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    Property profile & analytics

    1389 Main St, Unit 305 Waterbury, CT 06708-3104

    • Commercial real estate
    • 1,233 SF
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US15-0799549
    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.

    Current Use by Public Records

    • Greater Waterbury Oral & Maxillofacial Surgeons / Oral Surgeon
    • John J. Hillgen, IV, DMD, MBA / Oral Surgeon
    • Lisa S Veiga DMD / Dentist
    • Endodontic Associates: Turek Thomas J DMD / Dentist / Endodontist
    • Endodontic Associates: Jason Alliger, D.D.S. / Endodontist

    Property Details for 1389 Main St

    Year built
    1964
    Property size
    1,233 SF
    Zone code
    CO
    Property type
    Commercial real estate
    APN
    WBRY M:0315 B:0047 L:0001-305
    APU
    WBRYM0315B0047L0001305

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $345,000
      6.5%
      $360,000
      7%
      $315,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $375,000
      Geo Method
      $345,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $370,000
      Mixed-Use
      $360,000
      Hospitality
      $345,000
      Educational
      $400,000
      Residential Income
      $330,000
      Energy
      $310,000
      Income-Based Land
      $400,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.066
    Latitude
    41.5497
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, CT METROPOLITAN 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
    $5,250
    $0.00
    $96,880
    $96,880
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5.34 Acres

      269 Brookside Rd

      COMMERCIAL (GENERAL) • 5.34 Acres
      269 Brookside Rd, Waterbury, CT 06708-1406
      View Details
    • Value Estimation by Request
      12,764 SF

      1279 Main St

      COMMERCIAL (GENERAL) • 12,764 SF
      1279 Main St, Waterbury, CT 06708-3101
      View Details
    • Value Estimation
      $485,000
      0.65 Acres

      461 Watertown Ave

      COMMERCIAL (GENERAL) • 0.65 Acres
      461 Watertown Ave, Waterbury, CT 06708-2204
      View Details
    • Value Estimation
      $625,000
      2,534 SF

      1320 Main St Ste, Unit 3

      COMMERCIAL CONDOMINUIM • 2,534 SF
      1320 Main St Ste, Waterbury, CT 06708-3119
      View Details
    • Value Estimation
      $260,000
      7,720 SF

      103 Grn St

      COMMERCIAL (GENERAL) • 7,720 SF
      103 Grn St, Waterbury, CT 06708-3538
      View Details
    • Value Estimation
      $285,000
      598 SF

      500 Chase Pkwy Fl 2c

      COMMERCIAL CONDOMINUIM • 598 SF
      500 Chase Pkwy Fl 2c, Waterbury, CT 06708-3346
      View Details

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    Similar Nearby for Lease

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      Prime 8,500 SF retail/industrial space available.
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      Freestanding Industrial Facility For Lease

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      Retail space available in busy Steelbrook Plaza on Route 73.
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    • $1,800 /Mo

      Ready Multifamily Unit For Rent

      Move-in ready multifamily unit available for rent.
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      View Details
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    Waterbury, CT 06708-3104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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