Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    50 Capital Dr, Unit 60 Wallingford, CT 06492-2318
    Back to Search
    Property profile & analytics

    50 Capital Dr, Unit 60, Wallingford, CT 06492-2318

    View on Map
    • Industrial properties
    • 50,896 SF
    • 4.50 lot acres
    Off-Market
    Property ID
    US15-0125153
    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
    $1,700,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Polylok, Inc. / Factory / Production Facility
    • Innovative Restorations Inc. / Auto Repair Shop

    Property Details for 50 Capital Dr

    Year built
    1985
    Construction
    STEEL FRAME
    Lot size
    4.50 lot acres
    Property type
    Industrial properties
    APN
    WALL M:063 L:023
    APU
    WALLM063L023

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 20, 2000 — Assoc Capital — Deed Of Trust · related $1.3M · Peoples Bank
    Jul 20, 2000 $3,900,000 Assoc Capital Principal Life Ins Co Warranty Deed · related $3.1M · Peoples Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,850,000
      Market price range: $991k - $4.35M

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

    Location Insight

    • Map
    • Local Demand
    City
    Wallingford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.816
    Latitude
    41.4809
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, 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
    2023
    $43,309
    $271,300
    $1,204,800
    $1,476,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      14.16 Acres

      30 Barnes Industrial N Park

      INDUSTRIAL (GENERAL)
      30 Barnes Industrial N Park, Wallingford, CT 06492-5919
      View Details
    • Value Estimation by Request
      1.13 Acres

      488 Cherry St Ext

      INDUSTRIAL (GENERAL)
      488 Cherry St Ext, Wallingford, CT 06492
      View Details
    • Value Estimation by Request
      267.22 Acres

      1600 Durham Rd

      INDUSTRIAL (GENERAL)
      1600 Durham Rd, Wallingford, CT 06492
      View Details
    • Value Estimation by Request
      12.01 Acres

      21 Toelles Rd

      INDUSTRIAL (GENERAL)
      21 Toelles Rd, Wallingford, CT 06492-4449
      View Details
    • Value Estimation
      $4,945,000
      62,464 SF

      4 Laser Ln

      INDUSTRIAL (GENERAL)
      4 Laser Ln, Wallingford, CT 06492-1928
      View Details
    • Value Estimation
      $17,035,000
      187,914 SF

      29 Research Pkwy

      INDUSTRIAL (GENERAL)
      29 Research Pkwy, Wallingford, CT 06492-1927
      View Details

    Similar Nearby for Sale

    • $2,100,000
      16,480 SF

      Wallingford Warehouse on 1.29 Acres

      16,480 SF warehouse built in 2004 on 1.29 acres.
      206 Main Street Ext, Wallingford, CT 06492
      View Details
    • $625,000
      4,475 SF

      Versatile Commercial/Industrial Building For Sale

      Spacious building with service bays, office, and ample parking.
      1145 Old Colony Rd, Wallingford, CT 06492
      View Details
    • Contact for pricing
      4,100 SF

      Wallingford Commercial Building For Sale

      4,000 sq ft building in high-traffic location.
      1191 N Colony Rd, Wallingford, CT 06492
      View Details
    • New
      Contact for pricing
      3,300 SF

      Climate-Controlled Warehouse with Office

      A climate-controlled warehouse with adjacent office space and garage bay access for smooth day-to-day operations.
      67 South Turnpike Rd, Wallingford, CT 06492
      View Details
    • Contact for pricing
      21,177 SF

      Industrial Flex Building For Sale

      21,177 SF industrial flex building on 2.43 acres.
      135 N Plains Industrial Rd, Wallingford, CT 06492
      View Details
    • Contact for pricing
      31,000 SF

      Wallingford Flex Space For Sale

      Office/flex space available in Wallingford's Barnes Industrial Park.
      1 Barnes Industrial Rd S, Wallingford, CT 06492
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Harvest Park Commercial Space Available

      Commercial space for lease in Harvest Park Campus.
      101 N Plains Industrial Rd, Wallingford, CT 06492
      View Details
    • Contact for pricing
      250,000 SF

      Wallingford Industrial Build-to-Suit Opportunity

      250,000 SF build-to-suit industrial space with highway access.
      1121 Northrup Rd, Wallingford, CT 06492
      View Details
    • Contact for pricing
      Pending

      Wallingford Warehouse Space Available

      Warehouse space for rent in Wallingford, Connecticut.
      5 Research Pkwy, Wallingford, CT 06492
      View Details
    • Contact for pricing
      445,555 SF

      Wallingford Warehouse Space For Lease

      450,000 SF warehouse space available for immediate build.
      5 Research Pkwy, Wallingford, CT 06492
      View Details
    • Contact for pricing

      Wallingford Office/Flex Space Available

      Office and flex space for lease in Wallingford, Connecticut.
      860 N Main Street Ext, Wallingford, CT 06492
      View Details
    • $18 SF/Yr
      3,078 SF

      Wallingford Flex/Industrial Space Available

      Flex/industrial space available for lease in Wallingford, Connecticut.
      892 North Colony Rd, Wallingford, CT 06492
      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.
    50 Capital Dr, Unit 60
    Wallingford, CT 06492-2318
    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
    50 Capital Dr, Wallingford, CT, 06492
    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!