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Property profile & analytics
OFF-MARKET
Showrooms
5 Commerce Dr Cromwell, CT 06416-1173
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US15-0746104
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2005
Construction
STEEL FRAME
Total area
12,108 SF
Lot
1.48 ac (64,469 SF)
Zoning code
IND
APN
CROM M:10406500
UPID
US15-0746104
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
-
UGAJD Oswald & Associates Insurance Agency
-
HealthMarkets Insurance - Stephen Ellis Insurance Agency
-
HealthMarkets Insurance - Walter Taylor Insurance Agency
-
HealthMarkets Insurance - Ron Brown Insurance Agency
-
HealthMarkets Insurance Agency Insurance Agency
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
Unhh LLC · 2 yrs held
Unhh LLC
since 2023
Last sale
$250,000
4 recorded transactions
Zoning & alternative use
IND · Cromwell, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Cromwell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cromwell 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$43,513
Tax year 2023
Assessed value
$1,479,520
Assessed 2023
Previous assessed
$1,479,520
+0.0% YoY
Effective rate
2.94%
On assessed value
Assessed land
$340,270
Assessed improvement
$1,139,250
Applied tax rate
256.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Total area
12,108 SF
Lot
1.48 ac (64,469 SF)
Zoning code
IND
APN
CROM M:10406500
UPID
US15-0746104
Jurisdiction
CROMWELL
Zoning & alternative use
IND · Cromwell, CT
Zoning IND · permitted uses
IND · Cromwell, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cromwell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Lot
1.48 ac
Current owner
From public records · entity-resolved
Unhh LLC
Entity
Mailing address
961 WETHERSFIELD AVE, HARTFORD, CT 06114-3137
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2023
—
Unhh LLC
Ijan 2 Ct Realty LLC
Quit Claim Deed
related
$700,000 · Suma FCU
May 2, 2017
—
Ijan 2 Ct Realty LLC
Prime Locations Of Ct LLC
Quit Claim Deed
related
—
Aug 8, 2008
—
Prime Locations Conn LLC
—
Deed Of Trust
related
$100,000 · Bryn Mawr Trust Co
Feb 4, 2005
$250,000
Prime Locations Ct LLC
Coles Brook Assoc LLC
Warranty Deed
$1,700,000 · Zuckerman Family Nomi
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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