Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3 Farnum Rd Lakeville, CT 06039

    • Showrooms
    • 1,440 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US15-0907987
    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

    • Showrooms

    Property Details for 3 Farnum Rd

    Year built
    1890
    Construction
    FRAME
    Lot size
    0.32 lot acres
    Property size
    1,440 SF
    Property type
    Showrooms
    APN
    SALI M:49 B:13
    APU
    SALIM49B13

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $295,000
      6.5%
      $250,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $285,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $270,000
      Mixed-Use
      $320,000
      Hospitality
      $335,000
      Educational
      $255,000
      Residential Income
      $285,000
      Energy
      $315,000
      Income-Based Land
      $335,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Lakeville
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.4395
    Latitude
    41.9634
    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
    $1,745
    $102,500
    $56,100
    $158,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      11,192 SF

      5 Bissell St

      SHOW ROOM, WAREHOUSE • 11,192 SF
      5 Bissell St, Lakeville, CT 06039
      View Details
    • Value Estimation by Request
      10,909 SF

      204 Interlaken Rd

      SHOW ROOM, WAREHOUSE • 10,909 SF
      204 Interlaken Rd, Lakeville, CT 06039-2131
      View Details
    • Value Estimation
      $630,000
      5,567 SF

      13th Porter St

      SHOW ROOM, WAREHOUSE • 5,567 SF
      13th Porter St, Lakeville, CT 06039-1214
      View Details
    • Value Estimation
      $210,000
      2,640 SF

      2 Farnum Rd

      SHOW ROOM, WAREHOUSE • 2,640 SF
      2 Farnum Rd, Lakeville, CT 06039-2535
      View Details
    • Value Estimation
      $255,000
      2,944 SF

      318 Main St

      SHOW ROOM, WAREHOUSE • 2,944 SF
      318 Main St, Lakeville, CT 06039-1206
      View Details
    • Value Estimation
      $315,000
      2,819 SF

      322 Main St

      SHOW ROOM, WAREHOUSE • 2,819 SF
      322 Main St, Lakeville, CT 06039-1206
      View Details

    Similar Nearby for Sale

    • $995,000
      4,773 SF

      Versatile Commercial Property in Lakeville

      Federal-era building converted to commercial use in downtown Lakeville.
      308 Main St, Salisbury, CT 06039
      View Details
    • $895,000
      Pending

      Historic Mixed-Use Pocketknife Square

      Historically significant mixed-use property with office, residential, and restaurant spaces.
      8 Holley St, Lakeville, CT 06039
      View Details
    • $5,450,000

      Salisbury Specialty Property For Sale

      Specialty property available for purchase in Salisbury, Connecticut.
      11 Valley Rd, Lakeville, CT 06039
      View Details
    • $3,225,000

      Salisbury Specialty Property For Sale

      Specialty property available for purchase in Salisbury, Connecticut.
      120 Lime Rock Rd, Lakeville, CT 06039
      View Details
    • New
      $89,000
      Pending

      Residential Land with Lake Access

      Land with approved septic plan, lake access, build your dream home.
      294 Lime Rock Rd, Lakeville, CT 06039
      View Details
    • $275,000
      9.33 Acres

      Residential Land in Salisbury, CT

      9.33 acre residential lot suitable for a 3-bedroom home.
      153 White Hollow Rd, Lakeville, CT 06039
      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.
    3 Farnum Rd
    Lakeville, CT 06039
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.