30 Alcap RdgCromwell, CT 06416

  • Industrial properties
  • 3,750 SF
For Sale
$695,000 View listing

Property Details for 30 Alcap Rdg

Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
10.37 AC
Property size (Sq ft)
3,750 SF
Zone code
IND
Property type
Industrial properties
Property subtype
Other industrial properties
APN
CROM M:00089200
APU
CROMM00089200

Description

This exceptional 10.37-acre industrial land parcel, located at 30 Alcap Ridge in Cromwell, Connecticut (zip code 06416), presents a unique investment opportunity. Situated in Middlesex County, this property boasts convenient access to Interstate 91, specifically a half-mile proximity to Exit 21, offering seamless connectivity for logistics and transportation. The site is zoned for industrial use and features all utilities readily available at the street. The expansive lot allows for the construction of approximately 30,000 square feet of new development, catering to a variety of potential uses. Permitted uses include offices and warehousing, motor vehicle service and repair, contractor yards, and general outside material storage (subject to special permit). The asking price is $695,000, translating to $23.17 per square foot. This prime location offers a strategic advantage, being centrally located within Connecticut and a mere 28-minute drive from Bradley International Airport. Furthermore, the potential for expansion exists with additional abutting industrial land available for acquisition. This property is ideal for businesses seeking a well-connected, versatile, and expandable industrial site in a thriving Connecticut market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $709,647
    Hospitality
    $650,033
    Educational
    $540,819
    Medical
    $559,419
    Retail
    $841,275
30 Alcap Rdg, Cromwell, Connecticut

Location Insight

City
Cromwell
County
Middlesex
State
Connecticut
Latitude
41.6105
Longitude
-72.7101
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
$7,181
$210,490
$33,670
$244,160
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