209 Highland Ave Waterbury, CT 06708-3055
Property profile & analytics
209 Highland Ave, Waterbury, CT 06708-3055
- Medical Office Space
- 11,884 SF
- 1.75 lot acres
Property ID
US15-0386479
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.
Location Intelligence
Current Use by Public Records
- MONZURUL H CHOWDHURY / Physician
- SINA RAISSI / Physician / Medical Clinic
- MARC A CIAMPI / Physician / Medical Clinic
- DaVita Greater Waterbury Dialysis / Medical Clinic
Property Details for 209 Highland Ave
- Year built
- 1998
- Lot size
- 1.75 lot acres
- Zone code
- RM
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- WBRY M:0316 B:0622 L:0032
- APU
- WBRYM0316B0622L0032
Description
This exceptional investment opportunity presents a 14,000 square foot medical office building located at 209 Highland Ave, Waterbury, CT 06708. The property is currently leased to DaVita Dialysis, a Fortune 500 company and leading provider of kidney care, under an absolute NNN lease with a remaining term of 6.2 years and two 5-year options. The lease commenced April 30, 1996, and expires December 31, 2030. The lease features a strong corporate guarantee and annual rent increases of 2%. The property boasts a current NOI of $185,732, resulting in a compelling 6.65% cap rate and an asking price of $2,792,962. Built in 1998, this strategically located asset benefits from a dense urban population
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $750,000 Current use
- AUTO REPAIR, GARAGE
- $1,040,000 Change: +38% Conversion: Difficult
- RETAIL STORES
- $1,010,000 Change: +34% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $965,000 Change: +28% Conversion: Moderate
- WAREHOUSE, STORAGE
- $665,000 Change: -12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Waterbury
- County
- New Haven
- State
- Connecticut
- Longitude
- -73.0574
- Latitude
- 41.5517
- 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
$89,552
$141,260
$1,511,300
$1,652,560
-
$0.00
$0.00
$0.00
