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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Office buildings
32 Main St Waterbury, CT 06702-1403
Entity Owned
9-yr Hold
Free & Clear
Property ID
US15-0226299
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Total area
4,422 SF
Lot
0.05 ac (2,178 SF)
Zoning code
CBD
APN
WBRY M:0274 B:0014 L:0047
UPID
US15-0226299
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$551k
Blend (final)
Blend
$530k
Owner & transaction history
Perkins Kids LLC · 9 yrs held
Perkins Kids LLC
since 2017
7 recorded transactions
Zoning & alternative use
CBD · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$400,000
+11.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$360,000
Current use
AUTO REPAIR, GARAGE
$400,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$360,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$530k
Range $477k – $583k · ±10%
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
$120 / 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
$16,330
Tax year 2023
Assessed value
$301,350
Assessed 2023
Previous assessed
$301,350
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$27,650
Assessed improvement
$273,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
4,422 SF
Lot
0.05 ac (2,178 SF)
Zoning code
CBD
APN
WBRY M:0274 B:0014 L:0047
UPID
US15-0226299
Jurisdiction
WATERBURY
Zoning & alternative use
CBD · Waterbury, CT
Zoning CBD · permitted uses
CBD · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$360,000
AUTO REPAIR, GARAGE
Est. value
$400,000
RETAIL STORES
Est. value
$360,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
Perkins Kids LLC
Entity
Free & Clear · 9 yrs held
Mailing address
30 LUCY ST, WOODBRIDGE, CT 06525-2214
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2017
$50,000
Perkins Kids LLC
Goldman Sachs Mortgage Co
Warranty Deed
—
Apr 17, 2008
—
Waterbury Inatl Hldgs Ltd
—
Deed Of Trust
related
$115,000 · El Shamou Enterprises
Aug 27, 2007
$625,000
Waterbury Intl Hldgs L
El Sharnouby Ent LLC
Warranty Deed
$473,438 · Equity One INC
Feb 22, 2006
—
El-sharnouby Ent
—
Deed Of Trust
related
$106,000 · John Degrand
Aug 12, 2004
—
Rashad El Sharnouby
—
Deed Of Trust
related
$306,000 · Equity One INC
Mar 5, 2004
$50,000
Hm Buyer Statewide
Damiani,rudolph A 3rd
Warranty Deed
—
Jun 22, 1998
$50,000
El Sharnouby Ent
Calo,rocco R SR
Warranty Deed
$15,000 · Zenon Grzybowski
Oct 25, 1996
$25,000
Rocco R Calo SR.
Chamber Of Commerce
Warranty Deed
—
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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