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Property profile & analytics
FOR LEASE
Manufacturing properties

29 Naek Rd Vernon, CT 06066-3990

21,540 SF 2.19 ac lot Built 1989
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US15-0719707
Property summary
AI-generated overview

This ±21,540 square foot industrial/flex property, located at 29 Naek Road in Vernon, CT 06066, presents a compelling investment opportunity. Built in 1996, the single-story building sits on a substantial 2.64-acre lot, offering ample space and potential. The property boasts six loading docks, a 15-foot clear ceiling height, and 100 parking spaces, catering to a variety of operational needs. Currently, three long-term tenants occupy the space, with existing rental income significantly below current market rates, suggesting strong potential for increased revenue. The property is zoned GB and benefits from a convenient location east of the Connecticut River, providing easy access to major highways, regional markets, and the airport. Recent improvements include a new roof. This well-maintained property is ideal for an owner-user seeking a blend of industrial and flex space, or for an investor looking for a strong return on investment. The property's size, features, and location combine to create a highly desirable asset in a thriving market.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1989
Construction STEEL FRAME
Total area 21,540 SF
Lot 2.19 ac (95,396 SF)
Zoning code SED
APN VERN M:03 B:0004 L:008-3
UPID US15-0719707
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Medical Practice Partners, LLC Medical Billing Service
  • Nth Degree Solutions, LLC Tech Support Center (Bike/Boat/Book/etc) Store
  • The Cleaning Authority - Vernon Hardware & Home Improvement
  • Hockanum Valley Community Council - Food Distribution Center Food Bank Charitable Organization
  • Joseph Bartoszek Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$685k
CAP Approach CAP
by Request
Comparable Approach Comparable
$695k
Blend (final) Blend
$690k
Owner & transaction history
Rashid Hamid Family LLP
Rashid Hamid Family LLP
since 2025
5 recorded transactions
2025
Price N/A
2025
Price N/A
2021
Price N/A
2019
Price N/A
1969
Price N/A
Zoning & alternative use
SED · Vernon, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Special Economic Development SED Planned Development Zone (all) PDZ Residential Commercial RC Downtown Business & Residential DBR b. In accordance with Special Session Public Act 25-1, a Middle Housing Development shall include the following developments: i. Transit Community Middle Housing Development: a residential building containing not less than two dwe…

Zone name Special Economic Development
General category UNKNOWN
Zone area 4.62 ac
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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