, allowing for a variety of industrial uses. Its convenient location offers easy access to I-91 and Route 3, ensuring efficient transportation and logistics. The site is situated near local amenities, including banks, shopping centers, and restaurants, providing convenience for employees and clients. With its expansive lot size, there's potential for future expansion, making this property a versatile and valuable asset. The address is 35 Commerce Drive, Cromwell, CT 06416, in Middlesex County. This exceptional opportunity combines functionality, accessibility, and growth potential in a thriving Connecticut location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $640,000
- ML approach
- $640,000
-
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $445,000 Current use
- COMMERCIAL (GENERAL)
- $645,000 Change: +45% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $565,000 Change: +28% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Cromwell
- County
- Middlesex
- State
- Connecticut
- Longitude
- -72.6788
- Latitude
- 41.6316
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
