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Property profile & analytics
FOR SALE
Commercial land

1658 Thomaston Ave Waterbury, CT 06704

0.56 ac lot
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US15-0455898
Property summary
AI-generated overview

This exceptional 1.41-acre commercial land parcel presents a compelling investment opportunity in Waterbury, Connecticut. Located at 1658 Thomaston Avenue, this property boasts a prime corner lot position on a busy thoroughfare, ensuring high visibility and accessibility. The existing CG zoning permits a range of commercial uses, making it ideal for developers seeking mixed-use redevelopment projects. An approved site plan is already in place, streamlining the development process and potentially reducing lead times. The substantial lot size offers ample space for a variety of commercial ventures, from retail establishments to office buildings or a combination thereof. Situated in New Haven County, this property benefits from convenient access to major transportation routes and a thriving local economy. The asking price of $319,000 represents a significant value proposition for investors looking to capitalize on the potential of this strategically located land. Detailed site plans and zoning information are readily available upon request. This is a rare opportunity to acquire a well-positioned commercial property in a desirable Connecticut location. Don't miss out on this chance to build your next successful venture. Contact us today to learn more.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.56 ac (24,394 SF)
Zoning code CG
APN WBRY M:0074 B:0994 L:0046
UPID US15-0455898
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sheffield Developers LLC · 18 yrs held
Sheffield Developers LLC
since 2008
1 recorded transaction
2008
$168,000
Zoning & alternative use
CG · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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