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    Property profile & analytics

    314 Main St Clinton, CT 06413

    • Commercial real estate
    • 0.82 lot acres
    For Sale
    View listing
    $135,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US15-0795297
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 314 Main St

    Lot size
    0.82 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 0.82-acre commercial lot is situated on East Main Street (Route 1) in Clinton, Connecticut, offering unparalleled visibility and accessibility. The property boasts 154 feet of frontage and is zoned B-4, permitting a wide range of uses including retail, business and professional offices, child or adult daycare facilities, veterinary hospitals, and financial institutions. Its level and open layout presents a blank canvas for development, ideal for businesses seeking high traffic exposure. Public water is readily available, and the property's location within Middlesex County ensures convenient access to major transportation routes and a thriving community. Annual property taxes are $1,557. The high daily traffic count of 7,100 vehicles provides significant potential for customer reach. This is a rare opportunity to acquire a highly desirable commercial lot in a prime location. Don't miss out on this chance to establish your business in a vibrant and accessible area. The address is 314 E Main St, Clinton, CT 06413.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Clinton
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.493025630572
    Latitude
    41.272357306935

    Comparable in this City

    • $625,000

      Land For Sale

      Land available for purchase.
      27 Maplewood Dr, Clinton, CT 06413
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    • $8,500,000

      Commercial Land For Sale

      Commercial land available for sale.
      115 Cow Hill Rd, Clinton, CT 06413
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    • $225,000
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      Commercial Land on Route 1

      Commercial land with high visibility and road frontage on Route 1.
      64 West Main St, Clinton, CT 06413
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    • $249,000
      4.81 Acres

      4.81 Acre Residential Building Lot

      Private building lot with river frontage near town and beach.
      48A Ironworks Rd, Clinton, CT 06413
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    • $5,900,000
      64.70 Acres

      Prime I-95 Industrial Land, CT

      64.7 Acres, I-95 Frontage, IP Zoning
      2 Old Nod Rd, Clinton, CT 06413
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    • $189,900

      One Acre Lot with Cottage

      One acre lot with a 436 sq ft cottage.
      4 Columbia Rd, Clinton, CT 06413
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    Similar Nearby for Sale

    • $225,000
      0.33 Acres

      Commercial Land on Route 1

      Commercial land with high visibility and road frontage on Route 1.
      64 West Main St, Clinton, CT 06413
      View Details
    • $249,000
      4.81 Acres

      4.81 Acre Residential Building Lot

      Private building lot with river frontage near town and beach.
      48A Ironworks Rd, Clinton, CT 06413
      View Details
    • $5,900,000
      64.70 Acres

      Prime I-95 Industrial Land, CT

      64.7 Acres, I-95 Frontage, IP Zoning
      2 Old Nod Rd, Clinton, CT 06413
      View Details
    • $189,900

      One Acre Lot with Cottage

      One acre lot with a 436 sq ft cottage.
      4 Columbia Rd, Clinton, CT 06413
      View Details
    • $275,000

      Prime Clinton Commercial Land

      High-traffic lot, ideal retail.
      64 Main St, Clinton, CT 06413
      View Details
    • Contact for pricing

      Land Near Marsh in Clinton

      Land in flood zone, not buildable, suitable for water access.
      Causeway, Clinton, CT 06413
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo
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      Vanilla Box Retail Space Available

      2,300 SF vanilla box retail space ready for customization.
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    • $15 SF/Yr
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      Retail Space in Clinton, CT

      2,184 SF retail space in a well-known Clinton strip center.
      344 East Main St, Clinton, CT 06413
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    • $550 /Mo
      600 SF

      Private Office Space For Rent

      Private office space with shared common areas and private entrance.
      162 East Main St, Clinton, CT 06413
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    • $3,500 /Mo
      3,500 SF

      Turnkey Cigar Lounge Opportunity

      Move-in ready cigar lounge with humidor and ventilation system.
      215 East Main St, Clinton, CT 06413
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    • $1,750 /Mo

      Townhouse Near Schools and Shopping

      Townhouse with updated kitchen, deck, and off-street parking.
      83B N High St, Clinton, CT 06413
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    • $3,500 /Mo
      2,300 SF

      Vanilla Box Retail Space

      2,300 SF retail space in high-traffic Clinton plaza.
      215 East Main St, Clinton, CT 06413
      View Details
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    314 Main St
    Clinton, CT 06413
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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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