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Financial
Distress signals
Property profile

276 Highland Ave Waterbury, CT 06708

FOR LEASE
Office buildings
Property ID
US15-0284847
6,864 SF 0.38 ac lot Built 1978
Last sale Oct 2025 · $375,694
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 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 approximately 1,300 square feet of office space configured for professional use. The interior layout includes six offices, a reception or waiting area, a break room, and an en suite bathroom. It is situated with convenient access to I-84 and Route 8 and includes ample on-site parking, supporting office and related uses such as medical or other professional services.

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 · 2023

What does the county charge?
$29k
Tax billed · 2023
Assessed value$529k
Assessed land$69k
Assessed improvement$460k
Effective rate5.42%

Value estimate

· Oct 2026
$345k
$311k – $380k
AI approach$345k
Submarket $/SF estimate$671k
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$3k
Operating expenses−$4k
NOI · 894.15% cap applied$12k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$81/SF
Submarket average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$42 – $125
Qualifying comparables3

Cap rate analysis

How does the asset earn?
894.15%
$12k 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?
RL
The intent of this zone is to promote low density residential district uses
General categoryRESIDENTIAL
JurisdictionWATERBURY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency37.7
Storage Facility18.1
Wholesale Shop18.0

Location

276 Highland Ave Waterbury, CT 06708
County assessor Recorded deeds · 4 transfers 3 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
389 Highland, Waterbury, CT 06708-3444 $310,000 Dec 2024 2,488 SF
808 Highland, Waterbury, CT 06708-4626 $245,000 May 2023 2,500 SF
134 Highland, Waterbury, CT 06708-2770 $362,500 May 2023 4,164 SF
301 Highland, Waterbury, CT 06708-3029 $308,000 Jun 2022 3,452 SF
405 Highland, Waterbury, CT 06708-3476 $10,000 Oct 2019 2,480 SF
1211 Chase, Waterbury, CT 06708-2905 $508,000 Oct 2018 5,528 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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