Flex Industrial Property with
585 Wolcott Rd Wolcott, CT 06716
585 Wolcott Rd, Wolcott, CT, 06716
Contact for pricing
For Sale
Contact for pricing
Two-building flex/industrial site totaling approximately 4,200 SF on 0.75 acres with a large parking area.
Property Size4,200 SF
Lot Size0.75 Acres
Price / SF$117.86
Days on Market54
Property Features for 585 Wolcott Rd
General Information
- Standard status
- Active
- Size
- 4,200 SF
- Lot size
- 0.75 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Godin Property Brokers
(203) 577-2277
Listed by
Edward Godin, SIOR
Source
Moodyscre
Added: May 29 Updated: Jul 21 at 6:18AM Checked: Jul 21 at 6:18AM
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.
This for-sale flex/industrial property includes approximately 4,200 SF across two buildings on a 0.75-acre site. The property is positioned in an area described as having high traffic and strong exposure, with a large parking area to support customer or tenant parking needs.
The site is located at 585 Wolcott Rd in Wolcott, CT 06716. The property is identified as GC Commercial zoned in the available information, and it is offered as a consolidated property for multiple business uses.
The buildings and parking layout provide a practical setup for businesses seeking on-site flexibility within a two-building configuration.
The site is located at 585 Wolcott Rd in Wolcott, CT 06716. The property is identified as GC Commercial zoned in the available information, and it is offered as a consolidated property for multiple business uses.
The buildings and parking layout provide a practical setup for businesses seeking on-site flexibility within a two-building configuration.
Key Highlights
- Two‑building flex/industrial site totaling approximately 4,200 +/- SF
- Situated on 0.75 acres with a large parking area
- GC commercial zoning
Local Financial Insights For Industrial
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 | $49.4k | $11.76 |
| − Vacancy | −$3.0k | −$0.71 |
| EGI | $46.4k | $11.05 |
| − OpEx | −$13.9k | −$3.32 |
| NOI | $32.5k | $7.74 |
4,200 SF · lease $11.76/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$681.4K
$596.2K – $795.0K
NOI $47,699 @ 7.0% cap · market cap 9.64%
Second Best
Industrial
$464.3K
$406.3K – $541.7K
NOI $32,500 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$1.11M
$975.2K – $1.30M
NOI $78,019 @ 7.0% cap · market cap 15.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Musco Propane
Propane Supplier
Musco Fuel & Heating ...
Propane Supplier
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FAQs
What type of property is this?
Flex space - Two-building flex/industrial site totaling approximately 4,200 SF on 0.75 acres with a large parking area.
Where is this flex space located?
The property is located at 585 Wolcott Rd Wolcott, CT.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two‑building flex/industrial site totaling approximately 4,200 +/- SF; Situated on 0.75 acres with a large parking area; GC commercial zoning
