Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1 Sherman Hl Rd Woodbury, CT 06798-3698
    Property profile & analytics

    1 Sherman Hl Rd, Woodbury, CT 06798-3698

    View on Map

    • Banks
    • 13,020 SF
    • 3.53 lot acres
    Off-Market
    Last Sale Jul 8, 2022
    $1,500,000
    Property ID
    US15-0414030
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,550,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Grady & Riley LLP / Law Firm
    • Wj Burton / Insurance Agency
    • ATM (Wells Fargo Bank) / Atm
    • Grady Francis J / Law Firm

    Property Details for 1 Sherman Hl Rd

    Year built
    1974
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.53 lot acres
    Zone code
    MQ-A
    Property type
    Banks
    APN
    WOOD M:102 B:028A
    APU
    WOODM102B028A

    Description

    This two-story, 12,524-square-foot Class B office building at 1 Sherman Hill Rd., Woodbury, CT, offers multiple leasing options. Currently, 6,134 square feet are available, divisible into units ranging from 347 to 4,402 square feet. The building features a mix of traditional, medical, and creative office spaces, ideal for various professional uses. One first-floor suite (4,402 sq ft) is a former bank with a drive-thru. Other available spaces include 1,029 sq ft, 356 sq ft, and 347 sq ft. Monthly lease rates vary depending on the suite size, ranging from approximately $577 to $7,318, plus utilities. Some suites include utilities in the lease price. The property boasts ample parking, an excellent location with high visibility on Main St. S. and Sherman Hill Rd. (average daily traffic: 19,600 vehicles), and great signage opportunities. Built in 1974, the building has an 8-foot ceiling height, one elevator, and is situated on a 3.53-acre lot. Property taxes are $2.71 per square foot. The zoning is MQ-A. This is a fantastic opportunity for businesses seeking a well-located, versatile office space in Woodbury, CT.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,820,000
      ML approach
      $1,810,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,126,000
      Market price range: $1.13M - $1.88M
    • Alternative Use

      Use
      Estimation
      FINANCIAL BUILDING
      $1,395,000
      Current use
      RESTAURANT
      $1,685,000
      Change: +21% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,665,000
      Change: +19% Conversion: Difficult
      MEDICAL BUILDING
      $1,315,000
      Change: -6% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,300,000
      Change: -7% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,280,000
      Change: -8% Conversion: Difficult
      RETAIL STORES
      $1,225,000
      Change: -12% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Woodbury
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.2024
    Latitude
    41.5286
    CBSA code
    45860
    CBSA name
    TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $34,917
    $103,630
    $1,097,920
    $1,201,550
    -
    $0.00
    $0.00
    $0.00
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message