Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    Ron Lyman, Clinton, CT

    License ID: REB.0751794
    Lyman Real Estate
    Years of Experience
    16

    Service Locations

    Contact details

    Phone:
    (860) 887-5000

    Performance

    Listings
    42
    Total transactions
    49
    Total transactions amount
    $26M
    Price range
    $354k - 797k
    Average price
    $531k

    Listings

    For Sale (32)

    View map
    • Contact for pricing

      Commercial Land on Route 32

      0.89 acre parcel, formerly gas station, build to suit.
      689 West Thames St, Norwich, CT 06360
      View Details
    • Contact for pricing

      Bozrah Commercial Land For Sale

      7-acre commercial land in Bozrah, CT, with permitted uses.
      Salem Tpke, Bozrah, CT 06334
      View Details
    • Contact for pricing

      26+ Acre Development Site

      Development site suitable for hotel, restaurant, retail, or multifamily.
      40-48 Merrow Rd, Tolland, CT 06084
      View Details
    • Contact for pricing

      Commercial Land with High Visibility

      5 acres of commercially zoned land with utilities available.
      1610 Silas Deane Hwy, Rocky Hill, CT 06067
      View Details
    • Contact for pricing

      Commercial Pad Site Available

      Prepared commercial pad site with utilities in Tolland, CT.
      Merrow Rd, Tolland, CT 06084
      View Details
    • $349,599

      1.14 Acre Pad Site For Sale

      1.14 acre pad site for sale across from Walmart.
      423 Providence Rd, Brooklyn, CT 06234
      View Details
    • Contact for pricing

      6.04 Acres General Commercial Land

      6.04 acres of commercially zoned land with utilities available.
      105 Stonington Rd, Norwich, CT 06360
      View Details
    • Contact for pricing

      29.27 Acre Development Opportunity

      29.27-acre lot for multifamily or commercial development.
      44 Cidermill Rd, Bolton, CT 06043
      View Details
    • Contact for pricing

      Land in Active Adult Community

      Land for sale in Active Adult Community, Essex, CT
      Bokum Rd, Essex, CT 06426
      View Details
    • $275,000

      Prime Clinton Commercial Land

      High-traffic lot, ideal retail.
      64 Main St, Clinton, CT 06413
      View Details
    • Contact for pricing

      2.32 Acres Commercial Land ForSale

      2.32 acres of commercial land in retail corridor.
      454 Providence Rd, Brooklyn, CT 06234
      View Details
    • $799,500

      10.48 Acres For Sale

      10.48 acres with 1,764 SF house across from Walmart.
      405 Providence Rd, Brooklyn, CT 06234
      View Details
    • Contact for pricing
      1,140 SF

      Route 10 Retail/Office Space

      Retail/office space on Route 10 with seller financing.
      282 East St, Plainville, CT 06062
      View Details
    • $105,000

      Corner Lot on East Main

      Commercial land with high visibility on a level, open lot.
      314 E Main St, Clinton, CT 06413
      View Details
    • $1,250,000
      17,822 SF

      Bolton Commercial Property - High Traffic Area

      Prime Bolton location, 17,822 sqft, 4.93 acres.
      1225 Boston Tpke, Bolton, CT 06043
      View Details
    • Contact for pricing
      40,834 SF

      Two Historic Mill Buildings

      Two historic mill buildings totaling 40,834 SF on 1.74 AC.
      28-30 Mason St, Coventry, CT 06238
      View Details
    • Contact for pricing
      1,953 SF

      Retail Property Near UConn Tech

      Retail property in opportunity zone near UConn Technology Park.
      575 Middle Tpke, Storrs Mansfield, CT 06268
      View Details
    • Contact for pricing
      1,953 SF

      Retail Property Near UConn Tech

      Retail property in opportunity zone near UConn Technology Park.
      575 Middle Tpke, Storrs Mansfield, CT 06268
      View Details
    • $3,500,000
      12,696 SF

      Office/Retail Building at Gateway Commons

      12,696 SF office/retail building for sale with highway access.
      1681 West Main St, Windham, CT 06226
      View Details
    • $3,000,000

      Vernon Land Parcel For Sale

      40.55 acre parcel in Vernon's Planned Development Zone.
      55 Reservoir Rd, Vernon, CT 06066
      View Details
    • $975,000

