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Property profile & analytics
OFF-MARKET Estimated value $1,490,000
Industrial properties

856 Main St Ext Wallingford, CT 06492-2419

20,672 SF 7.08 ac lot Built 1979
Entity Owned ~ Est. High Equity
Property ID
US15-1059306
Property summary
AI-generated overview

This exceptional 20,672-square-foot industrial building, situated on a spacious 7.08-acre lot in Wallingford, Connecticut, presents a compelling owner-user opportunity. The single-story, Class B structure, built in 1979, boasts a 16-foot ceiling height, providing ample vertical space for various industrial uses. The property features four loading docks, two equipped with levelers, and one drive-in door, ensuring efficient loading and unloading operations. With 56 parking spaces, accommodating employees and visitors is effortless. The property is zoned IX, and benefits from a substantial 1600-amp electric service, leveraging the lowest electric rates in the state through Wallingford Electric. Its strategic location on 856 North Main Street Ext offers convenient access to major transportation arteries, including I-91 and Route 15, facilitating seamless logistics and distribution. This versatile property is ideally suited for manufacturing, distribution, or flex space needs, making it a highly attractive investment for businesses seeking a functional and well-located industrial space. The asking price is $2,450,000.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 20,672 SF
Lot 7.08 ac (308,405 SF)
APN WALL M:064 L:005
UPID US15-1059306
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.49M
Blend (final) Blend
$1.49M
Owner & transaction history
Nia Roo Investments Twelv
Nia Roo Investments Twelv
since 2025
Last sale
$1.7M
5 recorded transactions
2025
$1.7M
2011
$920,000
2011
$1
2007
Price N/A
1991
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $2.2M +53.4%
Apartment house (5+ units) $2.2M +48.0%
Commercial (general) $2.0M +39.7%
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