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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Manufacturing properties
300 Railroad Hl St Waterbury, CT 06708-4310
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US15-1030592
Property summary
AI-generated overview
This exceptional industrial property, located at 300 Railroad Hill Street in New Haven County, offers a unique opportunity for manufacturing or warehousing businesses. The single-tenant building boasts a total of 90,000 square feet, with 11,000 square feet currently available for lease. Built in 1950 and renovated in 1970, the property sits on a 2.2-acre lot and features a single story with a generous 14'6" ceiling height. The building is equipped with one loading dock and one drive-in door, providing convenient access for loading and unloading goods. Electrical service is provided by a 200-amp, 120/208-volt system. The property is zoned IG, making it ideal for a variety of industrial uses. Its strategic location offers excellent highway access, enhancing logistical efficiency. The asking lease rate is $5.00 NNN per square foot. This property presents a compelling opportunity for businesses seeking a well-maintained, spacious industrial facility in a prime location. The combination of ample space, convenient loading options, and excellent accessibility makes this an attractive option for a variety of industrial operations. Don't miss this chance to secure a valuable asset in a thriving industrial market.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1950
Total area
86,400 SF
Lot
1.89 ac (82,328 SF)
Zoning code
IG
APN
WBRY M:0437 B:0322 L:0020
UPID
US15-1030592
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Home Design Imports Big Box & Wholesale Store Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$835k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$871k
Blend (final)
Blend
$630k
Owner & transaction history
300 Railroad Realty Corp · 6 yrs held
300 Railroad Realty Corp
since 2020
Last sale
$475,000
3 recorded transactions
Zoning & alternative use
IG · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Waterbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$495,000
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $475k (Jul 1 2020)
Last sale anchor
$475k
Jul 1 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$7 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,993
Tax year 2023
Assessed value
$350,490
Assessed 2023
Previous assessed
$350,490
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$130,200
Assessed improvement
$220,290
Applied tax rate
312.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1950
Heating
FORCED AIR
Buildings
1
Stories
2
Total area
86,400 SF
Lot
1.89 ac (82,328 SF)
Zoning code
IG
APN
WBRY M:0437 B:0322 L:0020
UPID
US15-1030592
Jurisdiction
WATERBURY
Zoning & alternative use
IG · Waterbury, CT
Zoning IG · permitted uses
IG · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
FORCED AIR
Stories
2
Buildings
1
Lot
1.89 ac
Current owner
From public records · entity-resolved
300 Railroad Realty Corp
Entity
Mailing address
271 ROUNDHILL DR, YONKERS, NY 10710-2423
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2020
$475,000
300 Railroad Realty Corp
Cfa Prop LLC
Warranty Deed
$275,000 · Cfa Prop LLC
Dec 23, 2014
$375,000
Cfa Property LLC
Drubner,howard
Warranty Deed
$100,000 · Howard Drubner
Jul 15, 1991
—
Howard Drubner
—
Deed Of Trust
related
$450,000 · American Bank Of Conneticut
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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