Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    930 Colony Rd Wallingford, CT 06492-2471
    Back to Search
    Property profile & analytics

    930 Colony Rd, Wallingford, CT 06492-2471

    View on Map
    • Commercial real estate
    • 9.75 lot acres
    Off-Market
    Property ID
    US15-0745861
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Iron Chef / Restaurant
    • The Barbershopct / Barber Shop
    • Stop & Shop Florist / (Bike/Boat/Book/etc) Store / Florist
    • Captiva Salon / Hair Salon
    • Coinstar Kiosk | Bitcoin ATM / Atm / Currency Exchange Service

    Property Details for 930 Colony Rd

    Lot size
    9.75 lot acres
    Property type
    Commercial real estate
    APN
    WALL M:051 L:001
    APU
    WALLM051L001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 9, 2009 — Shoppin Assoc Wallingford — Deed Of Trust · related $9.1M · Peoples Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Wallingford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8075
    Latitude
    41.484
    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
    $345,420
    $4,818,700
    $6,954,300
    $11,773,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.56 Acres

      10 George St

      COMMERCIAL (GENERAL)
      10 George St, Wallingford, CT 06492-4008
      View Details
    • Value Estimation by Request
      9.06 Acres

      230 Main St

      COMMERCIAL (GENERAL)
      230 Main St, Wallingford, CT 06492-6201
      View Details
    • Value Estimation by Request
      8,100 SF

      12 Wallace Ave

      COMMERCIAL CONDOMINUIM
      12 Wallace Ave, Wallingford, CT 06492-4213
      View Details
    • Value Estimation
      $3,850,000
      41,976 SF

      1062 Barnes Rd

      SHOW ROOM, WAREHOUSE
      1062 Barnes Rd, Wallingford, CT 06492-6012
      View Details
    • Value Estimation
      $18,635,000
      172,027 SF

      844 Colony Rd

      SHOW ROOM, WAREHOUSE
      844 Colony Rd, Wallingford, CT 06492-2771
      View Details
    • Value Estimation by Request
      2,015 SF

      1033 Colony Rd

      SHOW ROOM, WAREHOUSE
      1033 Colony Rd, Wallingford, CT 06492-1704
      View Details

    Similar Nearby for Sale

    • $800,000
      4,475 SF

      Wallingford Commercial Building - Prime Location

      Spacious 4,475 sq ft commercial building, ideal for various uses.
      1145 Old Colony Rd, Wallingford, CT 06492
      View Details
    • $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
    • Contact for pricing
      3,173 SF

      North Main Street Office Space

      Office space with open layout, private offices, and parking.
      40 N Main St, Wallingford, CT 06492
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,100 SF

      Commercial Garage on High-Traffic Route

      2,100 sq ft commercial garage with office and storage.
      850 South Colony Rd, Wallingford, CT 06492
      View Details
    • $2,750 /Mo

      Remodeled Two-Bedroom Apartment with Utilities

      First-floor, two-bedroom apartment with included utilities near downtown Wallingford.
      87 S Whittlesey Ave, Wallingford, CT 06492
      View Details
    • $1,695 /Mo

      Third-Floor Apartment with Modern Amenities

      One-bedroom apartment featuring stainless steel appliances and efficient HVAC system.
      51 Wallace Row, Wallingford, CT 06492
      View Details
    • $1,600 /Mo

      Remodeled 1-Bed Apartment for Rent

      Remodeled 1-bed, 1-bath apartment near amenities and transportation.
      22 Calvin Ave, 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
      62,500 SF

      Wallingford Industrial Build-to-Suit Opportunity

      Shovel-ready site for industrial building in Wallingford, Connecticut.
      15 Sterling Dr, 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.
    930 Colony Rd
    Wallingford, CT 06492-2471
    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
    930 Colony Rd, 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!