Sign Up Successful!
You now have access to more from Realmo!
    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

    110 Day St Brooklyn, CT 06234

    Sponsored
    For Sale
    $550,000

    Prime 19.71-Acre Commercial Land & Buildings

    Property size:
    6,578 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    366
    This exceptional commercial offering encompasses two properties totaling 19.71 acres in Brooklyn, CT. The main parcel at 110 Day Street features 4 acres with a substantial 4,674 square foot, seven-bay garage/shop building (41ft x 114ft). Also included is a 1,904 square foot manufactured home (28ft x 68ft) and a large barn offering ample open storage space. A separate 15.7-acre parcel at 0 Day Street provides a tillable field situated along the Quinebaug River. Underground tanks have been removed, and environmental reports are available upon execution of a contract and escrow deposit. The seller is actively completing and will retain responsibility for finalizing the tank removal testing and associated closure. Importantly, a commercial lender has already reviewed the property and deemed it acceptable collateral for a commercial loan, simplifying financing options for qualified buyers. This unique combination of land, buildings, and river frontage presents a compelling opportunity for diverse commercial ventures. The property's size and existing structures offer significant potential for expansion and development.

    Property Features for 110 Day St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,578 SF
    Lot Size
    174,240 SF

    Building Details

    Year Built
    1972

    We can help!

    Listing Contact
    Robert Arute

    Learn more

    Property Insight Report
    Property Profile Location Intelligence

    Current Use by Public Records

    Clifford B Green ... General Contractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Windham
    State
    Connecticut
    Longitude
    -71.90318
    Latitude
    41.80662

    Nearby Similar for Sale

    • $3,750,000
      8,936 SF

      Restaurant, Driving Range, and Barn

      Thriving restaurant, driving range, and barn on 11.58 acres.
      170 South St, Brooklyn, CT 06234
      View Details
    • $311,000
      6,728 SF

      Brooklyn Commercial Property with Carwash

      Commercial property with carwash, office space, and highway access.
      49 S Main St, Brooklyn, CT 06234
      View Details
    • $179,900
      6.90 Acres

      6.9 Acre Land Parcel

      6.9 acre parcel suitable for horses and home.
      147 South St, Brooklyn, CT 06234
      View Details
    • $975,000

      Versatile Commercial Property For Sale

      High-traffic location with 4,000 sq ft building and drive-through.
      483 Providence Rd, Brooklyn, CT 08234
      View Details
    • $1,317,647
      7,000 SF

      Advance Auto Parts For Sale

      7,000 SF Advance Auto Parts in Brooklyn, CT.
      465 Providence Rd, Brooklyn, CT 06234
      View Details
    • $549,900

      Pomfret Landing Road Property

      Property located at 91 Pomfret Landing Rd, Brooklyn, CT.
      91 Pomfret Landing Rd, Brooklyn, CT 06234
      View Details
    • $529,000

      Brooklyn Specialty Property For Sale

      Specialty property available for purchase in Brooklyn, Connecticut.
      51 Westview Dr, Brooklyn, CT 06234
      View Details
    • $325,000

      Brooklyn Retail Space For Sale

      Retail property available for purchase in Brooklyn, Connecticut.
      13 Plaza St, Brooklyn, CT 06234
      View Details
    • $679,900

      Brooklyn Specialty Property For Sale

      Specialty property available for purchase in Brooklyn, Connecticut.
      34 Pine Tree Ter, Brooklyn, CT 06234
      View Details
    • $569,900

      Prince Hill Road Property

      Property for sale on Prince Hill Road.
      133 Prince Hill Rd, Brooklyn, CT 06234
      View Details
    • $39,000
      0.42 Acres

      Commercial Property in Brooklyn, CT

      Commercial property for sale in Brooklyn, Connecticut.
      53 S Main St, Brooklyn, CT 06234
      View Details
    • $650,000
      3,129 SF

      Prime Brooklyn Commercial Corner Lot

      High-traffic location, development potential.
      9 Allen Hill Rd, Brooklyn, CT 06234
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime 19.71-Acre Commercial Land & Buildings
    Where is this commercial real estate located?
    The property is located at 110 Day St Brooklyn, CT.
    What is the asking price?
    The asking price for this property is $550,000.
    (860) 684-0301
    Request Owner's contact information
    110 Day St Brooklyn, CT 06234
    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.
    110 Day St
    Brooklyn, CT 06234
    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
    110 Day St Brooklyn, CT 06234
    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 Arute
    (860) 684-0301
    Learn more
    Google sign-in failed. Please try again or use another login method.