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    630 Bank St Waterbury, CT 06720

    Sponsored
    For Sale
    $350,000

    Prime 0.75-acre lot, build-to-suit potential.

    Property size:
    3,035 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 0.75-acre commercial land parcel, located at 630 Bank Street in Waterbury, Connecticut, presents a unique build-to-suit opportunity. Zoned for commercial development, this property offers 3,035 square feet of potential building space. The strategic location next to a Home Depot provides significant visibility and accessibility, making it ideal for a variety of retail ventures. The property's "Opportunity Zone" designation may offer attractive tax incentives for qualified investors. Envisioned uses include, but are not limited to, a car wash, convenience store, or fuel station. This prime location in Waterbury, Connecticut (zip code 06720), offers excellent potential for high returns on investment. The asking price for this exceptional property is $350,000. Given its size, location, and zoning, this is a rare opportunity to develop a thriving commercial enterprise in a high-traffic area. The property's coordinates are approximately 41.56 latitude and -73.05 longitude. Serious inquiries are encouraged.

    Property Features for 630 Bank St

    General Information

    Property type
    Land
    Square Feet
    3,035 SF
    Lot Size
    32,670 SF

    HighLights

    • $350,000 asking price.
    • Retail and land property totaling 3,035 square feet.
    • Located at 630 Bank Street, Waterbury, CT 06720, on a 0.75‑acre lot.
    • Opportunity zoning allows for diverse development.
    • Potential uses include build‑to‑suit, car wash, convenience store, and fuel station; adjacent to Home Depot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New York
    State
    Connecticut
    Longitude
    -73.05
    Latitude
    41.56

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    FAQs

    What type of property is this?
    Land - Prime 0.75-acre lot, build-to-suit potential.
    Where is this land located?
    The property is located at 630 Bank St Waterbury, CT.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: $350,000 asking price.; Retail and land property totaling 3,035 square feet.; Located at 630 Bank Street, Waterbury, CT 06720, on a 0.75-acre lot.
    Request Owner's contact information
    630 Bank St Waterbury, CT 06720
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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
    630 Bank St Waterbury, CT 06720
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