Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2670 Main St Waterbury, CT 06706-2616

    • Manufacturing properties
    • 75,967 SF
    • 5.10 lot acres
    OFF-MARKET
    Value Estimations
    $1,540,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US15-1043270
    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

    • Newmark Medical Components / Industrial Manufacturer / Production Facility
    • The Platt Brothers and Company / Industrial Manufacturer / Production Facility
    • 2670 E Main St Parking / Parking Lot & Garage
    • Kingdom Hall of Jehovah's Witnesses / Church

    Property Details for 2670 Main St

    Year built
    1956
    Lot size
    5.10 lot acres
    Property size
    75,967 SF
    Zone code
    IL
    Property type
    Manufacturing properties
    APN
    WBRY M:0559 B:0347 L:0001
    APU
    WBRYM0559B0347L0001

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,711,000
      Market price range: $1.50M - $3.92M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0479
    Latitude
    41.5178
    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
    $93,327
    $269,920
    $1,452,290
    $1,722,210
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,646 SF

      853 Hamilton Ave

      MANUFACTURING (LIGHT) • 4,646 SF
      853 Hamilton Ave, Waterbury, CT 06706-1903
      View Details
    • Value Estimation
      $835,000
      34,181 SF

      233 Ml St

      MANUFACTURING (LIGHT) • 34,181 SF
      233 Ml St, Waterbury, CT 06706-1211
      View Details
    • Value Estimation
      $2,330,000
      142,629 SF

      952 Main St

      MANUFACTURING (LIGHT) • 142,629 SF
      952 Main St, Waterbury, CT 06706-1448
      View Details
    • Value Estimation by Request
      13,269 SF

      302 Platts Mls Rd

      MANUFACTURING (LIGHT) • 13,269 SF
      302 Platts Mls Rd, Waterbury, CT 06706-2612
      View Details
    • Value Estimation by Request
      6,766 SF

      546 Main St

      MANUFACTURING (LIGHT) • 6,766 SF
      546 Main St, Waterbury, CT 06706-1015
      View Details
    • Value Estimation by Request
      17,219 SF

      115 Benedict St

      MANUFACTURING (LIGHT) • 17,219 SF
      115 Benedict St, Waterbury, CT 06706-1002
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      141,000 SF

      Industrial Building in Waterbury, CT

      141,000 SF industrial building suitable for warehouse or manufacturing.
      952 S Main St, Waterbury, CT 06706
      View Details
    • $199,999
      2,670 SF

      Industrial Building with Overhead Doors

      2,670 SF industrial building featuring two overhead doors.
      356 Baldwin St, Waterbury, CT 06706
      View Details
    • $449,900
      3,204 SF

      Waterbury Triplex For Sale

      Three-family residential income property in Waterbury, Connecticut.
      127 Lounsbury St, Waterbury, CT 06706
      View Details
    • $700,000
      7,440 SF

      Waterbury Multifamily Investment Opportunity

      Multi-family property with 9 units in Waterbury, Connecticut.
      915 S Main St, Waterbury, CT 06706
      View Details
    • $249,900

      Established Deli Business For Sale

      Turn-key deli business with loyal customer base and growth potential.
      1595 Baldwin St, Waterbury, CT 06706
      View Details
    • $2,700,000
      14,720 SF

      Turn-Key Multifamily Portfolio Opportunity

      25-unit portfolio with strong cash flow and upside potential.
      701 South Main St, Waterbury, CT 06706
      View Details

    Similar Nearby for Lease

    • $1,600 /Mo
      870 SF

      Commercial Unit For Rent

      Recently renovated commercial unit with high visibility and convenient access.
      1636 Baldwin St, Waterbury, CT 06706
      View Details
    • $2,000 /Mo
      1,700 SF

      Commercial Unit For Rent

      Recently renovated 1700 SF commercial unit with high visibility.
      1636 Baldwin St, Waterbury, CT 06706
      View Details
    • Contact for pricing
      986,379 SF

      Brass Mill Center Retail Space

      Waterbury, CT Retail Opportunity: 8 Spaces Available
      495 Union St, Waterbury, CT 06706
      View Details
    • $900 /Mo
      1,000 SF

      High-Traffic Storefront on Busy Street

      Versatile 1,000 sqft commercial space in vibrant business corridor.
      429 Baldwin St, Waterbury, CT 06706
      View Details
    • $16 SF/Yr

      Downtown Waterbury Office Space

      4,000 Sq Ft office space in downtown Waterbury.
      20 S Elm St, Waterbury, CT 06706
      View Details
    • $900 /Mo

      Storefront on Busy Street

      High-traffic commercial space suitable for retail, food processing, and more.
      429 Baldwin St, Waterbury, CT 06706
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2670 Main St
    Waterbury, CT 06706-2616
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!