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Financial
Distress signals
Property profile

138 Cherry St Waterbury, CT 06702

FOR SALE
Other investment properties
Property ID
US15-0185515
7,068 SF 0.07 ac lot Built 1906
Last sale Jan 2023 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of a 750-square-foot retail suite located at 138 Cherry St in Waterbury, Connecticut (06702). It features a storefront setting along Cherry Street for retail use and is configured to allow combination with adjacent/additional space, enabling a larger retail configuration when needed.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$18k
Tax billed · 2024
Assessed value$366k
Assessed land$8k
Assessed improvement$358k
Effective rate4.94%

Value estimate

· Oct 2026
$550k
$495k – $605k
AI approach$550k
Submarket $/SF estimate$513k
NOI build-up
Gross scheduled income$140k
Vacancy & credit loss−$10k
Operating expenses−$59k
NOI · 13.04% cap applied$72k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$54/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$19 – $88
Qualifying comparables12

Cap rate analysis

How does the asset earn?
13.04%
$72k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RM
The intent of this zone is to promote moderate density residential district uses
General categoryRESIDENTIAL
JurisdictionWATERBURY

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service10.2
Florist8.9
Travel Agency8.8

Location

138 Cherry St Waterbury, CT 06702
County assessor Recorded deeds · 14 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
473 Main, Waterbury, CT 06702 $1,500,000 Dec 2025 9,384 SF
25 Central, Waterbury, CT 06702-1202 $125,000 Feb 2024 6,538 SF
140 Grand, Waterbury, CT 06702 $350,000 Jun 2023 6,596 SF
493 Mdw, Waterbury, CT 06702-1811 $500,000 May 2023 6,520 SF
445 Mdw, Waterbury, CT 06702-1821 $420,000 Apr 2023 6,300 SF
460 Main, Waterbury, CT 06702-1121 $410,000 Jun 2022 6,387 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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