Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    716 Brk St Rocky Hill, CT 06067-3433
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    716 Brk St Rocky Hill, CT 06067-3433

    View on Map
    • Industrial properties
    • 57,800 SF
    • 5.52 lot acres
    Off-Market
    Property ID
    US15-1028320
    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.
    Value Estimations
    $5,355,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Trane Commercial Sales Office / HVAC Service / General Contractor
    • US Drug Enforcement Administration / Government Office
    • CTCPA Education Center / Consultant
    • Kyocera Document Solutions of New England / Big Box & Wholesale Store
    • Vanguard - Creative, Digital, Promo / Advertising Agency / Marketing & Advertising

    Property Details for 716 Brk St

    Year built
    2007
    Construction
    STEEL FRAME
    Lot size
    5.52 lot acres
    Property size
    57,800 SF
    Zone code
    BP
    Property type
    Industrial properties
    APN
    ROCK M:16 L:284
    APU
    ROCKM16L284

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,354,000
      Market price range: $2.41M - $5.76M
      AI Estimate
      $5,355,000
      Market price range: $1.29M - $6.37M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $4,005,000
      Current use
      RETAIL STORES
      $6,650,000
      Change: +66% Conversion: Moderate
      OFFICE BUILDING
      $6,370,000
      Change: +59% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $6,070,000
      Change: +52% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $5,795,000
      Change: +45% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $5,310,000
      Change: +33% Conversion: Difficult
      WAREHOUSE, STORAGE
      $3,225,000
      Change: -19% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Rocky Hill
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6724
    Latitude
    41.6407
    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
    $167,751
    $955,920
    $3,714,200
    $4,670,120
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.80 Acres

      39 Evans Rd

      INDUSTRIAL (GENERAL) • 0.80 Acres
      39 Evans Rd, Rocky Hill, CT 06067-3735
      View Details
    • Value Estimation
      $3,305,000
      126,556 SF

      1022 Elm St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 126,556 SF
      1022 Elm St, Rocky Hill, CT 06067-1809
      View Details
    • Value Estimation
      $1,610,000
      25,017 SF

      24 Evans Rd

      INDUSTRIAL (GENERAL) • 25,017 SF
      24 Evans Rd, Rocky Hill, CT 06067-3734
      View Details
    • Value Estimation by Request
      0.40 Acres

      17 Evans Rd

      INDUSTRIAL (GENERAL) • 0.40 Acres
      17 Evans Rd, Rocky Hill, CT 06067-3735
      View Details
    • Value Estimation by Request
      5,270 SF

      24 Laurel Rd

      INDUSTRIAL (GENERAL) • 5,270 SF
      24 Laurel Rd, Rocky Hill, CT 06067-3732
      View Details
    • Value Estimation by Request
      1,300 SF

      838 Brk St, Unit C

      CONDOMINIUMS (INDUSTRIAL) • 1,300 SF
      838 Brk St, Rocky Hill, CT 06067-3425
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,500 SF

      Fully Leased Office Building Condo

      7,500 SF fully-leased office building condo for sale.
      1850 Silas Deane Hwy, Rocky Hill, CT 06067
      View Details
    • Contact for pricing
      64,200 SF

      Rocky Hill Office/Specialty Use Building

      64,200 SF office/specialty building leased through 2036.
      525 Brook St, Rocky Hill, CT 06067
      View Details
    • Contact for pricing

      Rocky Hill Office/Specialty Use Building

      Three-story, 64,200 SF office/specialty building for sale.
      525 Brook St, Rocky Hill, CT 06067
      View Details
    • Contact for pricing

      Half Acre Lot For Sale

      Half acre lot available south of Elm Street.
      2369 Main St, Rocky Hill, CT 06067
      View Details
    • $69,000
      200 SF

      Furnished Office Suite in Rocky Hill

      Turnkey, furnished private office suite with shared amenities for sale.
      35 Cold Spring Rd, Rocky Hill, CT 06067
      View Details

    Similar Nearby for Lease

    • Sponsored
      New
      Contact for pricing

      Rocky Hill

      Discover many ways to work your way in Rocky Hill
      175 Capital Blvd, Rocky Hill, CT 06067
      View Details
    • Contact for pricing
      5,426 SF

      Industrial Building in Inwood Park

      39,000-SF industrial building with warehouse and office space.
      50 Inwood Rd, Rocky Hill, CT 06067
      View Details
    • $9 SF/Yr
      17,500 SF

      Rocky Hill Flex Building

      17,500 SF flex building for lease near I-91.
      301 Hammer Mill Rd, Rocky Hill, CT 06067
      View Details
    • $9 SF/Yr
      5,000 SF

      Flex Space in Millbrook Center

      5,000 SF flex space for lease in Rocky Hill.
      201 Hammer Mill Rd, Rocky Hill, CT 06067
      View Details
    • Contact for pricing
      13,884 SF

      Industrial Building in Inwood Park

      37,834 SF industrial building with I-91 access.
      65 Inwood Rd, Rocky Hill, CT 06067
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    716 Brk St
    Rocky Hill, CT 06067-3433
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!