Property profile

543 Wauregan Rd Killingly, CT 06239

OFF-MARKET
Other retail properties
Property ID
US15-1024765
37,874 SF 2.1 ac lot Built 1984
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

A 20,000 SF lower-level industrial/commercial space is configured to support active operations and can be adapted through build-out to fit operational needs. The space includes air conditioning and forced hot air heat (gas), a wet sprinkler system, and a security system. Utility capacity includes 1,600 amp 3-phase electric service, with water and wastewater provided by a private well and septic system. Loading dock access is provided and the space has potential for expansion. The property is located just off Exit 38 on Route 395 in Windham County, offering access to the highway network, and it is zoned General Commercial (GC), which supports a range of industrial and commercial uses such as light assembly and wholesale food-related operations. Potential build-out elements include office space, a commercial kitchen, restrooms, and windows for natural light, with areas suitable for building material storage, wholesale vendor storage, and related uses.

Property profile

Verified
Property type Other retail properties
Use group DEPARTMENT STORE
Year built 1984
Construction FRAME
Total area 37,874 SF
Lot 2.1 ac (91,476 SF)
Zoning code GC
APN KILL M:262 B:20
UPID US15-1024765

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

543 Wauregan Rd Killingly, CT 06239-4237
Killingly metro Census 904500 WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$620k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$620k

Owner & transaction history

Zoning & alternative use

GC · Killingly, CT
Zoning description

Commercial establishments generate large amounts of traffic or require large sites and frontage on major highways are not suited ti location in residential areas

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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