Financial
Distress signals
Property profile

408 Main St Torrington, CT 06790

OFF-MARKET
Commercial land
Property ID
US15-0119500
0.77 ac lot
Last sale Jun 2023 · $70,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 0.77-acre commercial parcel located on Main Street in downtown Torrington, with approximately 111 feet of frontage and a level to gently sloping site. Utilities are available in the street. It is zoned LB (Local Business), which permits a range of commercial and mixed-use uses, including retail and office uses; restaurant or café uses; professional or medical offices; creative studio space; event space; and contractor headquarters. Environmental due diligence has been

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$73k
Assessed land$73k
Effective rate4.80%

Value estimate

· Sep 2026
$70k
$63k – $77k
AI approach$90k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$68/SF
ZIP average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$36 – $98

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LB
The intent of this zone is to promote local business uses.
General categoryCOMMERCIAL
JurisdictionTORRINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner9.6
Locksmith9.3
Parking Facility9.1

Location

408 Main St Torrington, CT 06790-5005
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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

4 recorded sales · 12 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
775 Main, Torrington, CT 06790-3604 $1,030,000 Feb 2026 No data
Broad, Torrington, CT 06790 $80,000 Jul 2020 No data
1397 Main, Torrington, CT 06790-3517 $850,000 Jun 2020 No data
887 Migeon, Torrington, CT 06790-4524 $125,000 Oct 2018 No data
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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