Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Versatile Commercial/Industrial Property For Sale Title is generated by Realmo AI

    450 Burnham Street, South Windsor, CT 06074

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $499,900

    Flexible commercial property with office, warehouse, and yard space.

    Property size:
    13,220 SF
    Lot size:
    2.53 Acres
    Price / SF:
    $37/SF
    Added:
    Mar 9, 2026
    Days on Market:
    66
    Last Refresh:
    Mar 16 at 11:03 am

    Property Features for 450 Burnham Street

    General Information

    Standard status
    Active
    Size
    13,220 SF
    Lot size
    2.53 Acres

    Building Details

    Year Built
    1962

    We can help!

    Listing Contact
    WENDY DIANGELIS

    Listing agent WENDY DIANGELIS

    Listing office Berkshire Hathaway NE Prop.

    Listing date Mar 9, 2026

    Source Corcoran

    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 Berkshire Hathaway NE Prop.

    HighLights

    • Strategic location in South Windsor near major highways, providing easy access and transportation.
    • Versatile property suitable for various uses: office, industrial, warehousing, distribution, or light manufacturing.
    • Large 2.53‑acre corner lot with ample space for parking, outdoor storage, vehicle staging, and future expansion.
    • Massive full basement, approximately the size of the building, offering outstanding additional storage or warehousing space.
    • Industrial area with three large drive‑in doors for easy truck and equipment access.
    • Combination of industrial space with professional office areas, including multiple offices, a kitchenette, and three bathrooms.

    Overview

    This versatile commercial/industrial property is located in South Windsor, near major highways. Situated on a level 2.53-acre corner lot, the property offers functionality, visibility, and room for expansion. The building combines industrial space with professional office areas, making it suitable for contractors, service businesses, distribution, or light manufacturing. The interior includes multiple office spaces, a kitchenette, and three bathrooms. The industrial area features three large drive-in doors. A full basement, approximately the size of the building, provides additional space for storage, warehousing, inventory, or equipment. The expansive lot includes paved and open areas with room for parking, outdoor storage, vehicle staging, or future expansion. The corner lot location improves accessibility, and the partially fenced yard adds functionality and security. The property size is 13220 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    South Windsor
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6041599
    Latitude
    41.8000832

    Nearby Similar for Sale

    • $875,000
      5,281 SF

      Renovated Flex Commercial Asset

      Fully renovated flex commercial property with income diversification potential.
      240 Chapel Road, South Windsor, CT 06074
      View Details
    • $1,200,000
      8,900 SF

      South Windsor Commercial Facility

      8,900 sq ft industrial/commercial facility on 1.2 acres.
      151 Strong Road, South Windsor, CT 06074
      View Details
    • $239,900
      1,250 SF

      South Windsor Business Condominium

      Turn-key first-floor office condominium in South Windsor.
      225 Oakland Road, South Windsor, CT 06074
      View Details
    • $214,900
      1,431 SF

      South Windsor Commercial Condo For Sale

      Commercial condo in South Windsor, suitable for various professional uses.
      225 Oakland Road, South Windsor, CT 06074
      View Details
    • $499,900
      3,680 SF

      Farmhouse-Style Two-Family Home

      Two-family home in South Windsor with investment potential.
      892-894 Main Street, South Windsor, CT 06074
      View Details
    • $369,900
      1,200 SF

      Renovated Church Property For Sale

      Spacious, renovated church with meeting hall, classrooms, and subdivision potential.
      400 Chapel Rd STE 2A, South Windsor, CT 06074
      View Details
    • $1,200,000
      8,900 SF

      South Windsor Industrial/Commercial Facility

      8,900 sq ft industrial/commercial facility on 1.2 acres.
      151 Strong Road, South Windsor, CT 06074
      View Details
    • $499,900
      3,600 SF

      South Windsor Two-Family Home

      Farmhouse-style duplex with value-add potential in South Windsor.
      892-894 Main St, South Windsor, CT 06074
      View Details
    • $139,900
      1,250 SF

      Versatile Commercial Condo with Garage

      1,250 sq ft condo with flexible layout and accessibility.
      400 Chapel Rd 1C, South Windsor, CT 06074
      View Details
    • Contact for pricing
      1,250 SF

      Versatile Commercial Condo with Garage

      1,250 SF commercial condo with flexible layout and garage.
      400 Chapel Road Unit 1C, South Windsor, CT 06074
      View Details
    • Contact for pricing
      1,500 SF

      High Bay Warehouse Opportunity

      High bay warehouse with private bathroom in industrial park.
      1518 John Fitch Boulevard, South Windsor, CT 06074
      View Details
    • $600,000
      1,506 SF

      Office Building on Oakland Road

      Office building with parking on a large lot for sale.
      41 Oakland Rd, South Windsor, CT
      View Details

    FAQs

    What type of property is this?
    Flex space - Flexible commercial property with office, warehouse, and yard space.
    Where is this flex space located?
    The property is located at 450 Burnham Street South Windsor, CT.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: Strategic location in South Windsor near major highways, providing easy access and transportation.; Versatile property suitable for various uses: office, industrial, warehousing, distribution, or light manufacturing.; **Large 2.53‑acre corner lot with ample space for parking, outdoor storage, vehicle staging, and future expansion.**
    (860) 515-3100
    We can help!
    Listing Contact
    WENDY DIANGELIS
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    450 Burnham Street, South Windsor, CT 06074
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!