Property profile

500 Enterprise Dr Rocky Hill, CT 06067

OFF-MARKET
Showrooms
Property ID
US15-0230406
331,703 SF 32.72 ac lot Built 1988
Entity Owned 13-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

500 Enterprise Drive is a four-story, 305,000-square-foot office building located within the Corporate Ridge Office Park in Rocky Hill, Connecticut. The building features expansive banded windows and a four-story atrium lobby, and it is sited within a landscaped 230-acre executive office park with ample parking and adjacent hotel and conference facilities, including a Sheraton. On-site amenities include a fitness center, a conference center, and a cafeteria. The property is positioned for convenient access to Interstate 91, with additional services and businesses nearby, including a Marriott, restaurants, and banks. Corporate Ridge is an office campus that has housed major employers including EMC Corporation, Zurich Insurance, United Healthcare, MetLife, AT&T, Verizon, Henkel, and WFSB TV 3’s broadcast headquarters.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1988
Construction STEEL FRAME
Total area 331,703 SF
Lot 32.72 ac (1,425,283 SF)
Zoning code OP
APN ROCK M:16 L:271
UPID US15-0230406

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Construction Company
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Medical Clinic
  • Physician

Location

500 Enterprise Dr Rocky Hill, CT 06067-3913
Rocky Hill metro Census 524200 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$17.91M
Blend (final) Blend
$17.91M

Owner & transaction history

since 2012
7 recorded transactions
2022
Price N/A
2012
$36.5M
2009
Price N/A
2003
Price N/A
2000
$2.6M
1995
Price N/A
1992
Price N/A

Zoning & alternative use

OP · Rocky Hill, CT
Zoning description

Zoning Permit in the TC -Town Center, RC -Regional Commercial, C -Commercial, OP -Office Park, BP2 - Business Park 2 and WBP-Waterfront Business Park; subsection 2. Zoning permit in TC -Town Center and subsection 3. Zoni…

General category OPEN_SPACE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 500 Enterprise Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message