Brand New Industrial
239 Wolcott Rd Wolcott, CT 06716
For Sale
Contact for pricing
New industrial condominium with 16’ ceilings, oversized drive-in doors, and sealed epoxy floors.
Property Size9,000 SF
Price / SF$199
Days on Market62
Property Features for 239 Wolcott Rd
General Information
Standard status
Active
Size
9,000 SF
Property subtype
INDUSTRIAL
Listing Agency:
Godin Property Brokers
(203) 577-2277
Listed By:
Brian Godin
Source:
Moodyscre
Added: May 29
Changed: Jul 26
Last Checked: Jul 28 at 3:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Godin Property Brokers
Investment Insights
Based on property information with market context.
Brand new industrial condominium at Farmingbury Commons, offered for sale. The space features fully drywalled construction with sealed epoxy floors and 16’ ceilings. Loading is handled via automatic oversized drive-in doors sized 14’ x 12’. Front space includes upper windows, and second-floor office space is possible.
The property is located at 239 Wolcott Rd in Wolcott, Connecticut. This is a flex/industrial product built to support warehouse and light industrial uses within a condominium setup.
As presented, the improvements emphasize a finished, ready-for-occupancy interior with durable flooring and practical vehicle access for day-to-day operations.
The property is located at 239 Wolcott Rd in Wolcott, Connecticut. This is a flex/industrial product built to support warehouse and light industrial uses within a condominium setup.
As presented, the improvements emphasize a finished, ready-for-occupancy interior with durable flooring and practical vehicle access for day-to-day operations.
Key Highlights
- Brand new industrial condominiums (Farmingbury Commons)
- 16’ ceilings
- Automatic oversized drive‑in doors (14’ x 12’)
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $172.8k | $19.20 |
| − Vacancy | −$15.6k | −$1.73 |
| EGI | $157.2k | $17.47 |
| − OpEx | −$55.0k | −$6.12 |
| NOI | $102.2k | $11.36 |
9,000 SF · lease $19.20/SF/yr · vacancy 9.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.46M
$1.28M – $1.70M
NOI $102,211 @ 7.0% cap · market cap 5.68%
Second Best
Warehouse
$1.18M
$1.03M – $1.37M
NOI $82,413 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$2.39M
$2.09M – $2.79M
NOI $167,184 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Red Apple Catering — Garthwait Rd, Wolcott, CT 06716
Frequently Asked Questions
What type of property is this?
Flex space - New industrial condominium with 16’ ceilings, oversized drive-in doors, and sealed epoxy floors.
Where is this flex space located?
The property is located at 239 Wolcott Rd Wolcott, CT.
What is the asking price?
The asking price for this property is $1,799,994.
What are key features of this property?
This property features: Brand new industrial condominiums (Farmingbury Commons); 16’ ceilings; Automatic oversized drive‑in doors (14’ x 12’)
