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    1658 Thomaston Ave Waterbury, CT 06704

    Sponsored
    For Sale
    $319,000

    1.41 Acres, CG Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.41-acre commercial land parcel presents a compelling investment opportunity in Waterbury, Connecticut. Located at 1658 Thomaston Avenue, this property boasts a prime corner lot position on a busy thoroughfare, ensuring high visibility and accessibility. The existing CG zoning permits a range of commercial uses, making it ideal for developers seeking mixed-use redevelopment projects. An approved site plan is already in place, streamlining the development process and potentially reducing lead times. The substantial lot size offers ample space for a variety of commercial ventures, from retail establishments to office buildings or a combination thereof. Situated in New Haven County, this property benefits from convenient access to major transportation routes and a thriving local economy. The asking price of $319,000 represents a significant value proposition for investors looking to capitalize on the potential of this strategically located land. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a well-positioned commercial property in a desirable Connecticut location. Don't miss out on this chance to build your next successful venture. Contact us today to learn more.

    Property Features for 1658 Thomaston Ave

    General Information

    Property type
    Land
    Lot Size
    61,420 SF

    HighLights

    • $319,000 asking price for 1.41 acres of commercial land.
    • Located at 1658 Thomaston Ave, Waterbury, CT 06704.
    • Commercial zoning (CG).
    • Great corner lot on busy Thomaston Avenue.
    • Approved site plan for potential mixed‑use redevelopment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.052268
    Latitude
    41.590483

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    FAQs

    What type of property is this?
    Land - 1.41 Acres, CG Zoning, High Traffic
    Where is this land located?
    The property is located at 1658 Thomaston Ave Waterbury, CT.
    What is the asking price?
    The asking price for this property is $319,000.
    What are key features of this property?
    This property features: $319,000 asking price for 1.41 acres of commercial land.; Located at 1658 Thomaston Ave, Waterbury, CT 06704.; Commercial zoning (CG).
    (203) 577-2277
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    1658 Thomaston Ave 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
    1658 Thomaston Ave Waterbury, CT 06704
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