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    Property profile & analytics

    Trask Rd Willington, CT 06279

    • Land
    • 31.48 lot acres
    For Sale
    View listing
    $895,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Trask Rd

    Lot size
    31.48 lot acres
    Property type
    Land

    Description

    This exceptional ±31.48-acre parcel of undeveloped land presents a unique opportunity in Willington, Connecticut. Located on Trask Road and River Road, the property is zoned R-80, offering a variety of permitted uses. Ideal for residential development, the zoning allows for single-family dwellings, making it perfect for a custom home or a small-scale residential subdivision. The expansive acreage also opens possibilities for agricultural pursuits, specifically farming (excluding livestock operations requiring less than 5 acres and adhering to specific setback requirements from property lines). Community residences for mentally challenged adults are also a permitted use under the R-80 zoning. Furthermore, forestry activities and related services are permissible, adding to the versatility of this substantial land holding. Situated in Tolland County, with a 06279 zip code, this property boasts a prime location in Willington, CT. The asking price for this significant land opportunity is $895,000. Detailed zoning information is available upon request. This is a rare chance to acquire a large tract of land with diverse development potential in a desirable Connecticut location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Willington
    County
    Tolland
    State
    Connecticut
    Longitude
    -72.2849
    Latitude
    41.8871

    Comparable in this City

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      18.80 Acres

      83 River Rd

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      3.70 Acres

      Ruby Rd

      Restaurants • 2,400 SF
      0 Ruby Rd, Willington, CT 06279
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    • Value Estimation
      $610,000
      9.30 Acres

      47 Boston Tpke

      APARTMENT HOUSE (UNDER 5 UNITS) • 9.30 Acres
      47 Boston Tpke, Willington, CT 06279-2126
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    • Value Estimation
      $1,090,000
      22,133 SF

      25 Senior Way

      APARTMENT HOUSE (5+ UNITS) • 22,133 SF
      25 Senior Way, Willington, CT 06279-1744
      View Details
    • Value Estimation
      $750,000
      10,848 SF

      11 Depot Rd

      APARTMENT HOUSE (5+ UNITS) • 10,848 SF
      11 Depot Rd, Willington, CT 06279-1609
      View Details
    • Value Estimation by Request
      17.48 Acres

      60 Burt Latham Rd

      APARTMENT HOUSE (5+ UNITS) • 17.48 Acres
      60 Burt Latham Rd, Willington, CT 06279-1935
      View Details

    Similar Nearby for Sale

    • $895,000
      31.48 Acres

      Willington, CT Residential Land

      ±31 acres, R-80 Zoning, $895,000
      0 Trask Rd, Willington, CT 06279
      View Details
    • $895,000

      Land Available in Willington, CT

      Land suitable for farming and community residences.
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    • $995,000
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      Willington Industrial Land - 22 Acres

      Prime I-84 industrial land, 22 acres, DI zoning.
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      Land For Sale

      Land available for sale.
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    • $399,900
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      Spacious Two-Family Property in Willington

      Two-family property with rental income potential near UConn.
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    • $995,000

      Industrial Land Site For Sale

      22-acre industrial land site with I-84 access.
      264 Ruby Rd, Willington, CT 06279
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    Trask Rd
    Willington, CT 06279
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    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
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