Commercial Real Estate Market in Chaplin, CT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
71 active listings and 458 off-market properties in Chaplin, CT. Commercial property asks $221/SF to buy and $20.29/SF/Yr to lease.
Market Trends
Chaplin, CT spans 19.3 square miles in Windham County, Connecticut. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Chaplin, CT runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Chaplin, CT asks $152/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Chaplin, CT runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Chaplin, CT asks $143/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 68%
- Commercial 3.6%
- Industrial 1.4%
Largest Zones share of zoned land by district
Rural Agricultural Residence District
State And Federal Land
Business District
Industry District
Chaplin, CT zones 12,586 acres across 4 districts. Commercial zoning covers 3.6% of zoned land, residential 68% and industrial 1.4%. The largest single district is Rural Agricultural Residence District at 68%. For commercial buyers the practical constraint is that only 5% of land carries a commercial or industrial designation.
Industry District (L)
The purpose of L zone is to promote industrial and manufacturing related uses
Market overview
Demographics & Economy
Chaplin, CT has 2,089 residents in 913 households. Density runs 108 people per square mile. Median household income here is $96,944 and median gross rent $1,136 a month.
2,089
Population
913
Households
2.3
Avg Household Size
46
Median Age
24%
College-Educated
94%
High-School Grad
19.3 sq mi
ZIP Area
108
Density / Sq Mi
$96,944
Median Household Income
$48,693
Median Earnings
$1,136
Median Rent
$243,500
Median Home Value
Tools
Lease vs Buy Breakeven
At $20.29/SF/Yr lease vs $221/SF buy → buying wins if held > 1.6 years.
At a 9.2% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| North Windham | — | $20.29 |
| Brooklyn | — | — |
Commercial property in Chaplin, CT asks $221/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Chaplin?
Commercial property in Chaplin, CT asks an average of $221 per square foot. The 4 most recent recorded sales traded at a median of $207/SF, so asking sits 7% above the achieved median. Retail carries the highest asking price at $152/SF.
How much does it cost to lease commercial space in Chaplin?
Asking lease rates in Chaplin, CT average $20.29 per square foot per year.
Is it cheaper to lease or buy commercial space in Chaplin?
Buying beats leasing in Chaplin, CT if the property is held longer than 1.6 years, comparing $20.29/SF/Yr asking rent with $221/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Chaplin?
Chaplin, CT zones 12,586 acres across 4 districts, of which 3.6% is commercial and 1.4% industrial. The largest single district is Rural Agricultural Residence District at 68% of zoned land. Residential zoning covers 68% and open space 0%.
Where does Realmo's Chaplin market data come from?
Realmo compiles Chaplin, CT figures from 6 recent recorded sales, 41 active sale listings, 30 active lease listings, 458 tracked off-market properties, the current Chaplin zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 41 active for-sale and 30 active for-lease listings in Chaplin, CT. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 12,586 zoned acres across 4 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
