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Property profile & analytics
OFF-MARKET
Industrial properties

501 Pepper St Monroe, CT 06468-2686

6,000 SF 2.4 ac lot Built 2001
Entity Owned 1-yr Hold Free & Clear
Property ID
US15-0814532
Property summary
AI-generated overview

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
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2001
Construction STEEL FRAME
Total area 6,000 SF
Lot 2.4 ac (104,544 SF)
Zoning code I1
APN MONR M:094 B:007 L:00
UPID US15-0814532
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
  • New Age Motorsports Metal Fabrication Plant Factory
  • Bartlett Tree Experts Landscaping General Contractor
  • Plumbuilders Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Northwood Ret LLC · 1 yrs held
Northwood Ret LLC
since 2025
3 recorded transactions
2025
$625,000
2011
Price N/A
2000
$210,000
Zoning & alternative use
I1 · Monroe, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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