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    Property profile & analytics

    16 Farnum Rd Lakeville, CT 06039-2535

    • Showrooms
    • 1,092 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US15-0335690
    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

    • Showrooms

    Property Details for 16 Farnum Rd

    Year built
    2004
    Construction
    FRAME
    Lot size
    0.41 lot acres
    Property size
    1,092 SF
    Property type
    Showrooms
    APN
    SALI M:49 B:107
    APU
    SALIM49B107

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lakeville
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.4382
    Latitude
    41.9637
    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
    $1,680
    $37,000
    $115,700
    $152,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $360,000
      5,060 SF

      12 Millerton Rd

      SHOW ROOM, WAREHOUSE • 5,060 SF
      12 Millerton Rd, Lakeville, CT 06039-1400
      View Details
    • Value Estimation
      $275,000
      6,305 SF

      125 Millerton Rd

      SHOW ROOM, WAREHOUSE • 6,305 SF
      125 Millerton Rd, Lakeville, CT 06039-1429
      View Details
    • Value Estimation by Request
      11,192 SF

      5 Bissell St

      SHOW ROOM, WAREHOUSE • 11,192 SF
      5 Bissell St, Lakeville, CT 06039
      View Details
    • Value Estimation by Request
      10,909 SF

      204 Interlaken Rd

      SHOW ROOM, WAREHOUSE • 10,909 SF
      204 Interlaken Rd, Lakeville, CT 06039-2131
      View Details
    • Value Estimation
      $630,000
      5,567 SF

      13th Porter St

      SHOW ROOM, WAREHOUSE • 5,567 SF
      13th Porter St, Lakeville, CT 06039-1214
      View Details
    • Value Estimation
      $210,000
      2,640 SF

      2 Farnum Rd

      SHOW ROOM, WAREHOUSE • 2,640 SF
      2 Farnum Rd, Lakeville, CT 06039-2535
      View Details

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    16 Farnum Rd
    Lakeville, CT 06039-2535
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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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