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    Property profile & analytics

    1698 Watertown Ave Waterbury, CT 06708-1118

    • Car washes
    • 4,792 SF
    • 0.91 lot acres
    OFF-MARKET
    Value Estimation
    $620,000
    Last Sale
    Jul 21, 2023
    $532,100
    Location Intelligence
    Property ID
    US15-0631124
    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

    • Russell Speeder's Car Wash / Car Wash
    • Mario's Car Wash / Car Wash / Gas Station

    Property Details for 1698 Watertown Ave

    Year built
    1992
    Lot size
    0.91 lot acres
    Property size
    4,792 SF
    Zone code
    CA
    Property type
    Car washes
    APN
    WBRY M:0083 B:0863 L:0051
    APU
    WBRYM0083B0863L0051

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $675,000

    • CAP approach

      CAP return
      Estimation
      6%
      $640,000
      6.5%
      $675,000
      7%
      $640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $545,000
      Geo Method
      $610,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $560,000
      Retail
      $600,000
      Mixed-Use
      $655,000
      Hospitality
      $565,000
      Educational
      $650,000
      Residential Income
      $545,000
      Energy
      $520,000
      Income-Based Land
      $680,000
      Food Service
      $525,000

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0765
    Latitude
    41.5859
    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
    $20,184
    $118,160
    $254,310
    $372,470
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $260,000
      5,000 SF

      385 Leonard St

      PARKING GARAGE, PARKING STRUCTURE • 5,000 SF
      385 Leonard St, Waterbury, CT 06708-4309
      View Details
    • Value Estimation by Request
      1,785 SF

      381 Watertown Ave

      GAS STATION • 1,785 SF
      381 Watertown Ave, Waterbury, CT 06708
      View Details
    • Value Estimation
      $350,000
      1,364 SF

      684 Watertown Ave

      PARKING GARAGE, PARKING STRUCTURE • 1,364 SF
      684 Watertown Ave, Waterbury, CT 06708-2207
      View Details
    • Value Estimation
      $240,000
      2,400 SF

      77 Edwin Ave

      PARKING GARAGE, PARKING STRUCTURE • 2,400 SF
      77 Edwin Ave, Waterbury, CT 06708-2236
      View Details
    • Value Estimation by Request
      1,250 SF

      474 Bank St

      GAS STATION • 1,250 SF
      474 Bank St, Waterbury, CT 06708-3502
      View Details
    • Value Estimation
      $330,000
      5,920 SF

      27 Coolidge Ave

      PARKING GARAGE, PARKING STRUCTURE • 5,920 SF
      27 Coolidge Ave, Waterbury, CT 06708
      View Details

    Similar Nearby for Sale

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      Waterbury Commercial Building For Sale

      6,738 SF commercial building suitable for auto garage or sales.
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    • $469,900

      Mixed-Use Property in Waterbury

      Fully rented mixed-use property with residential and commercial spaces.
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    • $475,000
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      Mixed-Use Retail & Apartment Building

      Mixed-use building with retail space and apartment in Waterbury.
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    • $1,700,000
      2,132 SF

      Established Restaurant Opportunity For Sale

      Well-established restaurant with real estate and equipment for sale.
      572 Watertown Ave, Waterbury, CT 06708
      View Details
    • $1,200,000

      Well-Maintained Commercial Building For Sale

      6582 Sq Ft commercial building in high-traffic area.
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    • $1,100,000
      5,200 SF

      Waterbury Shopping Center - Prime Location

      High-Occupancy Retail/Office Center in CT
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    Similar Nearby for Lease

    • $16 SF/Yr
      1,400 SF

      Retail Space in High-Traffic Location

      Retail space available within a car wash and gas station complex.
      1405 E Main St, Waterbury, CT 06708
      View Details
    • $10 SF/Yr
      42,500 SF

      Watertown Ave Retail/Industrial Space

      Prime 8,500 SF retail/industrial space available.
      1630 Watertown Ave, Waterbury, CT 06708
      View Details
    • $10 SF/Yr
      8,500 SF

      Retail Space in Steelbrook Plaza

      Retail space available in busy Steelbrook Plaza on Route 73.
      1630-1650 Watertown Ave, Waterbury, CT 06708
      View Details
    • $18 SF/Yr
      7,590 SF

      Waterbury Executive Office Space

      Modern Office, 2,516 sq ft Available
      146 Highland Ave, Waterbury, CT 06708
      View Details
    • $22 SF/Yr
      1,350 SF

      Retail Space in Waterbury Center

      Retail space available in a signature Waterbury shopping center.
      1249 W Main St, Waterbury, CT 06708
      View Details
    • $11 SF/Yr
      5,657 SF

      5,657 SF Retail Space Available

      Former adult day care/gymnasium space available for rent.
      515 Watertown Ave, Waterbury, CT 06708
      View Details

    Property Visit Statistics

    • Visits by month
      23.4k
    • Visitors by month
      11.6k
    • Avg Time on site
      14 min
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    Waterbury, CT 06708-1118
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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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