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30 Beach Rd # 2, Wolcott, CT 06716

Three compact workspaces include utility service and access to shared meeting areas.

Property Size80 SF
Price / SF$6.25
Days on Market4

Property Features for 30 Beach Rd # 2

General Information

Standard status Active
Size 80 SF

Amenities

shared lobby
conference room

Building Details

Year Built 1960
Listing Agency: YellowBrick Real Estate LLC
Listed By: Maria M. Mercedes (203) 414-4793 (203) 445-6949
Source: Fairfieldcounty-properties
Added: Oct 18 Changed: Oct 21 Last Checked: Oct 21 at 2:17AM

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 YellowBrick Real Estate LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Three separate office units are available in Wolcott, each offering approximately 80 square feet of private workspace. The property includes a shared lobby and conference room for tenant use, along with off-street parking for tenants and visitors. All utilities are included.

Key Highlights

  • Three individual offices, each approximately 80 square feet
  • Utilities included
  • Shared lobby and conference room available to tenants

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$1,033
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,660 $20.7K
Cap Rate 7%
$14,757 $14.8K
Cap Rate 9%
$11,478 $11.5K
Market Conditions
NOI Build-Up for 80 SF
Gross rent
$1.7K $21.00/SF
− Vacancy
−$302 −$3.78/SF
EGI
$1.4K $17.22/SF
− OpEx
−$344 −$4.31/SF
NOI
$1.0K $12.92/SF
Area
Waterbury, CT
Vacancy
18.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,660
Cap Rate 7%
$14,757
Cap Rate 9%
$11,478

Alternative Uses

Best Use
Office B
$14.8K
$12.9K – $17.2K (±1% cap)
NOI $1,033 @ 7.0% cap · market cap 206.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$21.2K
$18.6K – $24.8K (±1% cap)
NOI $1,486 @ 7.0% cap · market cap 297.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Epiphany Counseling Service Crisis Center Amanda Hermann, LMT Alternative Medicine Practice Stillwater Holistic Health Physician New Day Bright ... High School Beauty by Shanti Cosmetic Store

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Parts Store Grocery & Convenience Store HVAC Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

193
Businesses Nearby

Demographics for 06716, CT

15,996
Population
6,337
Households
2.5
Avg Household Size
46
Median Age
36%
College-Educated
95%
High-School Grad
20.2 sq mi
ZIP Area
792
Density / Sq Mi
$114,529
Median Household Income
$56,463
Median Earnings
$1,650
Median Rent
$299,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Three compact workspaces include utility service and access to shared meeting areas.
Where is this office unit located?
The property is located at 30 Beach Rd # 2 Wolcott, CT.
What are key features of this property?
This property features: Three individual offices, each approximately 80 square feet; Utilities included; Shared lobby and conference room available to tenants
More about this property
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