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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Car washes
1698 Watertown Ave Waterbury, CT 06708-1118
Individually Owned
3-yr Hold
Free & Clear
Property ID
US15-0631124
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1992
Total area
4,792 SF
Lot
0.91 ac (39,640 SF)
Zoning code
CA
APN
WBRY M:0083 B:0863 L:0051
UPID
US15-0631124
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
Current use
Occupant on record · Public records
-
Russell Speeder's Car Wash Car Wash
-
Mario's Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$509k
Blend (final)
Blend
$525k
Owner & transaction history
Russell Speeders Car Wash · 3 yrs held
Russell Speeders Car Wash
since 2023
Last sale
$532,100
5 recorded transactions
Zoning & alternative use
CA · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Waterbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$675,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$435,000
Current use
OFFICE BUILDING
$390,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$390,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $532k (Jul 21 2023)
Last sale anchor
$532k
Jul 21 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$110 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$20,184
Tax year 2023
Assessed value
$372,470
Assessed 2023
Previous assessed
$372,470
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$118,160
Assessed improvement
$254,310
Applied tax rate
312.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1992
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
4,792 SF
Lot
0.91 ac (39,640 SF)
Zoning code
CA
APN
WBRY M:0083 B:0863 L:0051
UPID
US15-0631124
Jurisdiction
WATERBURY
Zoning & alternative use
CA · Waterbury, CT
Zoning CA · permitted uses
CA · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$435,000
OFFICE BUILDING
Est. value
$390,000
RETAIL STORES
Est. value
$390,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
Russell Speeders Car Wash
Individual
Free & Clear · 3 yrs held
Mailing address
1698 WATERTOWN AVE, WATERBURY, CT 06708-1118
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2023
$532,100
Russell Speeders Car Wash
D&s Carwash LLC
Warranty Deed
—
Oct 18, 2021
—
D&s Car Wash LLC
—
Deed
related
$350,000 · Thomaston Savings Bank
Nov 18, 1994
—
Mario Docchio
—
Deed Of Trust
related
$100,000 · Heritage Bank
Nov 27, 1990
$165,000
Mario Docchio
Stack,steven
Grant Deed
$165,000 · Zenon Grzybowski
Nov 27, 1990
—
Mario Docchio
—
Deed Of Trust
related
$500,000 · Heritage Savings & Loan Assn
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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