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

    33 Old Tavern Rd, Unit C Orange, CT 06477

    Sponsored
    For Lease
    $25 SF/Yr ($6,875 /Mo)

    COMMERCIAL - Orange, CT

    Property size:
    3,300 SF
    Days on Market:
    103
    Last Refresh:
    Jan 30 at 2:06 am

    Property Features for 33 Old Tavern Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    lsc
    Size
    3,300 SF

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2024
    Floors in Building
    1

    We can help!

    Listing Contact
    Robert Benedetto

    Property World (203) 877-1221

    Listing agent Robert Benedetto (203) 877-1221

    Listing date Oct 20, 2025

    MLS# 24112551

    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

    New Construction Commercial Space

    This is a new construction commercial space offering 3300 square feet. The space is available for lease at $25.00 per square foot, with additional nets of $5.00. The layout includes a kitchen and two handicapped-accessible bathrooms. The property is zoned LSC and is move-in ready. It is suitable for a pharmacy, medical testing facility, law office, cell phone or electronics store, florist, gift shop, doctor, dentist, spa, or architect and engineering offices. The property is located in Orange, Connecticut, in New Haven County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    China Wok Chinese Restaurant Firelite Commons Apartment Complex

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Orange
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0021265
    Latitude
    41.2682769

    Nearby Similar for Lease

    • $30 SF/Yr
      3,000 SF

      Retail Space with Drive-Thru

      Prime corner retail space with drive-thru in Orange, CT.
      33 Old Tavern Rd, Orange, CT 06477
      View Details
    • Contact for pricing
      6,270 SF

      Retail Center on High-Traffic Corridor

      Retail spaces available in a center with national and regional retailers.
      200 Indian River Rd, Orange, CT 06477
      View Details
    • Contact for pricing
      52,955 SF

      Retail Center Near I-95

      Retail spaces for rent in high-traffic area near I-95.
      220 Indian River Rd, Orange, CT 06477
      View Details
    • $10 SF/Yr
      30,360 SF

      Prime Commercial Space in Orange, CT

      Highly visible professional office space available for lease in Orange.
      325 Boston Post Rd, Orange, CT 06477
      View Details
    • Contact for pricing
      22,807 SF

      Prime Orange Retail Center

      High-visibility shopping center, space available
      116 Boston Post Rd, Orange, CT 06477
      View Details
    • $20 SF/Yr
      6,220 SF

      Prime Retail/Medical Space Available

      High-visibility retail/medical space on Route 1 with ample parking.
      464 Boston Post Rd, Orange, CT 06477
      View Details
    • $8 SF/Yr
      16,000 SF

      Light Industrial Building For Lease

      Light industrial property with flexible lease options in excellent location.
      70-76 Robinson Blvd, Orange, CT 06477
      View Details
    • $23 SF/Yr
      2,162 SF

      Professional Office Space Available

      Modern office space with ample natural light and parking.
      236 Boston Post Rd, Orange, CT 06477
      View Details
    • Contact for pricing

      Sublease Opportunity with Storefront

      Sublease opportunity featuring a storefront, loading docks, and updated utilities.
      Orange, CT 06477
      View Details
    • Contact for pricing
      97,412 SF

      Industrial Space Available For Lease

      97,412 SF industrial space with 27' clear height.
      181 Marsh Hill Rd, Orange, CT 06477
      View Details
    • $5 SF/Yr
      15,000 SF

      Warehouse Space with Dock Loading

      Clean warehouse or retail space with easy highway access.
      575 Boston Post Rd, Orange, CT 06477
      View Details
    • $3,000 /Mo
      2,000 SF

      Prime Retail/Office Space Available

      2,000 SF available on busy Route 1 in Orange, CT.
      501 15, Orange, CT 06477
      View Details

    FAQs

    What type of property is this?
    Office space - 3300 SF commercial space suitable for various businesses.
    Where is this office space located?
    The property is located at 33 Old Tavern Rd, Unit C Orange, CT.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - New construction built in 2024; - Move-in ready condition; - 3300 SF space
    (203) 901-8376
    Request Owner's contact information
    33 Old Tavern Rd, Unit C Orange, CT 06477
    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.
    33 Old Tavern Rd, Unit C
    Orange, CT 06477
    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
    33 Old Tavern Rd, Unit C Orange, CT 06477
    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
    Robert Benedetto
    (203) 901-8376
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.