3584 Main St Waterbury, CT 06705
- Commercial real estate
- 3.73 lot acres
Current Use by Public Records
- Raad Marc N MD / Doctor
- Rosegarden Health & Rehab Center / Nursing Home / Non-Profit Organization
Property Details for 3584 Main St
- Lot size
- 3.73 lot acres
- Zone code
- CA
- Property type
- Commercial real estate
- APN
- WBRY M:0404 B:0156 L:0007
- APU
- WBRYM0404B0156L0007
Description
This exceptional 3.73-acre commercial land parcel presents a remarkable development opportunity in a high-traffic location. Situated at a signalized intersection in Waterbury, Connecticut, this property boasts excellent visibility and accessibility, with an impressive 11,500 vehicles passing the traffic light daily. The CA zoning permits a variety of uses, making it ideal for a restaurant with a drive-thru, a retail center, or other commercial ventures. Its strategic location at the entrance to major retailers like Costco, Restaurant Depot, and Kohl's ensures high foot traffic and brand synergy. The property offers convenient access to I-84 at Exit 25, providing easy east and westbound connectivity. This prime location is further enhanced by the proximity of Ion Bank and Trinity Health Urgent Care, creating a vibrant and thriving commercial environment. The asking price for this exceptional development opportunity is $2,800,000. Don't miss this chance to secure a highly visible and strategically located commercial property in a rapidly growing area. The property is located at 3584 East Main Street, Waterbury, CT 06705, in New Haven County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $825,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,165,000
- 6.5%
- $1,255,000
- 7%
- $1,160,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,115,000
- Geo Method
- $1,260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,090,000
- Retail
- $1,050,000
- Mixed-Use
- $935,000
- Hospitality
- $1,270,000
- Educational
- $1,025,000
- Residential Income
- $1,230,000
- Energy
- $1,105,000
- Income-Based Land
- $1,020,000
- Food Service
- $1,010,000
Location Insight
- Map
- Local Demand
- City
- Waterbury
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9682
- Latitude
- 41.5419
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA