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

    65 Pln Industrial Rd Unit Wallingford, CT 06492

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $299,900

    3,020 sq ft Office Condo, Prime Location

    Property size:
    3,020 SF

    Property Features for 65 Pln Industrial Rd Unit

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,020 SF

    Building Details

    Year Built
    1987

    We can help!

    Listing Contact
    Maria Vilar

    Listing Agency: Briotti Group L.L.C. Listing Agent: Maria Vilar

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 3,020 square foot commercial condominium is ideally situated at Prestige Park, 65 N Plains Industrial Road, Unit STE 11, Wallingford, CT. Its prime location offers easy access to major transportation arteries, including Route 5, downtown Wallingford, Interstate 91, and Route 15, placing your business within convenient reach of a wide customer base and efficient logistics. The property boasts ample parking in front and a convenient loading dock, streamlining operations and ensuring ease of access for both employees and clients. Classified as an office condo, this unit benefits from a newer air conditioning condenser and a compressor/dehumidifier, ensuring a comfortable and efficient workspace. Monthly condo fees are $340.19. The property is part of a thriving industrial park area, surrounded by other successful businesses, creating a synergistic and supportive environment. This presents a fantastic opportunity for businesses seeking a well-maintained, conveniently located, and functional office space. The asking price is $299,900. Please schedule a private showing to explore this exceptional opportunity. Tenants should not be disturbed.
    Property Profile Location Intelligence

    Current Use by Public Records

    STABAN Engineering Corp. Industrial Manufacturer ISG Software Group ... (Bike/Boat/Book/etc) Store Beyond Components Electronics & Wireless Store Excel Elevator & Escalator: ... General Contractor Tee It Up Production Facility

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wallingford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.81922
    Latitude
    41.48253

    Nearby Similar for Sale

    • $650,000
      2,962 SF

      Mixed-Use Property Near Train Station

      Mixed-use property with retail and residential units near train station.
      85 N Colony St, Wallingford, CT 06492
      View Details
    • $650,000
      2,868 SF

      Wallingford Mixed-Use Building For Sale

      Mixed-use building in Wallingford center, near train station.
      85 N Colony St, Wallingford, CT 06492
      View Details
    • $450,000
      2,028 SF

      Wallingford Commercial Building For Sale

      Single-story commercial building with automotive service history in thriving district.
      995 N Colony Rd, Wallingford, CT 06492
      View Details
    • $350,000

      Specialty Property For Sale

      Specialty property available for purchase.
      54 Kondracki Ln, Wallingford, CT 06492
      View Details
    • $550,000

      Specialty Property For Sale

      Specialty property available for purchase.
      69 Northford Rd, Wallingford, CT 06492
      View Details
    • $3,100,000
      31,000 SF

      Wallingford Flex Space For Sale

      Office/flex space available in Wallingford's Barnes Industrial Park.
      1 Barnes Industrial Rd S, Wallingford, CT 06492
      View Details
    • $419,900

      Specialty Property For Sale

      Specialty property available for purchase.
      32 Brian Rd, Wallingford, CT 06492
      View Details
    • $439,900

      Wallingford Specialty Property For Sale

      Specialty property available for purchase in Wallingford, Connecticut.
      30 Clinton Pl, Wallingford, CT 06492
      View Details
    • $679,900

      Wallingford Specialty Property For Sale

      Specialty property available for purchase in Wallingford, Connecticut.
      4 Sunset Dr, Wallingford, CT 06492
      View Details
    • $288,000

      Wallingford Specialty Property For Sale

      Specialty property available for purchase in Wallingford, Connecticut.
      11 Westview Dr, Wallingford, CT 06492
      View Details
    • $1,175,000

      Specialty Property For Sale

      Specialty property available for purchase.
      16 Marie Ln, Wallingford, CT 06492
      View Details
    • Contact for pricing
      21,177 SF

      Industrial Flex Building For Sale

      21,177 SF industrial flex building on 2.43 acres.
      135 N Plains Industrial Rd, Wallingford, CT 06492
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 3,020 sq ft Office Condo, Prime Location
    Where is this commercial real estate located?
    The property is located at 65 Pln Industrial Rd Unit Wallingford, CT.
    What is the asking price?
    The asking price for this property is $299,900.
    (203) 910-5858
    Request Owner's contact information
    65 Pln Industrial Rd Unit Wallingford, CT 06492
    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.
    65 Pln Industrial Rd Unit
    Wallingford, CT 06492
    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
    65 Pln Industrial Rd Unit Wallingford, CT 06492
    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
    Maria Vilar
    Real Estate License ID: RES.0752719
    (203) 910-5858 (203) 879-2339
    Learn more
    Google sign-in failed. Please try again or use another login method.