Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate
60 Westwood Ave 1 Waterbury, CT 06708-2460
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US15-0565076
Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1987
Total area
772 SF
Zoning code
CO
APN
WBRY M:0231 B:0527 L:0060-1
UPID
US15-0565076
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Westwood Medical Center Medical Clinic
-
CT Sinus Center Medical Clinic Physician
-
Perspectives Center for Care, Inc Medical Clinic
-
Randy Carrin, Psy.D., Psych Support Physician Medical Clinic
-
The Center for Obstetrics and Gynecology in Connecticut Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Westwood Medical Bldg · 14 yrs held
Westwood Medical Bldg
since 2012
3 recorded transactions
Zoning & alternative use
CO · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Waterbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,887
Tax year 2023
Assessed value
$53,270
Assessed 2023
Previous assessed
$53,270
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed improvement
$53,270
Applied tax rate
312.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
772 SF
Zoning code
CO
APN
WBRY M:0231 B:0527 L:0060-1
UPID
US15-0565076
Jurisdiction
WATERBURY
Zoning & alternative use
CO · Waterbury, CT
Zoning CO · permitted uses
CO · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1987
Heating
FORCED AIR
Stories
1
Buildings
1
Current owner
From public records · entity-resolved
Westwood Medical Bldg
Individual
Mailing address
60 WESTWOOD AVE #1, WATERBURY, CT 06708-2460
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2012
—
Westwood Medical Bldg
—
Deed Of Trust
related
$650,000 · Naugatuck Savings Bank
Jan 6, 2004
—
Westwood Medical Bldg
—
Deed Of Trust
related
$800,000 · Fleet National Bank
Aug 29, 2000
—
Westwood Med Bldg LLC
—
Deed Of Trust
related
$150,000 · American Bank Of Conneticut
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 60 Westwood Ave, Unit 1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
