Individually Owned Property summary
AI-generated overview
This exceptional 8,291 square foot medical office space is available for lease in Waterbury, Connecticut. Located at 160 Robbins Street, this single-tenant property sits within a larger 63,714 square foot, two-story medical surgery center directly across from Waterbury Hospital. Built in 1991, the building is zoned CO and offers convenient access for patients and staff. The space is situated on the main level and is divisible to accommodate various practice sizes. The building boasts ample parking, including both open surface and covered options, a significant advantage in an urban setting. This property is part of a multi-tenant building, currently housing a mix of private and hospital-affiliated medical practices, creating a collaborative and established medical environment. The space presents a unique opportunity for medical professionals seeking a well-located, functional, and readily accessible office space in a thriving medical community. Interested parties should inquire for lease rate information. The property features a total building size of 63,714 square feet, spread across two stories.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1918
Total area
53,668 SF
Lot
5.14 ac (223,898 SF)
Zoning code
CO
APN
WBRY M:0250 B:0052 L:0042
UPID
US15-0629596
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pediatrician Medical Clinic
-
Physician
-
Physician
-
Pediatrician Medical Clinic
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.86M
Blend (final)
Blend
$5.34M
Owner & transaction history
since 2008
5 recorded transactions
Zoning & alternative use
CO · Waterbury, CT
Zoning description
The intent of this zone is to promote commercial office district uses
General category
COMMERCIAL
Top alternative use upside
Office building
$6.7M
+96.7%
Restaurant
$6.4M
+89.9%
Auto repair, garage
$4.7M
+38.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.34M
Value range
$4.81M – $5.87M
±10% around blend
Estimated value / SF
$100 / SF
Confidence
Property data
100
Comparable evidence
60
$4.81M
blend $5.34M
$5.87M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
53,668 SF
Lot area
5.14 ac
Year built
1918
Stories
2
APN
WBRY M:0250 B:0052 L:0042
Zoning
CO
Assessed value
$8,921,640
Annual tax
$483,464
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$4.86M
Range $1.52M – $4.86M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.34M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+97%
vs current-use indication
Restaurant
Auto Repair, Garage
Retail Stores
Apartment House (5+ Units)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$8.92M
Move the market yield to see immediate price impact.
Value / SF
$166
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$562k
$11.24M
$8.03M
$6.25M
$625k
$12.49M
$8.92M
$6.94M
$687k
$13.74M
$9.81M
$7.63M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$483,464
Tax year 2023
Assessed value
$8,921,640
Assessed 2023
Previous assessed
$8,921,640
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$1,536,920
Assessed improvement
$7,384,720
Applied tax rate
312.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1918
Heating
HEAT PUMP
Buildings
1
Stories
2
Total area
53,668 SF
Lot
5.14 ac (223,898 SF)
Zoning code
CO
APN
WBRY M:0250 B:0052 L:0042
UPID
US15-0629596
Jurisdiction
WATERBURY
Zoning & alternative use
CO · Waterbury, CTZoning CO · permitted uses
CO · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The intent of this zone is to promote commercial office district uses
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1918
Heating
HEAT PUMP
Stories
2
Buildings
1
Lot
5.14 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
CO
COMMERCIAL
Jurisdiction
Waterbury, CT
Recorded code
CO
Official district
CO
Official district profile
What the municipal code says about CO
Zoning description
The intent of this zone is to promote commercial office district uses
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CO in Waterbury, CT.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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