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Property profile

24 Meriden Rd Waterbury, CT 06705

FOR LEASE
Parking lots & garages
Property ID
US15-1011447
3,600 SF 0.32 ac lot Built 1970
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A freestanding 3,600-square-foot commercial building constructed in 1988, located on Route 69 (Meriden Road). The structure features block and steel exterior construction with a steel roof, with interior dimensions measuring 80 feet by 45 feet and a ceiling height of 10 feet. It includes three overhead doors and has partial air conditioning and gas heat. Utilities are provided via 200-amp, three-phase electric service, with city sewer and city water available. The property is zoned CA…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$248k
Assessed land$71k
Assessed improvement$177k
Effective rate5.42%

Value estimate

· Oct 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$1k
Operating expenses−$7k
NOI · 128,966.67% cap applied$15k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$62/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$26 – $86

Cap rate analysis

How does the asset earn?
128,966.67%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CA
The intent of this zone is to promote arterial commercial district uses
General categoryCOMMERCIAL
JurisdictionWATERBURY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency37.8
Building Supply34.5
Wholesale Shop29.8

Location

24 Meriden Rd Waterbury, CT 06705
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
809 Wolcott, Waterbury, CT 06705-1313 $810,000 Feb 2025 3,960 SF
1417 Main, Waterbury, CT 06705-1081 $3,234,965 Sep 2024 3,340 SF
108 Mulloy, Waterbury, CT 06705-3438 $70,000 Dec 2023 4,846 SF
717 Meriden, Waterbury, CT 06705-2432 $135,000 Jul 2023 3,318 SF
465 Meriden, Waterbury, CT 06705-2204 $325,000 Oct 2022 2,660 SF
1833 Main, Waterbury, CT 06705-1819 $200,000 Dec 2019 3,228 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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