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    Property profile & analytics

    236 Prospect St Torrington, CT 06790

    • Banks
    • 7,588 SF
    • 0.46 lot acres
    For Sale
    View listing
    $895,000
    Value Estimation
    Location Intelligence
    Property ID
    US15-0810012
    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

    • Beecher House Society / Association Or Organization
    • prospect street / Non-Profit Organization

    Property Details for 236 Prospect St

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.46 lot acres
    Property size
    7,588 SF
    Zone code
    DD
    Property type
    Banks
    APN
    TORR M:117 B:015 L:008
    APU
    TORRM117B015L008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $395,000
      7%
      $400,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $485,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $425,000
      Retail
      $375,000
      Mixed-Use
      $415,000
      Hospitality
      $470,000
      Educational
      $360,000
      Residential Income
      $455,000
      Energy
      $475,000
      Income-Based Land
      $435,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    Torrington
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.1226
    Latitude
    41.8023
    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
    $16,290
    $56,660
    $282,990
    $339,650
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,145,000
      2,135 SF

      1196 Main St

      FINANCIAL BUILDING • 2,135 SF
      1196 Main St, Torrington, CT 06790-3914
      View Details
    • Value Estimation
      $505,000
      3,106 SF

      635 Main St

      FINANCIAL BUILDING • 3,106 SF
      635 Main St, Torrington, CT 06790-3602
      View Details
    • Value Estimation
      $485,000
      2,803 SF

      1180 Main St

      FINANCIAL BUILDING • 2,803 SF
      1180 Main St, Torrington, CT 06790-3914
      View Details
    • Value Estimation
      $395,000
      1,457 SF

      1320 Main St

      FINANCIAL BUILDING • 1,457 SF
      1320 Main St, Torrington, CT 06790-3549
      View Details
    • Value Estimation
      $410,000
      3,576 SF

      339 Elm St

      FINANCIAL BUILDING • 3,576 SF
      339 Elm St, Torrington, CT 06790-4626
      View Details
    • Value Estimation
      $485,000
      5,022 SF

      112 Main St

      FINANCIAL BUILDING • 5,022 SF
      112 Main St, Torrington, CT 06790-6429
      View Details

    Similar Nearby for Sale

    • $895,000
      7,588 SF

      Historic Bank Building with Vaults

      Historic bank building perfect for financial, office, or boutique development.
      236 Prospect St, Torrington, CT 06790
      View Details
    • Contact for pricing
      3,600 SF

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      3,600 SF retail building with high visibility.
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    • $1,300,000
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      Freestanding, fully leased retail/warehouse building with updated infrastructure.
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    • $1,077,000

      Mixed-Use Property with Upholstery Business

      Mixed-use building with upholstery business and income potential.
      443 Main St, Torrington, CT 06790
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    • $2,100,000
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      Torrington Multi-Building Retail Complex

      High-yield retail investment, 100% occupied.
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      Versatile commercial building in downtown Torrington with income potential.
      73 East Main St, Torrington, CT 06790
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    Similar Nearby for Lease

    • $16,666 /Mo
      14,820 SF

      Retail Space Near Walmart, Target

      Prime corner retail location near Walmart and Target.
      1745 E Main St, Torrington, CT 06790
      View Details
    • $2,200 /Mo

      Prime Retail Space Available

      High-visibility storefront in a busy downtown area, ready for your business.
      38 East Main St, Torrington, CT 06790
      View Details
    • Contact for pricing
      1,900 SF

      Retail Space in Downtown Torrington

      Retail space anchored by Stop & Shop in downtown Torrington.
      211-215 High St, Torrington, CT 06790
      View Details
    • $1,300 /Mo
      650 SF

      Renovated Retail/Office Space For Rent

      Newly renovated retail or office space with high visibility.
      835 New Harwinton Rd, Torrington, CT 06790
      View Details
    • $750 /Mo
      504 SF

      Downtown Torrington Commercial Space Available

      Versatile commercial space in downtown Torrington, ideal for various uses.
      82 Water St, Torrington, CT 06790
      View Details
    • $3,200 /Mo

      Retail/Office Space Available

      Retail or office space for lease on Main Street.
      20 East Main St, Torrington, CT 06790
      View Details
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    236 Prospect St
    Torrington, CT 06790
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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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