Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    (855) 450-0442
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Connecticut

    Massachusetts

    Property Types

    • Land
    • Residential Multi Family
    • Commercial Sale
    • Commercial Lease

    Listings

    For Sale (12)

    View map
    Norwich Triplex Opportunity
    $240,000
    2,416 SF

    Norwich Triplex Opportunity

    Three-unit home in Norwich with ample living space.

    220 Franklin St, Norwich, CT 06360
    View details
    Residential Lot Near Weeki Wachee
    $50,000
    0.48 Acres

    Residential Lot Near Weeki Wachee

    Residential lot in a rapidly growing area near Weeki Wachee.

    18240 Maberly Rd, Weeki Wachee, FL 34614
    View details
    Residential Lot in Weeki Wachee
    $50,000
    0.46 Acres

    Residential Lot in Weeki Wachee

    Prime residential lot near Weeki Wachee Springs State Park.

    18114 Malibar Rd, Weeki Wachee, FL 34614
    View details
    Established Gas Station For Sale
    $1,699,000
    2,900 SF

    Established Gas Station For Sale

    Mobil-branded gas station with convenience store on 0.99 acres.

    226 Norwich Westerly Rd, North Stonington, CT 06359
    View details
    Waterfront Land on Oxoboxo Lake
    $35,000
    0.46 Acres

    Waterfront Land on Oxoboxo Lake

    Corner lot with frontage on Oxoboxo Lake in Montville, CT.

    33A Laurel Point Dr, Montville, CT 06370
    View details
    East Granby Commercial Property
    Contact for pricing
    7,432 SF

    East Granby Commercial Property

    Versatile commercial property in East Granby, suitable for various uses.

    6 Creamery Brk East Granby, East Granby, CT 06026
    View details
    Established Gas Station For Sale
    $1,699,000
    2,900 SF

    Established Gas Station For Sale

    Mobil gas station with convenience store on 0.99 acres.

    226 Norwich Westerly Rd, North Stonington, CT 06359
    View details
    Established Auto Body Repair Shop
    Contact for pricing

    Established Auto Body Repair Shop

    Turnkey auto body and collision repair shop for sale.

    108 Rainbow Rd, East Granby, CT 06026
    View details
    East Hartford Two-Family Opportunity
    $200,000

    East Hartford Two-Family Opportunity

    Two-family home with income potential and customization options.

    74 Woodbridge Ave, East Hartford, CT 06108
    View details
    Norwich Triplex Opportunity
    $240,000
    2,416 SF

    Norwich Triplex Opportunity

    Three-unit home with ample space and off-street parking.

    220 Franklin St, Norwich, CT 06360
    View details
    Freestanding Commercial Building on Corner Lot
    Contact for pricing
    1,002 SF

    Freestanding Commercial Building on Corner Lot

    Commercial building suitable for cafe, boutique, office, salon, market.

    271 Baileyville Rd, Middlefield, CT 06455
    View details
    Income-Generating Mixed-Use Property
    $675,000

    Income-Generating Mixed-Use Property

    Fully occupied mixed-use property with income and growth potential.

    845 E Main St, Bridgeport, CT 06608
    View details

    For Lease (16)

    View map
    Updated Office Space Available Now
    $1,450 / Mo
    855 SF

    Updated Office Space Available Now

    Versatile 855 SF office space for immediate occupancy.

    670 Newfield St, Middletown, CT 06457
    View details
    Freestanding Commercial Building in Middlefield
    $1,450 / Mo
    1,002 SF

    Freestanding Commercial Building in Middlefield

    High-visibility commercial space suitable for various business ventures.

    271 Baileyville Rd, Middlefield, CT 06455
    View details
    Commercial Office Space on East Main
    $1,000 / Mo
    900 SF

    Commercial Office Space on East Main

    Conveniently located office space in the heart of Meriden, CT.

    264 E Main St, Meriden, CT 06450
    View details
    Divisible Office Space For Lease
    Contact for pricing

    Divisible Office Space For Lease

    Office space for lease with highway access and flexible layouts.

    6 Creamery Brk, East Granby, CT 06026
    View details
    Prime Southwick Commercial Property
    $15 SF/Yr
    3,500 SF

    Prime Southwick Commercial Property

    Two Buildings, Ample Parking, Flexible Lease Terms

    151 Point Grove Rd, Southwick, MA 01077
    View details
    Renovated Freestanding Retail Building
    $4,000 / Mo
    2,400 SF

    Renovated Freestanding Retail Building

    2,400 SF renovated building suitable for various retail uses.

    115 Main St, Winchester, CT 06098
    View details
    Meriden Office Space For Rent
    $1,000 / Mo
    900 SF

    Meriden Office Space For Rent

    Conveniently located office space in the heart of Meriden.

    264 East Main St, Meriden, CT 06450
    View details
    Updated Duplex Near Downtown Middletown
    $1,900 / Mo

    Updated Duplex Near Downtown Middletown

    Charming, updated duplex unit near downtown and Wesleyan University.

    94 Liberty St, Middletown, CT 06457
    View details
    Updated Wallingford Apartment For Rent
    $1,350 / Mo

    Updated Wallingford Apartment For Rent

    Bright, updated 1-bedroom apartment in central Wallingford location.

    125 Ward St, Wallingford, CT 06492
    View details
    Middletown Office Space For Rent
    $1,300 / Mo
    925 SF

    Middletown Office Space For Rent

    Office unit available for lease in Middletown, Connecticut.

    670 Newfield St, Middletown, CT 06457
    View details
    Updated Wallingford Apartment with Utilities
    $1,800 / Mo

    Updated Wallingford Apartment with Utilities

    Spacious 1-bedroom apartment in Wallingford with included utilities.

    125 Ward St, Wallingford, CT 06492
    View details
    Freestanding Commercial Building on Corner Lot
    $1,450 / Mo

    Freestanding Commercial Building on Corner Lot

    High-visibility commercial building suitable for various business ventures.

    271 Baileyville Rd, Middlefield, CT 06455
    View details
    Updated Duplex Near Downtown
    Contact for pricing
    978 SF

    Updated Duplex Near Downtown

    Charming, updated duplex unit near downtown Middletown and Wesleyan University.

    94 Liberty St, Middletown, CT 06457
    View details
    Updated Office Space Available Now
    $1,450 / Mo

    Updated Office Space Available Now

    Versatile 855 SF office space suitable for various professionals.

    670 Newfield St, Middletown, CT 06457
    View details
    Renovated 2-Bedroom Rental Available
    $1,900 / Mo

    Renovated 2-Bedroom Rental Available

    Newly renovated 2-bedroom rental with convenient location.

    23 Dunn Ave, Naugatuck, CT 06770
    View details
    Commercial Space Along Bike Path
    Contact for pricing

    Commercial Space Along Bike Path

    Charming commercial property with high visibility and recreational traffic.

    83 Salmon Brook St, Granby, CT 06035
    View details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Real Broker CT, LLC
    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.
    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
    Real Broker CT, LLC
    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

    Thank You for Inquiry
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!