Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7 Timber Ridge Rd Middletown, CT 06457
    Back to Search
    Property profile & analytics

    7 Timber Ridge Rd, Middletown, CT 06457

    View on Map
    • Land
    • 6.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 7 Timber Ridge Rd

    Lot size
    6.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 6-acre commercial and industrial land parcel presents a remarkable investment opportunity in Middletown, Connecticut. Located at 7 Timber Ridge Road, this vacant lot is zoned I-T, offering significant potential for a wide range of development projects. Its strategic location provides easy access to I-91 at exit 20 and Route 372, ensuring excellent connectivity for businesses and employees. The property boasts all essential city utilities, including water, sewer, and gas, simplifying the construction process. Ideal for various uses, including office space, warehousing, manufacturing facilities, breweries, medical offices, laboratories, or machine shops, this site is perfectly positioned within a well-established industrial area of Middletown. The asking price is $400,000, making it an attractive proposition for investors and end-users seeking a prime location to build their next venture. The lot's size and zoning regulations offer considerable flexibility for developers to tailor the property to their specific needs and vision. Don't miss this chance to acquire a highly desirable piece of land in a thriving Connecticut market. The property is ready for immediate development.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.7354
    Latitude
    41.5832

    Comparable in this City

    • Value Estimation by Request
      8.89 Acres

      810 Middle St

      Land
      810 Middle St, Middletown, CT 06457
      View Details
    • Value Estimation by Request
      18.45 Acres

      250 Roscommon Dr

      Land
      250 Roscommon Dr, Middletown, CT 06457
      View Details
    • Value Estimation by Request
      5.12 Acres

      734 Middle St

      Land
      734 Middle St, Middletown, CT 06457
      View Details
    • Value Estimation by Request
      11.07 Acres

      1443-1453 Saybrook Rd

      Farms
      1443-1453 Saybrook Rd, Middletown, CT 06457
      View Details
    • Value Estimation by Request
      63.50 Acres

      1866 Riv Rd

      INDUSTRIAL (GENERAL)
      1866 Riv Rd, Middletown, CT 06457-5712
      View Details
    • Value Estimation
      $2,985,000
      46,156 SF

      437 Middle St

      INDUSTRIAL (GENERAL)
      437 Middle St, Middletown, CT 06457-1547
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      7.6 Acre Land Parcel

      7.6 acre land parcel available for sale.
      754 Middle St, Middletown, CT 06457
      View Details
    • $1,200,000
      29.37 Acres

      Middletown Land with Development Potential

      29.37 acres of wooded land with development potential.
      Country Clb Rd And Massa Tom Rd E, Middletown, CT 06457
      View Details
    • $300,000
      2 SF

      Land For Sale Middletown

      Two acre land parcel available in Middletown, Connecticut.
      53 Tuttle Pl, Middletown, CT 06457
      View Details
    • Contact for pricing
      5,176 SF

      Middletown Income Property Package

      Four income-producing units, workshop, and vacant land parcels.
      28 Portland St, Middletown, CT 06457
      View Details
    • Contact for pricing

      Middletown Land with Development Opportunity

      11.07 acres of land for sale in Middletown, CT.
      1471 Saybrook Rd, Middletown, CT 06457
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,180 SF

      Industrial Space Available For Rent

      Industrial property with 1,180 square feet available for lease.
      2015 S Main St, Middletown, CT 06457
      View Details
    • Sponsored
      Contact for pricing

      CT, Middletown - Main Street

      Discover many ways to work your way in CT, Middletown - Main Street
      366-386 And, Middletown, CT 06457
      View Details
    • Contact for pricing

      Industrial Facility with Office Space

      27,000 SF industrial facility with office space for lease.
      35 Industrial Park Pl, Middletown, CT 06457
      View Details
    • Contact for pricing
      409 SF

      Office and Industrial Space Available

      Office and industrial space for rent near I-91.
      450-468 Smith St, Middletown, CT 06457
      View Details
    • Contact for pricing

      Industrial Park Truck Storage Available

      One acre of outside truck and trailer storage near I-91.
      61 Industrial Park Rd, Middletown, CT 06457
      View Details
    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.
    7 Timber Ridge Rd
    Middletown, CT 06457
    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

    Thank You for Inquiry
    7 Timber Ridge Rd, Middletown, CT, 06457
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!