      101+ Acre Development Opportunity

      Large acreage near I-395, suitable for development.
      282-318R Old Canterbury Tpke, Norwich, CT 06360
      View Details
    • $130,000

      Commercial Lot on Gold Star

      0.57 acre commercial lot with development plans.
      1459 Gold Star Hwy, Groton, CT 06340
      View Details
    • $1,675,000
      14,846 SF

      Former School Building For Sale

      14,846 SF building on 2.82 acres in CM-1 Zone.
      10 Commerce Dr, Columbia, CT 06237
      View Details
    • $3,965,000

      Commercial Land For Sale

      5 acres of commercial land with high traffic visibility.
      1610 Silas Deane Hwy, Rocky Hill, CT 06067
      View Details
    • $497,500
      Pending

      Vacant Land Near Walmart

      2.32 acre commercial land near retail corridor.
      454 Providence Rd, Brooklyn, CT 06234
      View Details
    • $400,000
      1,140 SF

      Retail/Office Space on Route 10

      1140 SF retail/office space on 0.17 acre lot.
      282 East St, Plainville, CT 06062
      View Details
    • $195,000

      6.04 Acres Zoned Commercial

      Commercial land near Norwich with utilities and cannabis use allowance.
      105 Stonington Rd, Norwich, CT 06360
      View Details
    • $950,000
      4,256 SF

      Gas Station and Repair Facility

      B-2 Zoned gas station and repair facility for sale.
      621 Boston Post Road Pl, Old Saybrook, CT 06475
      View Details
    • $695,000

      Commercial Land in B4 Zone

      1.25 acres of commercial land for sale.
      1333 Boston Post Road Pl, Old Saybrook, CT 06475
      View Details
    • $599,000

      Norwich Commercial Land For Sale

      0.89 acre commercial land parcel, formerly a gas station.
      689 W Thames St, Norwich, CT 06360
      View Details
    • $2,990,000

      Norwich Industrial Park Land Parcels

      17.16+ acres in Norwich Industrial Park for sale.
      60-70 Connecticut Ave, Norwich, CT 06360
      View Details
    • $595,000
      4,765 SF

      Killingly Gas Station/Retail Opportunity

      Gas station/retail location off I-395 in Killingly, CT.
      124 Westcott Rd, Killingly, CT 06239
      View Details

    For Lease (10)

    View map
    • Contact for pricing

      Route 32 Retail/Office Space

      Centrally located retail/office space near major retailers and universities.
      1548 W Main St, Windham, CT 06226
      View Details
    • Contact for pricing

      Retail Opportunity Near UConn Campus

      0.8 acre parcel near UConn, former gas station.
      575 Middle Tpke, Mansfield, CT 06268
      View Details
    • Contact for pricing

      Retail/Office Space on Route 32

      Lease opportunity with high visibility and traffic count.
      1681 W Main St, Windham, CT 06226
      View Details
    • Contact for pricing

      Renovated Office Building Near UConn

      9,000 SF renovated office building near UConn campus.
      11 Professional Park Rd, Mansfield, CT 06268
      View Details
    • $18 SF/Yr
      4,912 SF

      Retail/Office Space on Route 32

      Retail and office spaces available near major retailers and universities.
      1681 West Main St, Windham, CT 06226
      View Details
    • $288,750

      70 Acres Abutting I-95

      70.15 acres of commercial land available for lease.
      Clarks Falls Rd, North Stonington, CT 06339
      View Details
    • $2,500 /Mo
      1,848 SF

      High Bay Storage For Rent

      High bay storage with overhead doors and outside storage.
      176 Boston Post Rd, Westbrook, CT 06498
      View Details
    • $13 SF/Yr
      14,846 SF

      Former School Building For Lease

      14,846 SF building on 2.82 acres available for lease.
      10 Commerce Dr, Columbia, CT 06237
      View Details
    • $23 SF/Yr
      3,391 SF

      Retail Space For Rent

      Ground floor retail spaces available near UConn Storrs Campus.
      384 Merrow Rd, Tolland, CT 06084
      View Details
    • $18 SF/Yr
      4,600 SF

      Windham Office/Retail Space Available

      Class A office/retail space in a high-traffic location.
      1320 Main St, Windham, CT 06226
      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
    Ron Lyman, Clinton, CT
    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.

    Send Message to
    Ron Lyman, Clinton, CT
    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

    (860) 887-5000
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!