Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Commercial real estate

    101 Pierpont Rd, Waterbury, CT 06705

    0.65 ac lot
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US15-0327163
    Property summary
    AI-generated overview

    This exceptional turnkey creative office space, totaling 12,596 square feet, presents a unique investment opportunity in the Waterbury, CT submarket. Currently configured as an occupational education campus, the property offers significant flexibility for a variety of uses. The single-tenant building sits on a generous 2.48 acres of land and includes three one-story buildings. Ample parking is provided with over 100 spaces, ensuring convenient access for employees and clients. The property boasts excellent accessibility, with easy access from I-84 and Route 8, making it an ideal location for businesses seeking convenient commutes and high visibility. Zoned CA, the property's potential extends beyond its current use, offering a blank canvas for creative entrepreneurs and established businesses alike. The existing infrastructure and turnkey setup minimize upfront investment and allow for immediate occupancy. This is a rare opportunity to acquire a substantial, well-located property with significant upside potential in a thriving Connecticut market. The property's size, parking capacity, and convenient location combine to create a compelling offering for businesses seeking a functional and attractive workspace. The property is ready for immediate occupancy, eliminating the need for extensive renovations or build-outs. Its versatile zoning allows for a wide range of potential uses, making it an attractive investment for both short-term and long-term strategies. The cross street is East Main St.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.65 ac (28,314 SF)
    Zoning code CA
    APN WBRY M:0379 B:0137 L:0022
    UPID US15-0327163
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Pierpont Head Start Center High School Daycare Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Olmstead Realty LLC · 6 yrs held
    Olmstead Realty LLC
    since 2019
    7 recorded transactions
    2019
    2009
    2008
    2006
    $1
    2003
    $240,000
    1999
    1994
    $260,000
    Zoning & alternative use
    CA · Waterbury, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    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