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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Medical Office Space
1215 New Litchfield St Torrington, CT 06790-7811
Individually Owned
10-yr Hold
Free & Clear
Property ID
US15-1015954
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,771 SF
Lot
1.86 ac (81,022 SF)
Zoning code
LB
APN
TORR M:219 B:003 L:008
UPID
US15-1015954
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
-
Charlotte Hungerford Hospital Cardiovascular Medicine Hospital
-
Carrie Wolfberg, MD, FACC Medical Clinic
-
Michael Fowler, MD, FACC Medical Clinic
-
Joseph Abreu, MD Medical Clinic
-
LELAND E PARKER Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$470k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$812k
Blend (final)
Blend
$640k
Owner & transaction history
Charlotte Hungerford Hosp · 10 yrs held
Charlotte Hungerford Hosp
since 2015
2 recorded transactions
Zoning & alternative use
LB · Torrington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$890,000
+42.5%
Office building
$765,000
+22.3%
Apartment house (5+ units)
$665,000
+6.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Torrington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Torrington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$625,000
Current use
RESTAURANT
$890,000
Change: +42% · Conversion: Difficult
OFFICE BUILDING
$765,000
Change: +22% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$665,000
Change: +6% · Conversion: Moderate
AUTO REPAIR, GARAGE
$635,000
Change: +1% · Conversion: Difficult
RETAIL STORES
$585,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$95 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$33,332
Tax year 2023
Assessed value
$694,990
Assessed 2023
Previous assessed
$694,990
+0.0% YoY
Effective rate
4.80%
On assessed value
Assessed land
$106,490
Assessed improvement
$588,500
Applied tax rate
237.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
6,771 SF
Lot
1.86 ac (81,022 SF)
Zoning code
LB
APN
TORR M:219 B:003 L:008
UPID
US15-1015954
Jurisdiction
TORRINGTON
Zoning & alternative use
LB · Torrington, CT
Zoning LB · permitted uses
LB · Torrington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Torrington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$625,000
RESTAURANT
Est. value
$890,000
OFFICE BUILDING
Est. value
$765,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$665,000
AUTO REPAIR, GARAGE
Est. value
$635,000
RETAIL STORES
Est. value
$585,000
MEDICAL BUILDING Current
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
1.86 ac
Current owner
From public records · entity-resolved
Charlotte Hungerford Hosp
Individual
Free & Clear · 10 yrs held
Mailing address
540 LITCHFIELD ST, TORRINGTON, CT 06790-6679
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2015
$1,019,000
Charlotte Hungerford Hosp
Wk Realty LLC
Warranty Deed
—
Dec 19, 2001
$125,000
Wk Rlty LLC
Trobel,kenneth A
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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