Realmo Analytics

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Property profile

6 Progress Dr Cromwell, CT 06416

OFF-MARKET
Showrooms
Property ID
US15-0591861
91,005 SF 11.04 ac lot Built 1968
Last sale Mar 1999 · $125,000
Individually Owned Owner of record is an individual. 27-yr Hold Held for 27 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Cromwell, CT office space offers 2,288 square feet of immediately available space within a larger 98,285 square foot building. The property, built in 1968, is a single-story structure with ample parking (30+ spaces) and is ideally suited for a variety of uses, including traditional office, medical office, or creative office tenants. The space is easily subdivided to accommodate specific business needs. Its previous use as a physical therapy office provides a head start for…

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?
$161k
Tax billed · 2023
Assessed value$5.47M
Assessed land$361k
Assessed improvement$5.11M
Effective rate2.94%

Value estimate

· Nov 2026
$5.84M
$5.26M – $6.42M
Submarket $/SF estimate$6.33M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$121/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$60 – $196
Qualifying comparables4

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: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage11.2
Dental Office10.1
Garden Center10.0

Location

6 Progress Dr Cromwell, CT 06416-1055
County assessor Recorded deeds · 5 transfers 4 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
55 Sebethe, Cromwell, CT 06416-1054 $500,000 Oct 2024 38,024 SF
27 Coles, Cromwell, CT 06416-2606 $373,000 Apr 2024 5,425 SF
2 Willowbrook, Cromwell, CT 06416-2505 $1,850,000 Mar 2024 13,525 SF
5 Commerce, Cromwell, CT 06416-1173 $250,000 Oct 2023 12,108 SF
604 Main, Cromwell, CT 06416-1444 $1,020,000 Jan 2023 5,982 SF
194 Shunpike, Cromwell, CT 06416-1128 $585,000 Nov 2022 11,200 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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