Technical
Financial
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Property profile

945 Cromwell Ave Rocky Hill, CT 06067

OFF-MARKET
Showrooms
Property ID
US15-0078925
35,224 SF 3.38 ac lot Built 1979
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

Highly visible retail/office space in Rocky Hill, Connecticut's Cold Spring Plaza, located at 945 Cromwell Ave, 06067. This 11,500 square foot space, previously occupied by Ace Hardware, offers exceptional flexibility and is divisible to accommodate various tenant needs. The property boasts a prime location near major highways, with convenient access to I-91 exit 23 and just a 12-minute drive from Hartford. Benefitting from high traffic flow due to its proximity to residential areas including over 3,000 nearby condominiums and apartments, as well as established businesses such as Century Hills apartments, West Side Market, Carbone's Prime Restaurant, Starbucks, Trinity Health Care, Bank of America, and Modern Tire Auto Center. The single-story building, constructed in 1979, features a 12-foot ceiling height and ample parking with 140 spaces. The space includes a full bathroom, office space, breakroom, and a rear entrance with a convenient 12-foot overhead drive-in door. The total building size is 35,224 square feet, situated on a 3.38-acre lot. This versatile property is ideal for retail, service, or professional businesses seeking a high-visibility location with excellent accessibility and ample amenities. The property is zoned for retail, office, and restaurant uses.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1979
Construction STEEL FRAME
Total area 35,224 SF
Lot 3.38 ac (147,233 SF)
Zoning code C
APN ROCK M:16 L:262
UPID US15-0078925

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • Hair Salon
  • Nail Salon
  • Spa & Massage Center Alternative Medicine Practice
  • Restaurant

Location

945 Cromwell Ave Rocky Hill, CT 06067-3008
Rocky Hill metro Census 490303 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.53M
Blend (final) Blend
$1.76M

Owner & transaction history

since 2021
3 recorded transactions
2023
Price N/A
2021
Price N/A
2012
Price N/A

Zoning & alternative use

C · Rocky Hill, CT
Zoning description

Zoning Permit in the TC -Town Center, RC -Regional Commercial, C -Commercial, OP -Office Park, BP2 - Business Park 2 and WBP-Waterfront Business Park; subsection 2. Zoning permit in TC -Town Center and subsection 3. Zoni…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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