Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Spacious Industrial Building on Acreage Title is generated by Realmo AI

    51 Ridge Road Putnam, Putnam, CT 06260

    View on Map
    Claim this Listing
    For Sale
    $1,900,000

    17,448 SF industrial building on 3.5+ acres for sale.

    Property size:
    17,248 SF
    Lot size:
    3.50 Acres
    Price / SF:
    $110/SF
    Added:
    May 16, 2026
    Days on Market:
    14
    Last Refresh:
    May 16 at 2:05 am

    Property Features for 51 Ridge Road Putnam

    General Information

    Standard status
    Active
    Size
    17,248 SF
    Lot size
    3.50 Acres

    Building Details

    Year Built
    2014

    We can help!

    Listing Contact
    Jadaiya Stanley

    Listing agent Jadaiya Stanley

    Listing office

    Listing date May 16, 2026

    Source Milestonerealtyinc

    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 Jadaiya Stanley

    HighLights

    • Large 17,448 sq ft metal building suitable for various operations.
    • Expansion‑ready 3.5+ acre lot with ample exterior yard space.
    • Modern construction (built in 2014) with functional layout.
    • 155‑foot clear‑span layout with 16‑foot ceilings providing excellent open floor space.
    • Includes multiple private offices and conference rooms.
    • Features a 12'x14' overhead door.

    Overview

    This 17,448 square foot metal building, constructed in 2014, is located in an established industrial park and situated on over 3.5 acres. The property is suitable for manufacturing, distribution, warehousing, or service-based operations. The facility features a 155-foot clear-span layout with 16-foot ceilings, providing open floor space. A 12'x14' overhead door allows for loading and access. The building includes multiple private offices and conference rooms. Additional features include city water, efficient heat pump systems, and exterior yard space for parking, storage, or future development.
    Location Intelligence

    Current Use by Public Records

    Carolina Precision Technologies Industrial Manufacturer

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Big Box & Wholesale Store Pharmacy Auto Parts Store Department Store Bar & Pub Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Putnam
    County
    Windham
    State
    Connecticut
    Longitude
    -71.888717
    Latitude
    41.887982

    Nearby Similar for Sale

    • $374,900
      3,591 SF

      Turnkey Putnam Multifamily Investment

      Well-maintained 3-unit property with strong income potential.
      62-64 Chapman Street, Putnam, CT 06260
      View Details
    • $3,500,000
      55,651 SF

      Putnam Industrial Facility on 7.88 Acres

      52,000+ sqft industrial building suitable for manufacturing, warehousing, distribution.
      30 Harris, Putnam, CT 06260
      View Details
    • $849,900
      6,509 SF

      Putnam Multifamily Investment Opportunity

      Four units plus a three-family house on one property.
      129 Woodstock Avenue, Putnam, CT 06260
      View Details
    • $250,000
      1,876 SF

      Two-Family Home: Investment Opportunity

      Two-family home in Putnam, CT, ideal for investment or owner-occupancy.
      15 Milton Street, Putnam, CT 06260
      View Details
    • $225,000
      2,803 SF

      Putnam Multi-Family Investment Opportunity

      Three-unit property near shopping and dining in Putnam, Connecticut.
      137-139 Woodstock Avenue, Putnam, CT 06260
      View Details
    • $275,000
      2,074 SF

      Putnam Duplex: Investment Opportunity

      Two-family property near downtown Putnam, ideal for investors or owner-occupiers.
      236 Church Street, Putnam, CT 06260
      View Details
    • $374,500
      1,887 SF

      Updated Multi-Family Putnam Property

      Well-maintained, renovated 3-family property near amenities, ideal for investors.
      203 School Street, Putnam, CT 06260
      View Details
    • $349,900
      2,150 SF

      Turnkey Putnam Investment Opportunity

      Well-maintained two-family property in Putnam, ideal for investors.
      25-27 Farrows Street, Putnam, CT 06260
      View Details
    • $379,900
      1,892 SF

      Updated Duplex in Putnam, CT

      Well-maintained, updated duplex with solar panels near amenities and highways.
      29 Florence Street, Putnam, CT 06260
      View Details
    • $1,900,000
      17,448 SF

      Spacious Industrial Building on Acreage

      17,448 SF industrial building on 3.5 acres for sale.
      51 Ridge Road, Putnam, CT 06260
      View Details
    • $3,499,999

      Putnam Parkade Retail Center ForSale

      Retail center in Putnam, CT, near major retailers.
      62 Providence Pike, Putnam, CT 06260
      View Details
    • $525,000

      Updated Multifamily Buildings Near Downtown

      Five units in two buildings, updated and near downtown.
      77 Chapman St, Putnam, CT 06260
      View Details

    FAQs

    What type of property is this?
    Flex space - 17,448 SF industrial building on 3.5+ acres for sale.
    Where is this flex space located?
    The property is located at 51 Ridge Road Putnam Putnam, CT.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Large 17,448 sq ft metal building suitable for various operations.; Expansion‑ready 3.5+ acre lot with ample exterior yard space.; Modern construction (built in 2014) with functional layout.
    (508) 501-1443
    We can help!
    Listing Contact
    Jadaiya Stanley
    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
    51 Ridge Road, Putnam, CT, CT 06260
    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!