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    Property profile & analytics

    60 Westwood Ave Waterbury, CT 06708

    • Commercial real estate
    • 772 SF
    For Sale
    View listing
    $254,900
    Value Estimation
    Location Intelligence
    Property ID
    US15-0565076
    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.

    Current Use by Public Records

    • Westwood Medical Center / Medical Center / Weight Loss Service
    • CT Sinus Center / Otolaryngology Clinic / Allergist
    • Perspectives Center for Care, Inc / Marriage Or Relationship Counselor / Mental Health Service
    • Randy Carrin, Psy.D., Psych Support / Marriage Or Relationship Counselor / Psychologist
    • The Center for Obstetrics and Gynecology in Connecticut / Medical Clinic

    Property Details for 60 Westwood Ave

    Year built
    1987
    Property size
    772 SF
    Zone code
    CO
    Property type
    Commercial real estate
    APN
    WBRY M:0231 B:0527 L:0060-1
    APU
    WBRYM0231B0527L00601

    Description

    This exceptional 6,176 square foot warehouse property at 60 Westwood Ave, Waterbury, CT, is offered for sale at $650,000. Currently 100% occupied as a medical condominium, this versatile space features fourteen exam rooms, eight consultation rooms, a procedure room, reception area, and breakroom. The property's design is ideal for various medical or professional uses. Its prime location offers convenient access to both Waterbury and St. Mary's Hospital, as well as the Waterbury Central Business District. The property enjoys a half-mile proximity to Route 8 and I-84, ensuring excellent transportation links. Ample parking is available, and the building boasts outstanding city views. The property is a single-tenant building and is classified as retail and industrial. The zip code is 06708, situated in New Haven County, Connecticut. Specific suites included in the sale are 1, 2, 3, 4, 9, 10, 11, and 12. This is a unique opportunity to acquire a well-located, fully occupied commercial property in a thriving Connecticut market.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $350,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $345,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $325,000
      Retail
      $365,000
      Mixed-Use
      $320,000
      Hospitality
      $305,000
      Educational
      $345,000
      Residential Income
      $380,000
      Energy
      $285,000
      Income-Based Land
      $355,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0644
    Latitude
    41.5608
    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
    $2,887
    $0.00
    $53,270
    $53,270
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6.00 Acres

      1630 Watertown Ave

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      1630 Watertown Ave, Waterbury, CT 06708-1118
      View Details
    • Value Estimation by Request
      386 SF

      171 Grandview Ave, Unit 12

      COMMERCIAL CONDOMINUIM • 386 SF
      171 Grandview Ave, Waterbury, CT 06708-2517
      View Details
    • Value Estimation by Request
      350 SF

      60 Westwood Ave, Unit 47

      COMMERCIAL CONDOMINUIM • 350 SF
      60 Westwood Ave, Waterbury, CT 06708-2460
      View Details
    • Value Estimation
      $555,000
      1,541 SF

      1336 Main St Ste 1a

      COMMERCIAL CONDOMINUIM • 1,541 SF
      1336 Main St Ste 1a, Waterbury, CT 06708-3122
      View Details
    • Value Estimation
      $260,000
      16,814 SF

      1389 Main St, Unit 100

      COMMERCIAL CONDOMINUIM • 16,814 SF
      1389 Main St, Waterbury, CT 06708-3104
      View Details
    • Value Estimation
      $195,000
      1,186 SF

      383 Railroad Hl St

      COMMERCIAL (GENERAL) • 1,186 SF
      383 Railroad Hl St, Waterbury, CT 06708
      View Details

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    60 Westwood Ave
    Waterbury, CT 06708
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    Realmo Value Estimation

    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.

    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.

    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
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