Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • 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

    32 Church Hill Rd, Unit D-101 Newtown, CT 06470

    Sponsored
    For Lease
    $4,500 /Mo ($23 SF/Yr)

    COMMERCIAL - Newtown, CT

    Property size:
    2,300 SF
    Days on Market:
    2
    Last Refresh:
    Feb 12 at 9:06 pm

    Property Features for 32 Church Hill Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Size
    2,300 SF

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2015

    We can help!

    Listing Contact
    Marc Fraioli

    Realty ONE Group Connect (203) 590-1111

    Listing agent Marc Fraioli (203) 590-1111

    Listing date Feb 11, 2026

    MLS# 24153720

    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

    Retail Space in Newtown, CT

    Located at 32 Church Hill Road in Newtown, Connecticut, this retail space offers an opportunity for various business types. The property, currently used as a computer store, features high visibility and a layout suitable for retail or office use. The property size is 2300 square feet and is located in Fairfield County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    BioRestore Medical Clinic Gregory LaDestro, Attorney ... Law Firm Dental Associates of Connecticut Dental Office Dr. Mark Renzi ... Dental Office Dr. Kevin Braun ... Dental Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newtown
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.301834
    Latitude
    41.414549

    Nearby Similar for Lease

    • $14 SF/Yr
      23,764 SF

      Industrial Flex Space with Warehouse

      Industrial building with flex/warehouse space for lease.
      23 Commerce Rd, Newtown, CT 06470
      View Details
    • $12 SF/Yr
      134,165 SF

      Newtown Industrial Space For Lease

      134,165 SF industrial space for lease in Newtown, CT.
      31 Pecks Ln, Newtown, CT 06470
      View Details
    • $5,000 /Mo
      1,726 SF

      Turnkey Restaurant Space in Newtown

      Restaurant space with full bar, seating for 65 guests.
      55 Church Hill Rd, Newtown, CT 06470
      View Details
    • $14 SF/Yr
      3,180 SF

      Newtown Industrial/Flex Unit Available

      3,180 SF industrial/flex unit for lease in Newtown, CT.
      15 Commerce Rd, Newtown, CT 06470
      View Details
    • $22 SF/Yr
      38,262 SF

      Corner Office Suite For Rent

      Spacious corner office suite with high ceilings and natural light.
      153 South Main St, Newtown, CT 06470
      View Details
    • $15 SF/Yr
      9,800 SF

      Newtown Industrial Space For Lease

      9,800 SF industrial space with office and warehouse areas.
      352 S Main St, Newtown, CT 06470
      View Details
    • $9 SF/Yr
      11,400 SF

      Mt. Pleasant Rd Retail & Warehouse

      Versatile Retail/Industrial Space Available
      117 Mount Pleasant Rd, Newtown, CT 06470
      View Details
    • $1,900 /Mo

      High Bay Warehouse Space Available

      1150+/- sf warehouse with high ceilings and drive-in bay.
      77 S Main St, Newtown, CT 06470
      View Details
    • Contact for pricing
      163,545 SF

      Sand Hill Plaza: Newtown Retail Center

      Prime Newtown retail space, multiple units available.
      228 Main St, Newtown, CT 06470
      View Details
    • $20 SF/Yr
      12,000 SF

      Newtown Medical Office Space

      1,200 SF Available, Prime Location
      172 Mount Pleasant Rd, Newtown, CT 06470
      View Details
    • $11 SF/Yr
      31,194 SF

      Prime Newtown Warehouse Space

      Newly renovated, I-84 access, flexible space.
      57 Church Hill Rd, Newtown, CT 06482
      View Details
    • $9 SF/Yr
      870 SF

      Retail Space with Modern Amenities

      Versatile retail space with ample parking and natural light.
      97 S Main St, Newtown, CT 06470
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available for lease in Newtown, Connecticut.
    Where is this retail space located?
    The property is located at 32 Church Hill Rd, Unit D-101 Newtown, CT.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: - High visibility location on Church Hill Road; - Versatile layout suitable for retail or office use; - Currently used as a computer store, demonstrating retail viability
    (203) 223-8215
    Request Owner's contact information
    32 Church Hill Rd, Unit D-101 Newtown, CT 06470
    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.
    32 Church Hill Rd, Unit D-101
    Newtown, CT 06470
    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
    32 Church Hill Rd, Unit D-101 Newtown, CT 06470
    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
    Marc Fraioli
    (203) 223-8215 (203) 590-1111
    Learn more
    Google sign-in failed. Please try again or use another login method.