Add Listing
    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

    481 Sullivan Ave South Windsor, CT 06074

    View on Map
    Sponsored
    For Lease
    $8 SF/Yr

    COMMERCIAL - South Windsor, CT

    Property size:
    30,242 SF
    Lot size:
    2.04 Acres
    Days on Market:
    5
    Last Refresh:
    Mar 16 at 12:06 am

    Property Features for 481 Sullivan Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    I
    Interior features
    Fire Suppression System,Loading - Dock Height,Loading - Grade,Window Display
    Exterior features
    Sidewalk,Doors - 10-15 ft,Gutters,Lighting,Loading Dock/Grade,Levelers
    Size
    30,242 SF
    Lot size
    2.04 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1970
    Floors in Building
    1
    Flooring type
    Concrete

    We can help!

    Listing Contact
    Teodora Rotaru

    Real Estate Advisory Group LLC (860) 305-7466

    Listing agent Teodora Rotaru (860) 783-5262

    Listing date Mar 12, 2026

    MLS# 24159201

    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

    South Windsor Warehouse/Flex Facility

    This 30,242 SF industrial facility is available for lease. Ideally suited for manufacturing operations, the property features extensive available power and air-line distributions throughout. The building includes multiple drive-in and dock doors for easy access. The owner is open to sports users, which is an allowed use in the zone with additional approvals. The property includes 3,754 SF of office space and 26,488 SF of warehouse space. There is an additional outdoor 1,200 SF structure for cold storage. The ceiling height ranges from 16 to 22 feet. The property has two loading docks, two dock-high doors, and four drive-in doors. It also includes two 10-ton cranes. The office space has air conditioning, and air conditioning can be added to the insulated warehouse. The lighting is LED. Tractor-trailer access is available for 18-wheelers. The property is located at 481 Sullivan Avenue, South Windsor, CT 06074.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    H & B Tool ... Industrial Manufacturer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    South Windsor
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.5834549
    Latitude
    41.8516552

    Nearby Similar for Lease

    • $200 SF/Yr
      230 SF

      South Windsor Garage Space Rental

      Enclosed garage space for seasonal equipment or storage.
      249 Felt Rd, South Windsor, CT 06074
      View Details
    • $1,565 /Mo
      1,671 SF

      Renovated Office Space Available

      Recently renovated office space with convenient highway access.
      400 Chapel Rd, South Windsor, CT 06074
      View Details
    • $10 SF/Yr
      10,342 SF

      South Windsor Industrial Space Available

      Versatile industrial space with high ceilings and convenient location.
      34 Patria Rd, South Windsor, CT 06074
      View Details
    • $10 SF/Yr
      3,450 SF

      Versatile Studio Space For Lease

      Studio space ideal for dance, yoga, fitness, or performing arts.
      34 Patria Rd, South Windsor, CT 06074
      View Details
    • Contact for pricing
      9,560 SF

      Prime Retail Space in South Windsor

      Located in Buckland Hills retail market, near major retailers.
      274 Buckland Rd, South Windsor, CT 06074
      View Details
    • $25 SF/Yr
      26,388 SF

      Versatile Retail/Restaurant Space on Route 194

      Adaptable commercial space on a high-traffic thoroughfare, ready for customization.
      942 Sullivan Ave, South Windsor, CT 06074
      View Details
    • $200 SF/Yr
      230 SF

      Enclosed Garage Space Available

      Enclosed garage for seasonal equipment or storage. Electricity available.
      249 Felt Rd, South Windsor, CT 06074
      View Details
    • Contact for pricing
      241,800 SF

      Class A Warehouse Space

      241,800 SF Class A warehouse space for lease.
      1 Kennedy Rd, South Windsor, CT 06074
      View Details
    • Contact for pricing

      South Windsor Flex/Industrial Space

      Flex/industrial space available for lease in South Windsor, CT.
      South Windsor, CT 06074
      View Details

    FAQs

    What type of property is this?
    Flex space - 30,242 SF industrial facility with manufacturing capabilities for lease.
    Where is this flex space located?
    The property is located at 481 Sullivan Ave South Windsor, CT.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - 30,242 SF industrial facility suitable for manufacturing or sports use (with approvals).; - Extensive available power and air-line distributions throughout the warehouse.; - Multiple loading options: **2 dock-high doors and 4 drive-in doors.**
    (860) 796-5618
    Request Owner's contact information
    481 Sullivan Ave South Windsor, CT 06074
    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.
    481 Sullivan Ave
    South Windsor, CT 06074
    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
    481 Sullivan Ave South Windsor, CT 06074
    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
    Teodora Rotaru
    Real Estate License ID: RES.0800401
    (860) 796-5618 (860) 783-5262
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!