Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Southington Buildable Commercial Land Title is generated by Realmo AI

    81 Laning Street, Southington, CT 06489

    View on Map
    Claim this Listing
    For Sale
    $150,000

    COMMERCIAL - Southington, CT

    Lot size:
    1.14 Acres
    Added:
    Aug 14, 2025
    Days on Market:
    297
    Last Refresh:
    Jun 6 at 2:06 pm

    Property Features for 81 Laning Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B
    Standard status
    Active
    Lot size
    1.14 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    2385

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Rachael Cisz
    Rachael Cisz

    Listing agent Rachael Cisz License #REB.0795889

    Listing office Serhant Connecticut, LLC 500 W Putnam Avenue, New York, CT

    Listing date Aug 14, 2025

    MLS# 24119513

    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.

    HighLights

    • 1.14‑acre buildable site in Southington's business zone.
    • High visibility location just east of Route 10 (Queen Street).
    • Abuts the I84 EB Exit 32 ramp.
    • Close proximity to national retailers, dining, and hospitality venues.
    • Wetlands investigation completed (May 2021).
    • Surveyed boundary with setbacks clearly marked.

    Overview

    This buildable 1.14-acre commercial site is located just east of Route 10 (Queen Street) and abuts the I84 EB Exit 32 ramp in Southington. Situated in Southington's business zone, the property offers possibilities for potential uses. It is in close proximity to national retailers, dining, and hospitality venues. A wetlands investigation was completed in May 2021. The lot has a surveyed boundary with setbacks clearly marked, making it ready for development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant 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
    Southington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.868869
    Latitude
    41.634503

    Nearby Similar for Sale

    • $299,900
      1,716 SF

      Fixer-Upper Two-Family Residence

      As-is two-family on a zone B lot with a newer roof and public utilities, ready for complete interior rehab.
      1488 Meriden Waterbury Turnpike, Southington, CT 06479
      View Details
    • $599,900
      7,500 SF

      Southington Office Building For Sale

      Well-maintained office building with 7,500 square feet of space.
      1006 South Main Street, Southington, CT 06479
      View Details
    • $180,000
      1,180 SF

      Southington Commercial Condo For Sale

      Commercial condo in a busy plaza with easy highway access.
      1783 Meriden Waterbury Turnpike, Southington, CT 06489
      View Details
    • $275,000
      6,500 SF

      Turnkey Restaurant Opportunity

      Established restaurant with naming rights for sale.
      151 Queen Street, Southington, CT 06489
      View Details
    • $450,000

      Updated Two-Family Southington Property

      Well-maintained two-family property with updated units in Southington, CT.
      142 Liberty St, Southington, CT 06489
      View Details
    • $1,750,000
      1,246 SF

      Southington Retail/Restaurant Opportunity on Queen

      Retail or restaurant property with high visibility and traffic flow.
      613 QUEEN ST, SOUTHINGTON, CT
      View Details
    • $599,900
      1,896 SF

      Remodeled Office Building For Sale

      Extensively remodeled office building suitable for owner-user in revitalized downtown.
      100 Center Street, Southington, CT 06489
      View Details
    • $1,460,000
      5,978 SF

      Southington Auto Shop Investment Opportunity

      NNN ground lease with 10+ years remaining and rental increases.
      288 Queen St, Southington, CT
      View Details
    • $459,900

      Southington Two-Family Home

      Well-maintained two-family home in downtown Southington with upside potential.
      86 Bristol St, Southington, CT 06489
      View Details
    • $5,400,000

      Residential Development Land with Road Frontage

      Expansive parcel in an R-40 residential zone with road frontage and gentle terrain suited to multiple housing concepts.
      90 Welch Road, Southington, CT 06489
      View Details
    • $459,900
      2,172 SF

      Southington Two-Family Home For Sale

      Well-maintained two-family home in downtown Southington with renovated unit.
      86 Bristol Street, Southington, CT 06489
      View Details
    • $299,900
      1,716 SF

      Fixer-Upper Two-Family Duplex

      As-is two-family duplex with newer roof and utilities, offering strong upside for an owner-occupant or rental investor.
      1488 Meriden Waterbury Turnpike, Southington, CT 06479
      View Details

    FAQs

    What type of property is this?
    Commercial land - High-visibility 1.14-acre commercial land primed for development.
    Where is this commercial land located?
    The property is located at 81 Laning Street Southington, CT.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 1.14‑acre buildable site in Southington's business zone.; High visibility location just east of Route 10 (Queen Street).; Abuts the I84 EB Exit 32 ramp.
    (203) 494-2700
    We can help!
    Listing Contact
    Rachael Cisz
    Rachael Cisz
    Real Estate License ID: REB.0795889
    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

    Thank You for Inquiry
    81 Laning Street, Southington, CT 06489
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!