Property profile

4 Alcap Rdg Cromwell, CT 06416

OFF-MARKET
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Property ID
US15-0929526
21,300 SF 1.78 ac Built 1968
Last sale Sep 2013·$580,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a flex building totaling 4,120 square feet, configured with an approximately even split between warehouse and office space. The warehouse area features a 12' x 12' loading dock and an interior clear ceiling height of 16 feet. The office portion includes a reception area, two private offices, a kitchenette, and two restrooms. The site also provides outdoor storage. Building systems and interior lighting include updated HVAC with gas Modine heaters and LED lighting. The property is located at 4 Alcap Ridge in Cromwell, with access to I-91, I-84, and Route 9.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value$689k
Assessed land$100k
Assessed improvement$589k
Effective rate2.94%

Value estimate

· Nov 2026
$640k
$576k – $704k
AI approach$640k
Submarket $/SF estimate$652k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$44 – $116
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IND
JurisdictionCROMWELL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.1
Spa & Massage13.8
Dental Office13.3

Location

4 Alcap Rdg Cromwell, CT 06416-1002
County assessor Recorded deeds · 1 transfer 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
900 Corporate, Cromwell, CT 06416-2087 $770,000 Oct 2024 5,938 SF
10 Progress, Cromwell, CT 06416-1034 $730,000 May 2024 7,350 SF
231 Shunpike, Cromwell, CT 06416-1121 $87,000 Dec 2022 10,812 SF
9 Progress, Cromwell, CT 06416-1035 $600,000 Apr 2022 5,970 SF
5 Progress, Cromwell, CT 06416-1035 $1,750,000 Aug 2021 23,240 SF
40 Commerce, Cromwell, CT 06416-1167 $400,000 Mar 2019 11,490 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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