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    29 Naek Rd Vernon, CT 06066

    Sponsored
    For Sale
    $2,150,000

    ±21,540 SF Flex Space, Great Location

    Property size:
    21,540 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This ±21,540 square foot industrial/flex property, located at 29 Naek Road in Vernon, CT 06066, presents a compelling investment opportunity. Built in 1996, the single-story building sits on a substantial 2.64-acre lot, offering ample space and potential. The property boasts six loading docks, a 15-foot clear ceiling height, and 100 parking spaces, catering to a variety of operational needs. Currently, three long-term tenants occupy the space, with existing rental income significantly below current market rates, suggesting strong potential for increased revenue. The property is zoned GB and benefits from a convenient location east of the Connecticut River, providing easy access to major highways, regional markets, and the airport. Recent improvements include a new roof. This well-maintained property is ideal for an owner-user seeking a blend of industrial and flex space, or for an investor looking for a strong return on investment. The property's size, features, and location combine to create a highly desirable asset in a thriving market.

    Property Features for 29 Naek Rd

    General Information

    Property type
    Flex space
    Square Feet
    21,540 SF
    Lot Size
    114,998 SF

    Building Details

    Year Built
    1996
    Stories
    1

    HighLights

    • 6 loading docks
    • New roof
    • 15' clear height
    • Below‑market rents with three long‑term tenants
    • 100 parking spaces
    • Excellent location east of the Connecticut River, providing easy highway, market, and airport access
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Practice Partners, ... Medical Billing Service Nth Degree Solutions, ... Computer Service The Cleaning Authority - Vernon House Cleaning Service Hockanum Valley Community ... Food Bank Joseph Bartoszek General Practitioner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Vernon
    County
    Tolland
    State
    Connecticut
    Longitude
    -72.4934237
    Latitude
    41.8394215

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    FAQs

    What type of property is this?
    Flex space - ±21,540 SF Flex Space, Great Location
    Where is this flex space located?
    The property is located at 29 Naek Rd Vernon, CT.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: 6 loading docks; New roof; 15' clear height
    Request Owner's contact information
    29 Naek Rd Vernon, CT 06066
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    Realmo Value Estimation

    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.

    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.

    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
    29 Naek Rd Vernon, CT 06066
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