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Property profile & analytics

6 Progress Dr Cromwell, CT 06416-1055

  • Showrooms
  • 91,005 SF
  • 11.04 lot acres
OFF-MARKET
Value Estimations
$5,840,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US15-0591861
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Cromwell Ice Rink / Ice Skating Rink
  • Champions Skating Center / Ice Skating Rink
  • Hartford Wolfpack Hockey Club / Recreation
  • Valley Physical Therapy-Ct / Physical Therapy Clinic / Physical Therapist
  • Champions Training and Aquatic Center / Fitness Center

Property Details for 6 Progress Dr

Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
11.04 lot acres
Property size
91,005 SF
Zone code
IND
Property type
Showrooms
APN
CROM M:00521400
APU
CROMM00521400

Description

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 healthcare professionals, with existing features such as a full bathroom and lockers already in place. The location offers excellent accessibility, with close proximity to Route 91, serving Cromwell and East Berlin. The surrounding area boasts numerous amenities, including hockey rinks, a full-service gym, and a pool, ensuring a high volume of potential clients. The monthly rent is $2500 NNN. This versatile space presents a unique opportunity for businesses seeking a well-located, amenity-rich office environment. The building is multi-tenant, providing a collaborative atmosphere. The available space is part of a larger building, offering potential for expansion or synergy with other businesses. The existing infrastructure is suitable for a variety of office uses, making it an attractive option for diverse businesses. The convenient location and surrounding amenities make this property a highly desirable location for businesses seeking a thriving and accessible location.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $6,331,000
    Market price range: $5.45M - $17.8M
    AI Estimate
    $5,347,000
    Market price range: $4.82M - $14.1M
  • Alternative Use

    Use
    Estimation
    APARTMENT HOUSE (5+ UNITS)
    $9,670,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Cromwell
County
Middlesex
State
Connecticut
Longitude
-72.7111
Latitude
41.6144
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$160,756
$360,500
$5,105,520
$5,466,020
-
$0.00
$0.00
$0.00
More about this property
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