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

    119 White Oak Drive Berlin, CT 06037

    View on Map
    Pending
    $1,535,000

    COMMERCIAL - Berlin, CT

    Property size:
    19,720 SF
    Lot size:
    5.37 Acres
    Added:
    Jan 9, 2025
    Days on Market:
    447
    Last Refresh:
    Apr 1 at 9:06 am

    Property Features for 119 White Oak Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    PI
    Bathrooms
    4
    Rooms
    Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 3
    Parking
    47
    Security features
    Security System
    Interior features
    Employee Lounge,Fire Suppression System,Loading - Dock Height,Loading - Grade,Security System
    Exterior features
    Doors - 10-15 ft,Lighting,Loading Dock/Grade,Levelers,Underground Sprinkler
    Standard status
    Pending
    Size
    19,720 SF
    Lot size
    5.37 Acres

    Taxes and HOA fees

    TaxYear
    2026
    TaxAnnualAmount
    29148

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1999
    Floors in Building
    1

    We can help!

    Listing Contact
    Frank Amodio
    Frank Amodio

    Listing agent Frank Amodio License #REB.0756053

    Listing office Amodio & Co. PO Box 852, Farmington, CT

    Listing date Jan 9, 2025

    MLS# 24065733

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Berlin Manufacturing/Industrial Property For Sale

    This 19,720 SF commercial building, constructed in 1999, is situated on 5.37 acres. It is suitable for an owner-occupant or partial owner-user, with potential for a 7,800 SF expansion. The property is located in an industrial park near a commercial sector. The building is suitable for R&D, manufacturing, distribution, and offices. On-site parking is available for 46 cars. The property features highway access to Routes 5 and 15, Route 9, I-91, and I-84. A new 60m Carlisle Rubber Membrane Roof was installed in 2021, along with 2 new Trane RTUs in 2021, and new LED lighting in 2020. Located in Hartford County, the property is within commuting distance to Hartford (15 miles), New Haven (26 miles), New York City (104 miles), and Boston (113 miles) by car, bus, or train.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fischer Precision Spindles Industrial Manufacturer RUAG Inc. Corporate Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Berlin
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7252511
    Latitude
    41.6396469

    Nearby Similar for Sale

    • $220,000
      2,796 SF

      Historic Berlin Multi-Unit Opportunity

      Unique multi-unit property in Berlin's Historic District.
      825 Worthington Ridge, Berlin, CT 06037
      View Details
    • $3,900,000
      35,270 SF

      Mill Street Development Opportunity

      35,270 SF in three buildings with development potential.
      1244 Mill St, Berlin, CT
      View Details
    • $250,000
      1,908 SF

      Renovated Office Condo in Berlin

      First-floor, 1,908 sq ft office condo for sale.
      363 New Britain Road #A, Berlin, CT 06037
      View Details
    • $2,685,000
      21,119 SF

      Fully Leased Retail Investment Property

      Turn-key retail investment property, 100% leased with long-term tenants.
      892-900 Farmington Avenue, Berlin, CT
      View Details
    • $1,300,000
      4,301 SF

      Unique Log Built Restaurant Opportunity

      Restaurant on Berlin Turnpike with liquor license and outdoor patio.
      1474 Berlin Turnpike, Berlin, CT 06037
      View Details
    • $5,000,001
      14,725 SF

      Walgreens NNN Property For Sale

      Absolute NNN lease with no landlord responsibilities through August 2032.
      980 Farmington Ave, Berlin, CT 06037
      View Details
    • $1,300,000
      4 SF

      Berlin Turnpike Retail Investment Opportunity

      4,301 SF retail building with high visibility on Berlin Turnpike.
      1474 Berlin Tpke Berlin, CT 06037, CT 06037
      View Details
    • $279,000
      3,886 SF

      Redevelopment Opportunity: Church and Parsonage

      Spacious church and parsonage offering redevelopment potential for investors.
      139 Main Street, Berlin, CT 06023
      View Details
    • $1,535,000
      19,720 SF

      Modern Manufacturing Facility on 5.37 Acres

      19,720 SF manufacturing/distribution facility in Berlin, CT for sale.
      119 White Oak Drive, Berlin, CT 06037
      View Details
    • Contact for pricing
      33,056 SF

      Berlin Flex/Industrial Space Available

      33,056 SF flex/industrial property in Berlin, CT for sale.
      111 Christian Ln, Berlin, CT
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - 19,720 SF manufacturing/industrial building on 5.37 acres.
    Where is this manufacturing property located?
    The property is located at 119 White Oak Drive Berlin, CT.
    What is the asking price?
    The asking price for this property is $1,535,000.
    What are key features of this property?
    This property features: 19,720 SF modern building - ideal for R&D, manufacturing, distribution, or offices.; Excellent highway access to Rt 5&15, Rt 9, I‑91, and I‑84, facilitating convenient commuting.; Potential for 7,800 SF expansion on 5.37 acres.
    (860) 674-8908
    We can help!
    Listing Contact
    Frank Amodio
    Frank Amodio
    Real Estate License ID: REB.0756053
    Learn More
    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.
    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!