Forestville, CT
Commercial Real Estate Market Trends & Data

$206 Avg asking sale price
$585 Avg asking lease rate
21,585 SF Avg unit lease size
24,756 SF Avg building size for sale
7.92% Average cap rate

Forestville's Demographic Profile

Forestville has 25,912 households and a median income of $74,634, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 61,538
# Households 25,912
Median age 42
Median household income $74,634
Avg household size 2.0
Renter-occupied housing units 10,007
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Forestville, CT

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Forestville $135 18,209 SF 7.83%
Bristol $96 18,209 SF 7.83%
Plainville $95 29,781 SF 7.83%
Nearby Retail Markets Avg Cost/SF Typical Size
Forestville $172 40,605 SF
Bristol $172 40,605 SF
Plainville $246 13,888 SF
Plymouth $113 18,348 SF
Terryville $89 2,816 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Forestville $162 6,940 SF 9.40%
Bristol $115 6,940 SF 9.40%
New Britain $123 13,961 SF 8.17%
Waterbury $150 20,056 SF 10.08%

Commercial Properties For Sale in Forestville

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Chippins Hill Office Park

Bristol, CT

  • Office Building
  • $1,500,000
For Sale

Healthtrax-Bristol

Bristol, CT 06010

  • 52,396 SF Retail Building
  • 6.75% Cap Rate
  • $2,417,778
For Sale

10 N Main St & 4 Riverside Ave Portfolio

Bristol, CT

  • $3,400,000
For Sale

97 Forestville Ave

Plainville, CT 06062

  • 7,900 SF Industrial Building
  • $724,000
For Sale

258 Middle St

Bristol, CT 06010

  • 3,426 SF Office Building
  • $495,000
For Sale

100 S Riverside Ave

Terryville, CT 06786

  • 18 AC Lot
  • 1 Industrial Lot
  • $1,950,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Forestville pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Forestville $206 24,756 SF
Bristol $146 24,756 SF
Plainville $161 23,668 SF
Plymouth $95 25,365 SF
Terryville $81 25,855 SF

Regional Demographic Comparison

This comparison places Forestville alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Forestville or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Plymouth 11,324 4,713 46 $85,980 2 1,022 -1%
Terryville 4,929 2,135 44 $76,827 2 747 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Forestville, CT and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Forestville

View All Commercial Real Estate For Sale in Forestville
Is Forestville a good market for a first-time commercial real estate investor?

Forestville offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Forestville?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Forestville. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Forestville?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Forestville. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Forestville compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Forestville. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Forestville acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Forestville, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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