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Property profile & analytics
OFF-MARKET Estimated value $880,000
Industrial properties

62 Spg Hl Rd Trumbull, CT 06611-1328

11,622 SF 2.15 ac lot Built 1985
Individually Owned 29-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US15-0235648
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,622 SF
Lot 2.15 ac (93,654 SF)
Zoning code I-L2
APN TRUM M:D-01 L:00033 U:000
UPID US15-0235648
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
  • Creative Solutions for All Abilities Consultant
  • DSO Plumbing and Mechanical Plumbing Service General Contractor
  • Long Hill Tree & Lawn Care Services Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$880k
Owner & transaction history
Warren R Jacques · 29 yrs held
Warren R Jacques
since 1997
3 recorded transactions
1997
Price N/A
1996
Price N/A
1993
Price N/A
Zoning & alternative use
I-L2 · Trumbull, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

4.1 Industrial Zone I-L (Light Industry - 5 acres), Industrial Zone I-L2 (Light Industry - 2 acres), and Industrial Zone I-L3 (Light Industry - 3 acres) 4.1.1 Permitted Principal Uses: Within the Industrial Zone I-L (Light Industry - 5 acres), Industrial Zone I-L2 (Light Industry - 2 acres), and Industrial Zone I-L3 (Light Industry - 3 acres), no building or…

Zone name Light Industry 2 Acres
General category INDUSTRIAL
Zone area 263.25 ac
Top alternative use upside
Office building $1.4M +33.1%
Apartment house (5+ units) $1.4M +28.4%
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