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    The Washington Agency

    997 East Main Street, Torrington, CT 06790
    (860) 482-7044
    Web Site
    Size: 10+ agents

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    Property Types

    • Land
    • Commercial Lease
    • Commercial Sale
    • Residential Multi Family

    Listings

    For Sale (23)

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    Torrington Land with Approved Lots
    $90,000
    5.10 Acres

    Torrington Land with Approved Lots

    5.10-acre parcel with approved lots in desirable location.

    3222 Torringford St, Torrington, CT 06790
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    Approved Land Parcel in Torrington
    $140,000
    3.78 Acres

    Approved Land Parcel in Torrington

    3.78-acre approved lot ready for construction and farming.

    3226 Torringford St, Torrington, CT 06790
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    Approved Lots in Prime Location
    $209,900
    8.88 Acres

    Approved Lots in Prime Location

    Two approved lots totaling just under 9 acres in Torrington.

    Torringford St, Torrington, CT 06790
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    Torrington 80-Acre Land Parcel
    $425,000
    80.04 Acres

    Torrington 80-Acre Land Parcel

    80-acre parcel with road frontage near state forests and parks.

    Meyer Rd, Torrington, CT 06790
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    Waterbury Two-Family Investment Opportunity
    $239,900
    1,776 SF

    Waterbury Two-Family Investment Opportunity

    Two-family home with updated essentials, ideal for investors.

    891 Pearl Lake Rd, Waterbury, CT 06706
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    Approved Building Lot in Torrington
    $69,900
    3.36 Acres

    Approved Building Lot in Torrington

    Approved 3.356-acre building lot for sale in Torrington, CT.

    660 Torringford St, Torrington, CT 06790
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    Approved Building Lot in Torrington
    $69,900
    1.24 Acres

    Approved Building Lot in Torrington

    Approved 1.24 acre building lot for residential construction.

    646 Torringford St, Torrington, CT 06790
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    Turnkey Restaurant with Apartments
    $750,000
    5,389 SF

    Turnkey Restaurant with Apartments

    Thriving restaurant with apartments in high-traffic Litchfield County location.

    436 Main St, Winchester, CT 06098
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    Turnkey Restaurant with Apartments
    $750,000
    5,389 SF

    Turnkey Restaurant with Apartments

    Thriving restaurant with apartments in Litchfield County.

    436 Main St, Winchester, CT 06098
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    Farmington Land with Valley Views
    $1,950,000
    36.72 Acres

    Farmington Land with Valley Views

    Land with valley and river views, close to amenities.

    8919 Taine Mtn Rd, Farmington, CT 06032
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    Torrington Land with Development Potential
    $339,900
    71.45 Acres

    Torrington Land with Development Potential

    Large parcel in Torrington, suitable for residential or commercial development.

    Stoneridge Dr, Torrington, CT 06790
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    Kent Acreage in Scenic Location
    $399,999
    20.15 Acres

    Kent Acreage in Scenic Location

    20+ acre land parcel in Kent, Connecticut.

    Stonewall Ln, Kent, CT 06757
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    Mixed-Use Building in Downtown Winsted
    $395,000
    1,909 SF

    Mixed-Use Building in Downtown Winsted

    Two-story mixed-use building with commercial space and residential apartment.

    720 Main St, Winchester, CT 06098
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    Mixed-Use Building in Downtown Winsted
    $395,000
    1,909 SF

    Mixed-Use Building in Downtown Winsted

    Two-story mixed-use building with commercial space and residential apartment.

    720 Main St, Winchester, CT 06098
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    Downtown Torrington Mixed-Use Opportunity
    $585,000
    8,060 SF

    Downtown Torrington Mixed-Use Opportunity

    Mixed-use property in downtown Torrington's vibrant arts and cultural district.

    73 E Main St, Torrington, CT 06790
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    Turnkey Restaurant Opportunity
    $195,000
    2,177 SF

    Turnkey Restaurant Opportunity

    Award-winning restaurant with loyal customer base and owner financing.

    Withheld, Barkhamsted, CT
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    Expansive Land Parcel in Torrington
    $339,900

    Expansive Land Parcel in Torrington

    71.45-acre parcel ideal for development or private retreat.

    18 Stoneridge Dr, Torrington, CT 06790
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    Restaurant and Apartments in Winchester
    $750,000
    5,389 SF

    Restaurant and Apartments in Winchester

    Turnkey restaurant with apartments in high-traffic Litchfield County location.

    436 Main St, Winchester, CT 06098
    View details
    Downtown Torrington Mixed-Use Opportunity
    $585,000
    8,060 SF

    Downtown Torrington Mixed-Use Opportunity

    Mixed-use building in downtown Torrington, ideal for investors/owner-occupants.

    73 East Main St, Torrington, CT 06790
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    Downtown Winsted Mixed-Use Building
    $395,000
    1,909 SF

    Downtown Winsted Mixed-Use Building

    Two-story building with commercial space and renovated apartment.

    720 Main St, Winchester, CT 06098
    View details
    Industrial Land Near Naugatuck River
    $175,000

    Industrial Land Near Naugatuck River

    Industrial-zoned land suitable for multi-use development near the Naugatuck River.

    80 Hayes St, Torrington, CT 06790
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    Multifamily and Office Space Opportunity
    $359,900
    2,754 SF

    Multifamily and Office Space Opportunity

    Multifamily residential property with office space in central location.

    25 Center St, Winchester, CT 06098
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    Restaurant and Apartments in Winchester
    $750,000
    5,389 SF

    Restaurant and Apartments in Winchester

    Turnkey restaurant with apartments in high-traffic Litchfield County location.

    436 Main St, Winchester, CT 06098
    View details

    For Lease (6)

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    Versatile Commercial Space in Winchester
    $1,500 / Mo
    2,050 SF

    Versatile Commercial Space in Winchester

    Prime commercial space for rent in a highly visible location.

    277 N Main St, Winchester, CT 06098
    View details
    Winsted Commercial Space For Rent
    $1,500 / Mo
    2,050 SF

    Winsted Commercial Space For Rent

    Versatile commercial space in a high-traffic Winsted location.

    277 North Main St, Winchester, CT 06098
    View details
    Move-in Ready Apartment with Garage
    $1,950 / Mo

    Move-in Ready Apartment with Garage

    Two-bedroom apartment with garage and parking, solar panels.

    19 Wadhams Ave, Torrington, CT 06790
    View details
    Updated Unit with Off-Street Parking
    $1,000 / Mo

    Updated Unit with Off-Street Parking

    Well-maintained unit with updated flooring and off-street parking.

    58 Yorkshire St, Torrington, CT 06790
    View details
    East Side 2-Bedroom Unit
    $1,650 / Mo

    East Side 2-Bedroom Unit

    Freshly painted 2-bedroom unit on Torrington's lower East Side.

    226 Hillside Ave, Torrington, CT 06790
    View details
    Charming One-Bedroom First Floor Apartment
    $1,300 / Mo

    Charming One-Bedroom First Floor Apartment

    One-bedroom apartment with hardwood floors and parking for two cars.

    43 Wallens St, Winchester, CT 06098
    View details

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    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
    The Washington Agency
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