Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Industrial properties
600 Corporate Row Cromwell, CT 06416-2065
Entity Owned
2-yr Hold
Free & Clear
Property ID
US15-0146183
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1988
Construction
STEEL FRAME
Total area
5,928 SF
Lot
0.63 ac (27,443 SF)
Zoning code
IND
APN
CROM M:00101800
UPID
US15-0146183
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
-
Adelbrook Human Resources Charitable Organization Social Service Agency
-
Financial Security Planners Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$635k
Blend (final)
Blend
$645k
Owner & transaction history
Brg Family Ctr INC · 2 yrs held
Brg Family Ctr INC
since 2024
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
IND · Cromwell, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$715,000
+45.1%
Apartment house (5+ units)
$630,000
+27.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cromwell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cromwell submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$495,000
Current use
COMMERCIAL (GENERAL)
$715,000
Change: +45% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$630,000
Change: +28% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $650k (May 1 2024)
Last sale anchor
$650k
May 1 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$109 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,893
Tax year 2023
Assessed value
$506,380
Assessed 2023
Previous assessed
$506,380
+0.0% YoY
Effective rate
2.94%
On assessed value
Assessed land
$73,290
Assessed improvement
$433,090
Applied tax rate
256.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Rooms
1
Total area
5,928 SF
Lot
0.63 ac (27,443 SF)
Zoning code
IND
APN
CROM M:00101800
UPID
US15-0146183
Jurisdiction
CROMWELL
Zoning & alternative use
IND · Cromwell, CTZoning IND · permitted uses
IND · Cromwell, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$495,000
COMMERCIAL (GENERAL)
Est. value
$715,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$630,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Rooms
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Brg Family Ctr INC
Entity
Free & Clear · 2 yrs held
Mailing address
600 PO BOX 159TH ROW, CROMWELL, CT 06416-0159
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2024
$650,000
Brg Family Ctr INC
Trilacon Holdings LLC
Warranty Deed
—
Dec 1, 2003
$575,000
Trilacon Holdings LLC
Corporate Row Assoc LLC
Warranty Deed
related
$450,000 · Zmc Trust Et Al 2nd
Jan 11, 2002
—
Corporate Row Assoc
—
Deed Of Trust
related
$150,000 · North American Bank & Trust
May 19, 2000
—
Corp Row Assoc LLC
—
Deed Of Trust
related
$200,000 · Savings Bank Of Manchester
Jan 12, 1999
$300,000
Corp Row Assoc LLC
Palumbo,william
Warranty Deed
$250,000 · Zenon Grzybowski
May 15, 1991
$335,000
William Palumbo
150 Bradley Assoc
Warranty Deed
$235,000 · New Haven Savings Bank
Oct 27, 1988
$595,000
150 Bradley Assoc
Corporate Park
Grant Deed
$476,000 · Connecticut Bank & Trust
Jun 29, 1988
—
Corporate Park
—
Deed Of Trust
related
$470,000 · Connecticut National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 600 Corporate Row?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
