Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    205 East High St, Unit 3 East Hampton, CT 06424

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $999 /Mo ($15 SF/Yr)

    750 sqft office space for rent, flexible terms.

    Property size:
    750 SF
    Lot size:
    1.86 Acres

    Property Features for 205 East High St

    General Information

    Standard status
    Active
    Size
    750 SF
    Lot size
    1.86 Acres

    Building Details

    Year built
    1982

    We can help!

    Listing Contact
    Wesley B. Jenks
    Source: Corcoran

    Listing Agent: Wesley B. Jenks

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

    Learn more

    Property Insight Report

    Overview

    Small Office Space Available

    This property offers a small office space available for rent. The space measures 750 square feet. Flexible lease terms are considered.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Showevent Event Planner Edward Jones - Financial ... Stock Broker Jenks Productions LLC Event Planner Romeyn Peter S ... Doctor Longo William A MD Medical Office

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Auto Repair Shop Wholesale Shop Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    East Hampton
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.4873853
    Latitude
    41.6019204

    Nearby Similar for Lease

    • $27 SF/Yr
      18,308 SF

      Turnkey Medical/Retail Space Available

      Move-in ready medical office and retail space in East Hampton.
      42 E High St, East Hampton, CT 06424
      View Details
    • $25 SF/Yr
      4,500 SF

      Restaurant Space in Mixed-Use Property

      Ground-floor restaurant space with customizable layout and outdoor patio.
      136 East High St, East Hampton, CT 06424
      View Details
    • $1,800 /Mo
      1,580 SF

      East Hampton Office Space Available

      1580 SF office space with great visibility for lease.
      142 E High St, East Hampton, CT 06424
      View Details
    • Contact for pricing
      70,260 SF

      East Hampton Plaza Retail Space

      Prime Retail Space, High Traffic Area
      11 High St, East Hampton, CT 06424
      View Details
    • $5,000 /Mo
      5,000 SF

      Spacious Standalone Building, Build-Out Ready

      5,000 sq ft building suitable for retail, office, medical.
      13 north Main St, East Hampton, CT 06424
      View Details
    • $500 /Mo
      700 SF

      Modern Office Space For Lease

      Bright, versatile 700 sq ft office space, ideal for startups.
      13 NORTH Main St, East Hampton, CT 06424
      View Details
    • $500 /Mo
      700 SF

      Modern Office Space For Lease

      Bright, versatile 700 sq ft office space for lease.
      13 NORTH Main St, East Hampton, CT 06424
      View Details
    • $24 SF/Yr
      1,461 SF

      Retail Space For Lease

      Retail building with ample parking and high traffic volume.
      1 S Main St, Marlborough, CT 06424
      View Details
    • $20 SF/Yr
      4,416 SF

      Marlborough Medical Office Space

      2,500 SF Medical Office Available
      5 Main St, Marlborough, CT 06447
      View Details
    • Contact for pricing
      2,500 SF

      Dominant Shopping Center Retail Space

      Retail space available in East Hampton Plaza shopping center.
      9 E High St, East Hampton, CT 06424
      View Details
    • $1,200 /Mo
      800 SF

      East Hampton Office Space Available

      Office space in the heart of East Hampton for rent.
      10 Summit St, East Hampton, CT 06424
      View Details
    • $25 SF/Yr
      8,902 SF

      East Hampton Retail/Medical Space

      8,902 SF space suitable for retail or medical use.
      151 E High St, East Hampton, CT 06424
      View Details

    FAQs

    What type of property is this?
    Office space - 750 sqft office space for rent, flexible terms.
    Where is this office space located?
    The property is located at 205 East High St, Unit 3 East Hampton, CT.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Great small office space; - Reasonable rent; - Flexible terms considered
    (561) 909-7217
    Request Owner's contact information
    205 East High St, Unit 3 East Hampton, CT 06424
    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.
    205 East High St, Unit 3
    East Hampton, CT 06424
    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
    205 East High St, Unit 3 East Hampton, CT 06424
    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
    Wesley B. Jenks
    Real Estate License ID: REB.0788627
    (561) 909-7217
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.