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    771 Lakewood Rd Waterbury, CT 06704

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    For Lease
    Contact for pricing

    Retail building with service garage and high traffic volume.

    Property size:
    34,340 SF
    Lot size:
    2.70 Acres

    Property Features for 771 Lakewood Rd

    General Information

    Size
    34,340 SF
    Lot size
    2.70 Acres

    Source: TRUE Commercial Real Estate Agent Tyler Lyman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building with Service Garage

    The property features a 28,772 square-foot retail building in addition to a 5,568 square-foot service garage outparcel. The location benefits from two large pylon signs, one facing Lakewood Road and the other Industry Lane. The average daily traffic volume is 18,000 vehicles.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LifeCare Menopause Specialist ... Medical Clinic Ocean State Job ... Discount Store DWNSHFTco Detail Garage Car Detailing Service Shoreline Motorsports Car Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.007386
    Latitude
    41.5717095

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    FAQs

    What type of property is this?
    Retail space - Retail building with service garage and high traffic volume.
    Where is this retail space located?
    The property is located at 771 Lakewood Rd Waterbury, CT.
    What are key features of this property?
    This property features: - 28,772 SF Retail Building; - 5,568 SF Service Garage Outparcel; - Benefit from Two large Pylon Signs (Lakewood Road & Industry Lane)
    (203) 744-7777
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    771 Lakewood Rd Waterbury, CT 06704
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    Waterbury, CT 06704
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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
    771 Lakewood Rd Waterbury, CT 06704
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