Property profile

1196 Main St Torrington, CT 06790

OFF-MARKET
Banks
Property ID
US15-0883953
2,135 SF 0.53 ac lot Built 1970
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1970
Construction FRAME
Total area 2,135 SF
Lot 0.53 ac (23,087 SF)
Zoning code LB
APN TORR M:137 B:009 L:005
UPID US15-0883953

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Atm

Location

1196 Main St Torrington, CT 06790-3914
Torrington metro Census 310500 TORRINGTON, CT MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.12M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.19M

Owner & transaction history

since 2022
Last sale
$980,000
2 recorded transactions
2022
$980,000
2001
Price N/A

Zoning & alternative use

LB · Torrington, CT
Zoning description

The intent of this zone is to promote local business uses.

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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