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Property profile & analytics
OFF-MARKET
Estimated value
$1,975,000
Apartment buildings
325 Main St Waterbury, CT 06702-2321
Individually Owned
1-yr Hold
Property ID
US15-1329798
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1938
Total area
13,552 SF
Lot
0.24 ac (10,454 SF)
Zoning code
CBD
APN
WBRY M:0295 B:0071 L:0070
UPID
US15-1329798
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
-
Isaac La Evolución (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.98M
CAP Approach
CAP
$2.12M
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.98M
Owner & transaction history
Klamke Trading Waterbury · 1 yrs held
Klamke Trading Waterbury
since 2024
Last sale
$2.0M
3 recorded transactions
Zoning & alternative use
CBD · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to promote central business district uses
Zone name
Central Business District
General category
COMMERCIAL
Zone area
300.66 ac
Source
Realmo
Top alternative use upside
Restaurant
$2.0M
+48.3%
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
$1,975,000
ML approach
$1,975,000
CAP Approach
CAP Return
Estimation
6%
$2,290,000
6.5%
$2,115,000
7%
$1,965,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,335,000
Current use
RESTAURANT
$1,980,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,230,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.98M
Range $1.78M – $2.17M · ±10% · vs last sale $1.98M (Sep 9 2024)
Last sale anchor
$1.98M
Sep 9 2024
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
$146 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$40,678
Tax year 2024
Assessed value
$822,780
Assessed 2024
Previous assessed
$822,780
+0.0% YoY
Effective rate
4.94%
On assessed value
Assessed land
$147,000
Assessed improvement
$675,780
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1938
Heating
HOT WATER
Buildings
1
Stories
4
Units
21
Total area
13,552 SF
Lot
0.24 ac (10,454 SF)
Zoning code
CBD
APN
WBRY M:0295 B:0071 L:0070
UPID
US15-1329798
Jurisdiction
WATERBURY
Zoning & alternative use
CBD · Waterbury, CTZoning CBD · permitted uses
CBD · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to promote central business district uses
Zone name
Central Business District
General category
COMMERCIAL
Zone area
300.66 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.3M
RESTAURANT
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
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
1938
Heating
HOT WATER
Stories
4
Buildings
1
Units
21
Lot
0.24 ac
Current owner
From public records · entity-resolved
Klamke Trading Waterbury
Individual
Mailing address
325 E MAIN ST, WATERBURY, CT 06702-2321
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Sep 9, 2024
$1,975,000
Klamke Trading Waterbury
325 East Main Street LLC
Warranty Deed
$1,365,000 · Td Bank NA
Jul 27, 2022
—
325 East Main Street LLC
—
Deed
related
$125,000 · Thomaston Savings Bank
Sep 2, 2015
$825,000
325 East Main Street L
Charles Baril
Warranty Deed
$562,500 · Thomaston Savings Bank
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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