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

    90 Whiting St Plainville, CT 06062

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contract
    $329,888

    Modern office space with open layout and recent updates.

    Property size:
    4,425 SF
    Lot size:
    0.20 Acres

    Property Features for 90 Whiting St

    General Information

    Standard status
    Contract
    Size
    4,425 SF
    Lot size
    0.20 Acres

    Building Details

    Year built
    1925

    We can help!

    Listing Contact
    Mark Gracia
    Source: Corcoran

    Listing Agency: William Raveis Real Estate Listing Agent: Mark Gracia

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Updated Office Space in Plainville

    Located at 90 Whiting Street in Plainville, CT, this updated office space offers a convenient location near restaurants and shopping. The property features an open floor plan with space for 20 cubicles, a dedicated conference room, and a private office. The total area encompasses 4,425 square feet. Building highlights include recent updates such as new windows and a new roof. Off-street parking is available for up to 10 vehicles. This property is suitable for a growing business or professional office setting.
    Location Intelligence

    Current Use by Public Records

    Telereach Professional Services

    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
    Plainville
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.867094
    Latitude
    41.666975

    Nearby Similar for Sale

    • $120,000
      1,055 SF

      Plainville Office Space For Sale

      Commercial space in downtown Plainville with multiple offices.
      55 Whiting St Unit, Plainville, CT 06062
      View Details
    • $850,000
      2,944 SF

      Profitable Restaurant and Lounge Business

      Profitable restaurant/lounge business for sale on East Main Street.
      93 East Main St, Plainville, CT 06062
      View Details
    • $400,000

      Retail/Office Space on Route 10

      1140 SF retail/office space with road frontage.
      282 East St, Plainville, CT 06062
      View Details
    • $400,000

      Retail/Office Space on Route 10

      1140 SF retail/office space with road frontage.
      282 East St, Plainville, CT 06062
      View Details
    • $120,000

      Downtown Plainville Office Space

      Commercial space in well-maintained building with parking and elevator.
      55 Whiting St, Plainville, CT 06062
      View Details
    • $150,000
      Pending

      First-Floor Office Condo For Sale

      Sophisticated office condo in Plainville, excellent location and amenities.
      55 Whiting St, Plainville, CT 06062
      View Details
    • $299,000
      1,210 SF

      Updated Retail Space in Plainville

      Prime commercial space in a high-traffic area, suitable for retail.
      350 Farmington Ave, Plainville, CT 06062
      View Details
    • $120,000
      1,055 SF

      Downtown Plainville Office Space

      Professional office space in a well-maintained building.
      55 Whiting St, Plainville, CT 06062
      View Details
    • $1,550,000

      Industrial Building Near Route 72

      Industrial building with eight units and excellent tenants.
      15 Washington St, Plainville, CT 06062
      View Details
    • Contact for pricing
      23,000 SF

      Retail Plaza For Sale

      Retail plaza with 93% occupancy and excellent visibility.
      58-62 East St, Plainville, CT 06062
      View Details
    • Contact for pricing
      2,464 SF

      Retail Property in Plainville

      Retail property for sale with 2,464 square feet of space.
      318 Farmington Ave, Plainville, CT 06062
      View Details

    FAQs

    What type of property is this?
    Office units - Modern office space with open layout and recent updates.
    Where is this office units located?
    The property is located at 90 Whiting St Plainville, CT.
    What is the asking price?
    The asking price for this property is $329,888.
    What are key features of this property?
    This property features: - Spacious 4,425 sq ft office space suitable for a growing business.; - Recently updated with **new windows and roof.**; - Convenient location close to restaurants and shopping.
    (203) 272-0000
    Request Owner's contact information
    90 Whiting St Plainville, CT 06062
    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.
    90 Whiting St
    Plainville, CT 06062
    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
    90 Whiting St Plainville, CT 06062
    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

    We can help!
    Listing Contact
    Mark Gracia
    Real Estate License ID: REB.0750463
    (203) 272-0000 (203) 272-0001
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!