Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    264 Vauxhall St New London, CT 06320

    Sponsored
    For Lease
    $2,000 /Mo ($11 SF/Yr)

    COMMERCIAL - New London, CT

    Property size:
    2,100 SF
    Lot size:
    0.20 Acres
    Days on Market:
    5
    Last Refresh:
    Feb 3 at 5:06 pm

    Property Features for 264 Vauxhall St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1A
    Parking
    6
    Exterior features
    Lighting,Loading Dock/Grade
    Size
    2,100 SF
    Lot size
    0.20 Acres

    Utilities

    Utilities
    Cable Available, Phone Available
    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1950
    Floors in Building
    2
    Flooring type
    Concrete, Vinyl

    We can help!

    Listing Contact
    Valerie Stadnik

    Real Broker CT, LLC (855) 450-0442

    Listing agent Valerie Stadnik (855) 450-0442

    Listing date Jan 30, 2026

    MLS# 24151850

    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.

    Learn more

    Property Insight Report

    Overview

    Office/Warehouse Space with Garage Doors

    This versatile office and warehouse space is available for lease and is suitable for new business owners, contractors, landscapers, home builders, real estate offices, or any business needing office space with secure equipment or storage. The property includes two drive-up garage/dock doors for efficient loading and unloading. Interior features include updated finishes, a kitchen, and a full bathroom. A security system with cameras is installed, but activation is required. The property has a newer roof. Ample on-site parking is available. The location provides convenient access to I-95, offering regional connectivity. Office partitions, warehouse shelving, and a forklift are negotiable, potentially allowing for turnkey occupancy. The property is offered on a Triple Net (NNN) lease basis. Lease-option or lease-to-own terms may be considered for qualified tenants. The property is located in New London, CT, and has a lot size of 0.2 acres. The property size is 2100 square feet. The zoning is R-1A.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Superior Group Roofing Company The Superior Group, LLC ... General Contractor Petrin's Pest Elimination ... Garden Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    State
    Connecticut
    Longitude
    -72.11242
    Latitude
    41.365273

    Nearby Similar for Lease

    • $15 SF/Yr
      9,870 SF

      Professional Office Building For Lease

      Class B office building with multiple suites available for lease.
      516 Vauxhall St, New London, CT 06320
      View Details
    • $1,200 /Mo
      800 SF

      Office Space in Historic Building

      800 sq ft office space for lease in New London.
      245 Shaw St, New London, CT 06320
      View Details
    • New
      $14 SF/Yr
      1,132 SF

      Retail/Office Space in New London

      Retail/office space with high visibility and convenient location.
      153 Bank St, New London, CT 06320
      View Details
    • $1,700 /Mo
      1,500 SF

      New London Commercial Flex Space

      Flexible commercial space in historic New London firehouse.
      245 Shaw St, New London, CT 06320
      View Details
    • $2,162 /Mo
      81,312 SF

      Downtown New London Retail/Office Space

      2,162 SF retail or office space in historic building.
      153 State St, New London, CT 06320
      View Details
    • $1,258 /Mo
      81,312 SF

      Downtown New London Retail/Office Space

      First-floor retail or office space in historic mixed-use building.
      153 State St, New London, CT 06320
      View Details
    • $1,900 /Mo
      81,312 SF

      Downtown Retail/Office Space Available

      Historic mixed-use building in downtown New London with great visibility.
      153 State St, New London, CT 06320
      View Details
    • $1,647 /Mo
      81,312 SF

      Downtown Retail/Office Space Available

      Historic mixed-use building in downtown New London with retail/office space.
      153 State St, New London, CT 06320
      View Details
    • $355 /Mo
      81,312 SF

      Downtown New London Office Space

      Second-floor office unit in historic mixed-use building for lease.
      153 State St, New London, CT 06320
      View Details
    • $355 /Mo
      81,312 SF

      Downtown New London Office Space

      Second-floor office unit in historic mixed-use building for lease.
      153 State St, New London, CT 06320
      View Details
    • $750 /Mo
      8,475 SF

      Downtown New London Innovation Center

      Single office space in downtown New London's Innovation Center.
      92 Eugene Oneill Dr, New London, CT 06320
      View Details
    • $950 /Mo
      8,475 SF

      Downtown New London Innovation Center

      Cutting-edge co-working space in downtown New London, Connecticut.
      92 Eugene Oneill Dr, New London, CT 06320
      View Details

    FAQs

    What type of property is this?
    Flex space - Versatile space with drive-up doors, ideal for various businesses.
    Where is this flex space located?
    The property is located at 264 Vauxhall St New London, CT.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Convenient access to I-95 for excellent regional connectivity.; - Two drive-up garage/dock doors for efficient loading and unloading.; - Versatile office/warehouse space suitable for various businesses.
    (855) 450-0442
    Request Owner's contact information
    264 Vauxhall St New London, CT 06320
    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.
    264 Vauxhall St
    New London, CT 06320
    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
    264 Vauxhall St New London, CT 06320
    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

    We can help!
    Listing Contact
    Valerie Stadnik
    (855) 450-0442
    Learn more
    Google sign-in failed. Please try again or use another login method.