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

    368 Warrenville Road Mansfield, CT 06250

    View on Map
    Claim this Listing
    For Sale
    $75,000

    LAND - Mansfield, CT

    Lot size:
    0.30 Acres
    Added:
    Apr 28, 2025
    Days on Market:
    362
    Last Refresh:
    Apr 24 at 2:06 pm

    Property Features for 368 Warrenville Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RAR90
    Standard status
    Active
    Lot size
    0.30 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    644

    Utilities

    Water source
    Well Needed

    We can help!

    Listing Contact
    Amy Rio

    Listing agent Amy Rio

    Listing office Executive Real Estate Inc. 17 School St, Glastonbury, CT

    Listing date Apr 28, 2025

    MLS# 24091553 Listing URL

    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

    Land Near Mansfield Hollow Park

    This residential land parcel is situated in a peaceful country setting. An oversized two-car garage is present on-site, suitable for storage or future use. The parcel directly abuts the scenic Mansfield Hollow State Park, offering natural beauty. The property is located in Mansfield, CT, with a zoning designation of RAR90. The lot size is 0.3 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Gym & Fitness Center Accounting Firm Veterinary Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Windham
    State
    Connecticut
    Longitude
    -72.17939
    Latitude
    41.786186

    Nearby Similar for Sale

    • $1,895,000
      10,208 SF

      Key Bank Investment Opportunity

      NNN property near hospitals and universities on Route 195.
      6 Storrs Road, Mansfield, CT 06250
      View Details
    • Contact for pricing
      4,776 SF

      Mansfield Commercial Opportunity on Route 32

      Five-bay garage with office on 1.6 acres.
      860 Stafford Road, Mansfield, CT 06268
      View Details
    • Contact for pricing
      1,778 SF

      Office/Medical Building Near UConn

      Well-located office/medical building with expansion potential near UConn.
      365 Storrs Road, Mansfield, CT 06250
      View Details
    • $5,842,321
      8,502 SF

      Three-Tenant Plaza in Mansfield, CT

      8,502 SF plaza with Aspen Dental, Five Guys, Chipotle.
      96 Storrs Rd, Mansfield, CT 06250
      View Details
    • Contact for pricing
      361,536 SF

      Storrs Mixed-Use Development Opportunity

      9.01-acre mixed-use development opportunity near UConn's flagship campus.
      1659 Storrs Rd, Mansfield, CT 06268
      View Details
    • $75,000

      Land Abutting Mansfield Hollow Park

      Land parcel with oversized garage abuts scenic state park.
      368 Warrenville Road, Mansfield, CT 06250
      View Details
    • Contact for pricing

      Commercial Land Near Storrs Road

      Land suitable for medical, residential, warehouse, entertainment, or hotel.
      132-134 Conantville Rd, Mansfield, CT
      View Details
    • Contact for pricing

      Land For Sale Mansfield

      Land available for sale in Mansfield, Connecticut.
      2 Mansfield City Rd, Mansfield, CT
      View Details
    • $1,895,000
      15,300 SF

      Mansfield Investment Opportunity on Route 195

      Prime investment property near East Brook Mall with diverse tenants.
      6 Storrs Rd, Mansfield, CT 06226
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential land parcel abutting scenic Mansfield Hollow State Park.
    Where is this residential land & home lot located?
    The property is located at 368 Warrenville Road Mansfield, CT.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: Abuts Mansfield Hollow State Park, offering direct access to nature.; Oversized two‑car garage provides ample storage.; Peaceful country setting.
    (860) 916-6048
    We can help!
    Listing Contact
    Amy Rio
    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!