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    Property profile & analytics

    192 Park Rd Watertown, CT 06795-1613

    • Investment properties
    • 14,682 SF
    • 65.03 lot acres
    OFF-MARKET
    Value Estimation
    $580,000
    Location Intelligence
    Property ID
    US15-0878295
    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

    • Universal Body & Equipment Co / Truck Parts Supplier / Truck Dealer

    Property Details for 192 Park Rd

    Year built
    2020
    Construction
    FRAME
    Lot size
    65.03 lot acres
    Property size
    14,682 SF
    Zone code
    IR200
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    WTWN M:83 B:90 L:20
    APU
    WTWNM83B90L20

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $520,000

    • CAP approach

      CAP return
      Estimation
      6%
      $735,000
      6.5%
      $735,000
      7%
      $680,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $585,000
      Geo Method
      $735,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $630,000
      Retail
      $770,000
      Mixed-Use
      $670,000
      Hospitality
      $840,000
      Educational
      $745,000
      Residential Income
      $760,000
      Energy
      $675,000
      Income-Based Land
      $630,000
      Food Service
      $785,000

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.0833
    Latitude
    41.6181
    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
    $21,740
    $83,900
    $505,900
    $589,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $340,000
      0.19 Acres

      158 Echo Lk Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 0.19 Acres
      158 Echo Lk Rd, Watertown, CT 06795-2602
      View Details
    • Value Estimation
      $375,000
      3,894 SF

      35 Candee Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,894 SF
      35 Candee Hl Rd, Watertown, CT 06795-3101
      View Details
    • Value Estimation
      $355,000
      2,436 SF

      62 French St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,436 SF
      62 French St, Watertown, CT 06795-2942
      View Details
    • Value Estimation
      $285,000
      2,687 SF

      101 Hamilton Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,687 SF
      101 Hamilton Ave, Watertown, CT 06795-2402
      View Details
    • Value Estimation
      $250,000
      1,913 SF

      708 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,913 SF
      708 Main St, Watertown, CT 06795
      View Details
    • Value Estimation by Request
      84,490 SF

      655 Straits Tpke

      OFFICE/RESIDENTIAL (MIXED USE) • 84,490 SF
      655 Straits Tpke, Watertown, CT 06795-3369
      View Details

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    192 Park Rd
    Watertown, CT 06795-1613
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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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