Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    33 Acres Subdivision Opportunity Title is generated by Realmo AI

    Coe Road, Wolcott, CT 06716

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $499,900

    LAND - Wolcott, CT

    Lot size:
    33.20 Acres
    Added:
    Sep 29, 2025
    Days on Market:
    249
    Last Refresh:
    Jun 4 at 6:06 pm

    Property Features for Coe Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-50
    Standard status
    Active Under Contract
    Lot size
    33.20 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    6143

    Utilities

    Utilities
    Cable Available
    Water source
    Private

    We can help!

    Listing Contact
    James Bulger

    Listing agent James Bulger

    Listing office Calcagni Real Estate 975 S Main Street, Cheshire, CT

    Listing date Sep 29, 2025

    MLS# 24129016 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.

    HighLights

    • Expansive 33‑acre parcel offering ample space and flexibility.
    • Possible subdivision opportunity (subject to town approvals).
    • Surrounded by town‑owned land providing added privacy and scenic natural buffers.
    • Ideal for a private estate, family compound, or development.
    • Two rights of way for entrance/exit to property.
    • Close to local amenities and commuter routes.

    Overview

    This 33.2-acre parcel presents a possible subdivision opportunity, offering ample space and flexibility. It is suitable for a private estate, family compound, or development, subject to town approvals. The property requires septic and well installation. Surrounded by town-owned land, the location provides added privacy, scenic natural buffers, and access to preserved open space. There are two rights of way for entrance and exit to the property. Prospective maps are available. The buyer is responsible for performing due diligence with town planning and health departments regarding subdivision feasibility, septic, and well requirements. The property is located in Wolcott, CT.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Wolcott
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.975126
    Latitude
    41.59303

    Nearby Similar for Sale

    • $1,980,000
      13,878 SF

      Wolcott Retail Space For Sale

      Retail property in high-traffic Wolcott location with long-term tenants.
      1457 Meriden Road, Wolcott, CT 06716
      View Details
    • $499,900
      2,382 SF

      High-Visibility Commercial Property Opportunity

      Legacy property with high traffic, visibility, and potential.
      399 Wolcott Road, Wolcott, CT 06716
      View Details
    • $575,000
      2,484 SF

      Turnkey Restaurant Business Opportunity

      Established restaurant with loyal customer base on busy Wolcott Road.
      524 Wolcott Road, Wolcott, CT 06716
      View Details
    • $1,325,000
      9,368 SF

      Versatile Commercial Building on Spindle Hill

      Well-maintained commercial building on nearly 6 acres with banquet facilities.
      1146 Spindle Hill Road, Wolcott, CT 06716
      View Details
    • $1,200,000

      Wolcott Commercial Building with Pavilion

      Freestanding commercial building with outdoor pavilion on 2 acres.
      10 Wakelee Road, Wolcott, CT 06716
      View Details
    • $899,900
      4,780 SF

      Turn Key Restaurant/Bar Opportunity

      4780 SF restaurant/bar with full kitchen and ample parking.
      1512 Wolcott Road, Wolcott, CT 06716
      View Details
    • $499,900
      2,382 SF

      Legacy Property with High Visibility

      High-visibility property with substantial building and parking.
      399 Wolcott Road, Wolcott, CT 06716
      View Details
    • $225,000

      Lakefront Residential Lot

      Vacant waterfront parcel in the Hitchcock Lake community, offering measured frontage and surveyed materials to support your build plans.
      Pratte Lane lot: 38, Wolcott, CT 06716
      View Details
    • $4,500,000
      63,551 SF

      Redevelopment Opportunity in Wolcott, CT

      23.95-acre site with redevelopment potential for senior or mixed-use housing.
      50 Beach Road, Wolcott, CT 06716
      View Details
    • $125,000

      Wolcott Land For Sale

      1.59 acre wooded lot in desirable subdivision.
      16 Oakengate Road, Wolcott, CT 06716
      View Details
    • $397,000

      Wolcott Land Near I-84

      52.05 acre site near I-84 and Route 322.
      Shelton Avenue lot: 167, Wolcott, CT 06716
      View Details
    • $397,000

      52-Acre Site Near I-84

      52-acre site near I-84 and Route 322.
      Lot 167 Shelton Avenue, Wolcott, CT 06716
      View Details

    FAQs

    What type of property is this?
    Land - 33-acre parcel ideal for subdivision or private estate.
    Where is this land located?
    The property is located at Coe Road Wolcott, CT.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: Expansive 33‑acre parcel offering ample space and flexibility.; Possible subdivision opportunity (subject to town approvals).; Surrounded by town‑owned land providing added privacy and scenic natural buffers.
    (203) 228-3461
    We can help!
    Listing Contact
    James Bulger
    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
    Coe Road, Wolcott, CT 06716
    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!