Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9 Heritage Park Rd Clinton, CT

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    42,000 SF industrial building on 4.12 acres.

    Type:INDUSTRIAL
    Property size:
    42,000 SF
    Lot size:
    4.09 Acres
    Added:
    Apr 8, 2025
    Days on Market:
    385
    Last Refresh:
    Apr 5 at 9:51 pm

    Property Features for 9 Heritage Park Rd

    General Information

    Standard status
    Active
    Size
    42,000 SF
    Lot size
    4.09 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 9 Heritage Park Rd Contact us

    We can help!

    Listing Contact
    James Panczykowski
    James Panczykowski

    Listing agent James Panczykowski

    Listing office JLL | Stamford

    Listing date Apr 8, 2025

    Source Moodyscre

    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 JLL | Stamford

    Overview

    Clinton Industrial Building For Sale

    An industrial building with 42,000 square feet of space is available for sale at 9 Heritage Park Rd, Clinton, CT. Constructed in 1974, the building is situated on approximately 4.12 acres. The property features ceiling heights ranging from approximately 19 feet 7 inches to 25 feet 5 inches and a 100% wet sprinkler system. Column spacing varies, with some sections at 26 feet on center and others at 24 feet by 75 feet. There are six dock doors in total, including four measuring 8 feet by 8 feet and two measuring 8 feet by 10 feet, equipped with levelers and seals. Utility services include water provided by CT Water, sewer via septic system, gas from SCG, and electricity from Eversource with 1,200 amps.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Clinton Storage Center — 338 E Main St, Clinton, CT 06413
    • Global Self Storage — 6 Heritage Park Rd, Clinton, CT 06413

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.502
    Latitude
    41.2775

    Nearby Similar for Sale

    • $439,900
      1,902 SF

      Clinton Two-Family Ranch House

      Two-family ranch in Clinton, convenient location, separate utilities.
      38 Sunnybrook Lane, Clinton, CT 06413
      View Details
    • $625,000
      3,296 SF

      Historic Office Building on Route 1

      Versatile commercial property with historic charm and convenient location.
      130 E Main Street, Clinton, CT 06413
      View Details
    • $1,600,000
      11,250 SF

      Shoreline Commercial Warehouse Opportunity

      Versatile 11,250 SF warehouse with highway access and acreage.
      64 Nod Rd, Clinton, CT 06413
      View Details
    • Contact for pricing
      11,250 SF

      Shoreline Commercial Warehouse Opportunity

      Versatile warehouse with functionality, access, and expansion potential.
      64 Nod Road, Clinton, CT 06413
      View Details
    • $1,999,999
      12,399 SF

      Mixed-Use Building in Historic Clinton

      Mixed-use building in historic Clinton, CT, for lease or sale.
      1 W Main St, Clinton, CT
      View Details
    • $69,000
      889 SF

      Open Office Space Available

      Open office space with new flooring and fresh paint.
      10 Bluff Ave, Clinton, CT
      View Details
    • $2,400,000

      Fully Leased Retail and Office

      Well-maintained retail and office property with long-term tenants.
      250-252 E Main St, Clinton, CT 06413
      View Details
    • Contact for pricing
      42,000 SF

      Clinton Industrial Building For Sale

      42,000 SF industrial building on 4.12 acres available for sale.
      9 Heritage Park Rd, Clinton, CT 06413
      View Details
    • $625,000
      3,296 SF

      Historic Office Building on Route 1

      Versatile commercial property with historic charm and convenient location.
      130 E Main Street, Clinton, CT 06413
      View Details
    • $1,999,999
      12,931 SF

      Mixed-Use Retail Investment Portfolio

      Six-building mixed-use retail investment property, 90% occupied.
      5 W Main St, Clinton, CT 06413
      View Details
    • $2,400,000
      12,050 SF

      Fully Leased Retail and Office

      Well-maintained retail and office property with long-term tenants.
      250-252 East Main Street, Clinton, CT 06413
      View Details
    • Contact for pricing
      2,500 SF

      Retail Property with Drive-Thru Potential

      Retail property with drive-thru, near major retailers and I-95.
      224-230 E Main St, Clinton, CT
      View Details

    FAQs

    What type of property is this?
    Warehouse - 42,000 SF industrial building on 4.12 acres.
    Where is this warehouse located?
    The property is located at 9 Heritage Park Rd Clinton, CT.
    What are key features of this property?
    This property features: 42,000 sf industrial space available.; Clear ceiling height ranging from ~19’7” to 25’5”.; Situated on ~4.12 acres.
    (551) 404-8834 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing James Panczykowski
    James Panczykowski
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!