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    Property profile & analytics

    15 Academy St Salisbury, CT 06068-1835

    • Showrooms
    • 7,416 SF
    • 0.56 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Location Intelligence
    Property ID
    US15-0494968
    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

    • LendingTree / Loan Agency
    • Chore Service, Inc. / Non-Profit Organization
    • Commune Natural Health / Naturopathic Practitioner / Fertility Physician
    • RIGA YOGA / Yoga Studio

    Property Details for 15 Academy St

    Year built
    1983
    Construction
    FRAME
    Lot size
    0.56 lot acres
    Property size
    7,416 SF
    Property type
    Showrooms
    APN
    SALI M:54 B:73
    APU
    SALIM54B73

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $455,000
      6.5%
      $445,000
      7%
      $465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $460,000
      Geo Method
      $410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $510,000
      Retail
      $420,000
      Mixed-Use
      $415,000
      Hospitality
      $460,000
      Educational
      $490,000
      Residential Income
      $420,000
      Energy
      $465,000
      Income-Based Land
      $465,000
      Food Service
      $465,000

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.4212
    Latitude
    41.9816
    CBSA code
    45860
    CBSA name
    TORRINGTON, CT MICROPOLITAN 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
    $4,322
    $140,500
    $252,400
    $392,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,492 SF

      20 Main St

      SHOW ROOM, WAREHOUSE • 1,492 SF
      20 Main St, Salisbury, CT 06068-1821
      View Details
    • Value Estimation
      $215,000
      1,744 SF

      184 Main St

      SHOW ROOM, WAREHOUSE • 1,744 SF
      184 Main St, Salisbury, CT 06068-1806
      View Details
    • Value Estimation by Request
      400 SF

      80 Indian Cave Rd

      SHOW ROOM, WAREHOUSE • 400 SF
      80 Indian Cave Rd, Salisbury, CT 06068-1812
      View Details
    • Value Estimation
      $210,000
      1,326 SF

      5 Academy St

      SHOW ROOM, WAREHOUSE • 1,326 SF
      5 Academy St, Salisbury, CT 06068-1835
      View Details
    • Value Estimation
      $300,000
      1,228 SF

      16 Conklin St

      SHOW ROOM, WAREHOUSE • 1,228 SF
      16 Conklin St, Salisbury, CT 06068-1823
      View Details
    • Value Estimation
      $200,000
      1,659 SF

      1 Main St

      SHOW ROOM, WAREHOUSE • 1,659 SF
      1 Main St, Salisbury, CT 06068-1801
      View Details

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    15 Academy St
    Salisbury, CT 06068-1835
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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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