Property summary
This exceptional commercial property, located at 501 Pepper Street in Monroe, Connecticut, offers 6,000 square feet of versatile industrial space. The building is currently configured into four separate 1,500-square-foot units, each equipped with high ceilings, a private bathroom, a private office, and a convenient drive-in door. Each unit benefits from individual metering. The property's strategic location on Pepper Street provides excellent accessibility to major transportation arteries. It's less than a minute from Route 25 and just minutes away from CT-111 (Henry Mucci Highway) and other key roadways, ensuring effortless commuting and transportation of goods. Currently, two 1,500-square-foot units are available for lease, presenting a significant opportunity for an owner-occupier seeking to establish a presence in this thriving area. The remaining 3,000 square feet are currently under lease to a single tenant with a lease extending through January 2029, providing immediate and long-term income potential. The property sits on a generous 2.4-acre lot, offering ample space for expansion or outdoor storage. This property is priced at $865,000 and represents a compelling investment opportunity in a highly desirable location.
Property profile
VerifiedCap rate & NOI
Current use
-
Metal Fabrication Plant Factory
-
Landscaping General Contractor
-
Construction Company General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I1 · Monroe, CTZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I1 in Monroe, CT.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight