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    Main St Waterbury, CT 06705

    Sponsored
    For Sale
    $229,000

    0.69 Acres, High Traffic, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.69-acre commercial land parcel presents a remarkable investment opportunity in Waterbury, Connecticut. Located on heavily trafficked East Main Street, this property boasts a prime location with excellent visibility and accessibility. According to the Connecticut Department of Transportation's 2017 data, this section of East Main Street experiences a daily vehicle count of 12,100 vehicles, ensuring high exposure for any future development. The property is zoned for commercial use, offering flexibility for a variety of development projects. A proposed plan outlines a 5,000 square foot building, showcasing the potential for office or retail space. The site's size and location make it ideal for businesses seeking high visibility and convenient access to major transportation routes. This is a rare opportunity to acquire a strategically positioned commercial lot in a thriving Connecticut market. The asking price for this exceptional property is $229,000. The property's address is 0 East Main Street, Waterbury, CT 06705, situated in New Haven County. This land offers significant potential for growth and return on investment. Don't miss this chance to secure a prime piece of commercial real estate in a desirable location.

    Property Features for 0 Main St

    General Information

    Property type
    Land
    Lot Size
    30,056 SF

    HighLights

    • 0.69‑acre commercially zoned lot.
    • High‑traffic location on East Main Street.
    • 12,100 vehicles per day (CT DOT 2017 data).
    • Excellent site for office or retail development.
    • Proposed 5,000 square foot building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.992788
    Latitude
    41.5426528

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    FAQs

    What type of property is this?
    Land - 0.69 Acres, High Traffic, Development Ready
    Where is this land located?
    The property is located at Main St Waterbury, CT.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: 0.69-acre commercially zoned lot.; High-traffic location on East Main Street.; 12,100 vehicles per day (CT DOT 2017 data).
    (203) 577-2277
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    Main St Waterbury, CT 06705
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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
    Main St Waterbury, CT 06705
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