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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Showrooms
1290 Highland Ave Waterbury, CT 06708-4912
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US15-0116459
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1940
Total area
20,746 SF
Lot
4.64 ac (202,118 SF)
Zoning code
RL
APN
WBRY M:0532 B:1127 L:0003
UPID
US15-0116459
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
-
Alva Interiors Inc Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$708k
Blend (final)
Blend
$845k
Owner & transaction history
Toralva Properties LLC · 10 yrs held
Toralva Properties LLC
since 2016
7 recorded transactions
Zoning & alternative use
RL · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Waterbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterbury 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,355,000
Current use
WAREHOUSE, STORAGE
$1,220,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$845k
Range $761k – $930k · ±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
$41 / 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
$12,912
Tax year 2023
Assessed value
$238,280
Assessed 2023
Previous assessed
$238,280
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$189,980
Assessed improvement
$48,300
Applied tax rate
312.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1940
Heating
FORCED AIR
Buildings
1
Stories
2
Total area
20,746 SF
Lot
4.64 ac (202,118 SF)
Zoning code
RL
APN
WBRY M:0532 B:1127 L:0003
UPID
US15-0116459
Jurisdiction
WATERBURY
Zoning & alternative use
RL · Waterbury, CT
Zoning RL · permitted uses
RL · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1940
Heating
FORCED AIR
Stories
2
Buildings
1
Lot
4.64 ac
Current owner
From public records · entity-resolved
Toralva Properties LLC
Entity
Mailing address
1290 HIGHLAND AVE, WATERBURY, CT 06708-4912
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2016
$220,000
Toralva Properties LLC
Ansonia Autopark LLC
Warranty Deed
$160,000 · Ansonia Autopark LLC
Sep 27, 2013
$102,000
Daniel Fry
Bll Holdings LLC
Warranty Deed
$170,000 · Sachem Cap Ptnrs LLC
Sep 27, 2013
—
Ansonia Auto Park LLC
Fry,daniel
Quit Claim Deed
related
—
Oct 1, 2012
$1
Bll Holdings LLC
Business Lenders LLC
Grant Deed
related
—
Jul 23, 2012
$236,055
Business Lenders LLC
Mancini Construction Co
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Dec 20, 2007
—
Mancini Construction Co
—
Deed Of Trust
related
$1,174,000 · N American Spec Co
Feb 10, 2005
—
Constructons Mancini
—
Deed Of Trust
related
$1,174,000 · N American Insurance
Apr 13, 1999
—
Mancini Const Co
—
Deed Of Trust
related
$300,000 · Business Lenders INC
Jun 11, 1998
—
Mancini Const Co
—
Deed Of Trust
related
$300,000 · Business Lenders INC
Mar 13, 1998
—
Mancini Const Co
—
Deed Of Trust
related
$20,000 · Worth Funding INC
Dec 18, 1995
—
Nicholas M Mancin SR.
—
Deed Of Trust
related
$100,000 · Business Lenders INC
—
—
Ansonia Autopark LLC
—
Deed Of Trust
related
$265,000 · Sachem Cap Ptnrs LLC Sachem Cap Ptnrs LLC
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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