Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Unity Dr Plainfield, CT 06354
    Back to Search
    Property profile & analytics

    Unity Dr Plainfield, CT 06354

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

    Current Use by Public Records

    • Land

    Property Details for 0 Unity Dr

    Lot size
    30.60 lot acres
    Property type
    Land

    Description

    This exceptional 30.6-acre parcel in Plainfield, Connecticut, presents a unique investment opportunity. Ideally situated near I-395, boasting a high traffic count of 27,800 ADT, this property offers unparalleled accessibility. The site features mostly flat topography, simplifying development. Potential access to Route 12 further enhances its strategic location. Utilities are readily available, including city water, sewer, and gas. The IND zoning permits a variety of uses, including self-storage, solar facilities, and industrial development. Its proximity to major transportation arteries, specifically 1.4 miles from I-395 Exit 32, is a significant advantage. The area is experiencing substantial growth, with a new 265,000 square foot Amazon facility nearing completion, an existing 1,000,000 square foot Lowe's warehouse, and a proposed 1,100,000 square foot ULINE warehouse. This prime location, coupled with its versatile zoning and excellent infrastructure, makes this property an ideal choice for developers seeking a strategic foothold in a thriving industrial market. The property's size and location offer significant potential for substantial returns. Don't miss this chance to acquire a highly desirable industrial land parcel in a rapidly expanding area. The address is 0 Unity Rd, Plainfield, CT 06354, located in Windham County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Plainfield
    County
    Windham
    State
    Connecticut
    Longitude
    -71.8972
    Latitude
    41.7121

    Comparable in this City

    • Value Estimation by Request

      Unity Dr

      Land
      0 Unity Dr, Plainfield, CT 06354
      View Details
    • Value Estimation by Request
      4,680 SF

      54 Allen St

      SHOW ROOM, WAREHOUSE • 4,680 SF
      54 Allen St, Moosup, CT 06354-1431
      View Details
    • Value Estimation
      $550,000
      4,058 SF

      120 Plainfield Rd

      SHOW ROOM, WAREHOUSE • 4,058 SF
      120 Plainfield Rd, Moosup, CT 06354-1632
      View Details
    • Value Estimation by Request
      6,462 SF

      66 Prospect St

      SHOW ROOM, WAREHOUSE • 6,462 SF
      66 Prospect St, Moosup, CT 06354-1437
      View Details
    • Value Estimation by Request
      2,943 SF

      42 Railroad Ave

      SHOW ROOM, WAREHOUSE • 2,943 SF
      42 Railroad Ave, Moosup, CT 06354-1511
      View Details
    • Value Estimation by Request
      0.96 Acres

      2 Vlg Ctr Cir

      COMMERCIAL (GENERAL) • 0.96 Acres
      2 Vlg Ctr Cir, Moosup, CT 06354-1540
      View Details

    Similar Nearby for Sale

    • $59,900
      7.60 Acres

      7.6 Acres in Plainfield, CT

      7.6 acres of land in a peaceful rural setting.
      323 Snake Meadow Rd, Plainfield, CT 06354
      View Details
    • Contact for pricing

      30.6 Acres Industrial Land Available

      30.6 acres of industrial land with utilities available.
      Unity Dr, Plainfield, CT 06354
      View Details
    • $475,000
      Pending

      Plainfield Package Store with Real Estate

      Turnkey package store business with real estate for sale.
      30 Lake St, Plainfield, CT 06354
      View Details
    • $370,000
      3,326 SF

      Income-Producing Three-Family Property

      Three-family property featuring three-bedroom units and ample parking.
      41 Grove St, Moosup, CT 06354
      View Details
    • $825,000
      8,190 SF

      Commercial Property Near I-395

      8,000+ sq ft commercial property off I-395 in Moosup, CT.
      4-6 Green Hollow Rd, Plainfield, CT 06354
      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.
    Unity Dr
    Plainfield, CT 06354
    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
    Unity Dr, Plainfield, CT, 06354
    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!