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    Property profile & analytics

    40 Waterville Rd Avon, CT 06001-2042

    • Investment properties
    • 2,080 SF
    • 53.00 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US15-1054658
    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

    • Rotha Contracting Co / General Contractor

    Property Details for 40 Waterville Rd

    Year built
    1952
    Construction
    FRAME
    Lot size
    53.00 lot acres
    Property size
    2,080 SF
    Zone code
    CPA
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    AVON M:15 L:4500040
    APU
    AVONM15L4500040

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $365,000

    • CAP approach

      CAP return
      Estimation
      6%
      $295,000
      6.5%
      $265,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $295,000
      Retail
      $285,000
      Mixed-Use
      $265,000
      Hospitality
      $260,000
      Educational
      $295,000
      Residential Income
      $310,000
      Energy
      $285,000
      Income-Based Land
      $280,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Avon
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.818
    Latitude
    41.8025
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN 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
    $18,055
    $142,730
    $367,443
    $510,173
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      116.01 Acres

      160 Country Clb Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 116.01 Acres
      160 Country Clb Rd, Avon, CT 06001-2504
      View Details
    • Value Estimation
      $325,000
      1,326 SF

      182 Main St, Unit 186

      OFFICE/RESIDENTIAL (MIXED USE) • 1,326 SF
      182 Main St, Avon, CT 06001-3632
      View Details
    • Value Estimation
      $265,000
      1.39 Acres

      282 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1.39 Acres
      282 Main St, Avon, CT 06001-3639
      View Details
    • Value Estimation
      $310,000
      3,136 SF

      21 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,136 SF
      21 Main St, Avon, CT 06001-3717
      View Details
    • Value Estimation
      $335,000
      27.00 Acres

      279 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 27.00 Acres
      279 Main St, Avon, CT 06001-3606
      View Details
    • Value Estimation by Request
      234.01 Acres

      500 Old Farms Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 234.01 Acres
      500 Old Farms Rd, Avon, CT 06001-2716
      View Details

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    Similar Nearby for Lease

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      Prime Retail Location, High Visibility
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      View Details
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      4,577 SF retail end-cap space for rent.
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    • Contact for pricing
      2,000 SF

      Prestigious Office Space in Avon

      Prime office space in a vibrant, walkable mixed-use environment.
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      View Details
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      Avon Retail/Office Space Available

      Retail or office space for lease in Avon, Connecticut.
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    • Contact for pricing
      1,597 SF

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      View Details
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    40 Waterville Rd
    Avon, CT 06001-2042
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    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
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