Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Curtiss Rd Washington Depot, CT 06777

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,999,999

    Land available for sale.

    Lot size:
    68.17 Acres

    Property Features for Curtiss Rd

    General Information

    Lot size
    68.17 Acres

    We can help!

    Listing Contact
    Pat Lahoud
    Source: Elliman

    Listing Agent: Pat Lahoud

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

    Learn more

    Overview

    Land For Sale

    This land is available for sale. The list price is $1,999,999.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Washington Depot
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.347494
    Latitude
    41.71172

    Nearby Similar for Sale

    • $599,900

      Mixed-Use Property in Woodville

      Mixed-use property with residential and commercial spaces in Woodville.
      233 Litchfield Tpke, Washington, CT 06777
      View Details
    • $995,000

      Washington Estate with Horse Barn

      16+ acre estate with pasture and horse barn.
      42 Nichols Hill Rd, Washington, CT 06793
      View Details
    • $2,999,999

      Mountain Lake Road Property

      Property located at 25 Mountain Lake Rd, Warren, CT 06777
      25 Mountain Lake Rd, Washington Depot, CT 06777
      View Details
    • $995,000

      Church Hill Road Property

      Property at 109 Church Hill Rd, Washington, CT 06794.
      109 Church Hill Rd, Washington, CT 06794
      View Details
    • $1,175,000

      Scofield Hill Road Property

      Property at 54 Scofield Hill Rd, Washington, CT 06794.
      54 Scofield Hill Rd, Washington, CT 06794
      View Details
    • $699,000

      Warren Specialty Property For Sale

      Specialty property available for purchase in Warren, Connecticut.
      1 N Shore Rd, Washington Depot, CT 06777
      View Details
    • $1,195,000

      Washington CT Specialty Property

      Specialty property available for sale in Washington, Connecticut.
      49 South St, Washington, CT 06793
      View Details
    • $785,000

      Litchfield Tpke Specialty Property ForSale

      Specialty property available for sale on Litchfield Tpke.
      147 Litchfield Tpke, Washington, CT 06777
      View Details
    • $625,000
      2,072 SF

      Prime Washington Commercial Building

      Route 202 Visibility, Updated Antique Charm
      262 New Milford Tpke, Washington, CT 06777
      View Details

    FAQs

    What type of property is this?
    Land - Land available for sale.
    Where is this land located?
    The property is located at Curtiss Rd Washington Depot, CT.
    What is the asking price?
    The asking price for this property is $1,999,999.
    What are key features of this property?
    This property features: - No selling points could be extracted from the provided information.
    (860) 868-6925
    Request Owner's contact information
    Curtiss Rd Washington Depot, CT 06777
    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.
    Curtiss Rd
    Washington Depot, CT 06777
    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
    Curtiss Rd Washington Depot, CT 06777
    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

    We can help!
    Listing Contact
    Pat Lahoud
    Real Estate License ID: RES.0767863
    (860) 868-6925
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.