Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    240 Ellington Rd South Windsor, CT 06074-4189
    Back to Search
    Property profile & analytics

    240 Ellington Rd South Windsor, CT 06074-4189

    View on Map
    • Showrooms
    • 182,628 SF
    • 15.94 lot acres
    Off-Market
    Last Sale Jun 1, 2022
    Property ID
    US15-0231302
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $6,855,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Amazon DEB2 / Warehouse & Storage

    Property Details for 240 Ellington Rd

    Year built
    2021
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    15.94 lot acres
    Property size
    182,628 SF
    Zone code
    CD
    Property type
    Showrooms
    APN
    SWIN M:13 B:26
    APU
    SWINM13B26

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    South Windsor
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6121
    Latitude
    41.8063
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $472,898
    $1,344,600
    $12,378,500
    $13,723,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $640,000
      6,006 SF

      105 Buckland Rd

      SHOW ROOM, WAREHOUSE • 6,006 SF
      105 Buckland Rd, South Windsor, CT 06074
      View Details
    • Value Estimation
      $27,905,000
      175,936 SF

      900 Hemlock Ave

      SHOW ROOM, WAREHOUSE • 175,936 SF
      900 Hemlock Ave, South Windsor, CT 06074-7901
      View Details
    • Value Estimation
      $1,975,000
      72,653 SF

      150 Strong Rd

      SHOW ROOM, WAREHOUSE • 72,653 SF
      150 Strong Rd, South Windsor, CT 06074-1023
      View Details
    • Value Estimation
      $755,000
      10,050 SF

      10 Sedona Cir

      SHOW ROOM, WAREHOUSE • 10,050 SF
      10 Sedona Cir, South Windsor, CT 06074-6802
      View Details
    • Value Estimation
      $650,000
      5,976 SF

      95 Buckland Rd

      SHOW ROOM, WAREHOUSE • 5,976 SF
      95 Buckland Rd, South Windsor, CT 06074
      View Details
    • Value Estimation
      $855,000
      10,117 SF

      525 Buckland Rd

      SHOW ROOM, WAREHOUSE • 10,117 SF
      525 Buckland Rd, South Windsor, CT 06074-3746
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,808 SF

      Auto Body Shop with Land

      Successful auto body shop with real estate and used car license.
      651 Sullivan Ave, South Windsor, CT 06074
      View Details
    • Contact for pricing
      1,500 SF

      High Bay Warehouse Opportunity

      High bay warehouse with private bathroom in industrial park.
      1518 John Fitch Blvd, South Windsor, CT 06074
      View Details
    • Contact for pricing
      357,335 SF

      Premium Retail Destination For Sale

      Unique retail destination with value-add potential in South Windsor, CT.
      501 Evergreen Way, South Windsor, CT 06074
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      365 Pleasant Valley Rd, South Windsor, CT 06074
      View Details
    • Contact for pricing
      1,469 SF

      South Windsor Office Building For Sale

      Office building with parking on a large lot for sale.
      35 Oakland Rd, South Windsor, CT 06074
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,560 SF

      Prime Retail Space in South Windsor

      Located in Buckland Hills retail market, near major retailers.
      274 Buckland Rd, South Windsor, CT 06074
      View Details
    • Contact for pricing
      25,200 SF

      Retail and Medical Space Available

      Mixed-use development in Buckland Hills retail market.
      190 Buckland Rd, South Windsor, CT 06074
      View Details
    • $25 SF/Yr
      26,388 SF

      Versatile Retail/Restaurant Space on Route 194

      Adaptable commercial space on a high-traffic thoroughfare, ready for customization.
      942 Sullivan Ave, South Windsor, CT 06074
      View Details
    • $1,900 /Mo
      1,500 SF

      High Bay Warehouse Space Available

      Industrial park space with warehouse, office, and storefront options.
      1518 John Fitch Blvd, South Windsor, CT 06074
      View Details
    • $200 SF/Yr
      230 SF

      South Windsor Garage Space Rental

      Enclosed garage space for seasonal equipment or storage.
      1 Bay Rental Felt Rd, South Windsor, CT 06074
      View Details
    • $1,250 /Mo

      Versatile Commercial Space for Rent

      Flexible commercial space suitable for office, retail, or distribution.
      400 Chapel Rd, South Windsor, CT 06074
      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.
    240 Ellington Rd
    South Windsor, CT 06074-4189
    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
    240 Ellington Rd, South Windsor, CT, 06074
    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!