Entity Owned Property summary
AI-generated overview
The property is a mixed-use development in Downtown consisting of three contiguous parcels totaling 0.42 acres, with 26,948 square feet of gross leasable area. It includes two contiguous mixed-use buildings and a 31-car parking lot. The ground floor contains six commercial units, and the upper levels provide 21 residential apartments configured as three one-bedroom, sixteen two-bedroom, and two three-bedroom units. Residential finishes and systems include updates such as modernized flooring, fixtures, renovated kitchens and bathrooms in many units. Capital improvements include a newer flat rubber roof, replacement vinyl windows, and mostly newer high-efficiency gas boilers. Utilities are separately metered and billed to tenants, and the buildings include a building-wide fire prevention system for safety and compliance. The site has convenient access to I-84 and Route 8 and is located near Downtown amenities, the UCONN Waterbury campus, shopping and restaurants, and public transportation; walkability is reflected by a Walk Score of 84, with Transit Score of 57 and Bike Score of 35.
Property profile
Verified
Property type
Other investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
20,428 SF
Lot
0.18 ac (7,841 SF)
Zoning code
CBD
APN
WBRY M:0273 B:0020 L:0012
UPID
US15-0289352
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.80M
Blend (final)
Blend
$2.23M
Owner & transaction history
since 2023
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
CBD · Waterbury, CT
Zoning description
The intent of this zone is to promote central business district uses
General category
COMMERCIAL
Top alternative use upside
Restaurant
$3.0M
+170.7%
Apartment house (5+ units)
$2.0M
+82.6%
Auto repair, garage
$1.9M
+67.9%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.23M
Value range
$2.00M – $2.45M
±10% around blend
Estimated value / SF
$109 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$2.00M
blend $2.23M
$2.45M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
20,428 SF
Lot area
0.18 ac
Year built
1900
Stories
4
APN
WBRY M:0273 B:0020 L:0012
Zoning
CBD
Assessed value
$1,429,330
Annual tax
$77,455
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.80M
Range $391k – $1.80M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.23M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 33 sales
$54
+102%
Submarket 156 sales
$70
+56%
County 975 sales
$113
-3%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $109/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+171%
vs current-use indication
Apartment House (5+ Units)
Auto Repair, Garage
Office Building
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.75M
Move the market yield to see immediate price impact.
Value / SF
$86
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$110k
$2.21M
$1.57M
$1.23M
$123k
$2.45M
$1.75M
$1.36M
$135k
$2.70M
$1.92M
$1.50M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$77,455
Tax year 2023
Assessed value
$1,429,330
Assessed 2023
Previous assessed
$1,429,330
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$87,640
Assessed improvement
$1,341,690
Applied tax rate
312.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Buildings
1
Stories
4
Units
21
Total area
20,428 SF
Lot
0.18 ac (7,841 SF)
Zoning code
CBD
APN
WBRY M:0273 B:0020 L:0012
UPID
US15-0289352
Jurisdiction
WATERBURY
Zoning & alternative use
CBD · Waterbury, CTZoning CBD · permitted uses
CBD · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The intent of this zone is to promote central business district uses
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Heating
FORCED AIR
Stories
4
Buildings
1
Units
21
Lot
0.18 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
CBD
COMMERCIAL
Jurisdiction
Waterbury, CT
Recorded code
CBD
Official district
CBD
Official district profile
What the municipal code says about CBD
Zoning description
The intent of this zone is to promote central business district uses
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBD in Waterbury, CT.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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