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    Property profile & analytics

    450 New Litchfield St Torrington, CT 06790-6245

    • Office buildings
    • 6,140 SF
    • 0.95 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Location Intelligence
    Property ID
    US15-0361060
    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

    • Burlington Construction Co / Construction Company

    Property Details for 450 New Litchfield St

    Year built
    1962
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.95 lot acres
    Property size
    6,140 SF
    Zone code
    LB
    Property type
    Office buildings
    APN
    TORR M:112 B:005 L:002
    APU
    TORRM112B005L002

    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%
      $445,000
      6.5%
      $505,000
      7%
      $495,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $460,000
      Geo Method
      $550,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $365,000
      Retail
      $470,000
      Mixed-Use
      $450,000
      Hospitality
      $415,000
      Educational
      $390,000
      Residential Income
      $380,000
      Energy
      $365,000
      Income-Based Land
      $490,000
      Food Service
      $485,000

    Location Insight

    • Map
    • Local Demand
    City
    Torrington
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.1292
    Latitude
    41.79
    CBSA code
    45860
    CBSA name
    TORRINGTON, CT MICROPOLITAN 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
    $21,275
    $78,000
    $365,590
    $443,590
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $500,000
      7,238 SF

      257 Main St

      OFFICE BUILDING • 7,238 SF
      257 Main St, Torrington, CT 06790-5206
      View Details
    • Value Estimation
      $50,000
      1,592 SF

      1016 Migeon Ave

      OFFICE BUILDING • 1,592 SF
      1016 Migeon Ave, Torrington, CT 06790-4527
      View Details
    • Value Estimation
      $1,025,000
      4,862 SF

      360 Technology Park Dr

      OFFICE BUILDING • 4,862 SF
      360 Technology Park Dr, Torrington, CT 06790-8607
      View Details
    • Value Estimation
      $260,000
      3,695 SF

      100 Main St

      OFFICE BUILDING • 3,695 SF
      100 Main St, Torrington, CT 06790-5429
      View Details
    • Value Estimation
      $330,000
      1,536 SF

      1183 Main St

      OFFICE BUILDING • 1,536 SF
      1183 Main St, Torrington, CT 06790-3963
      View Details
    • Value Estimation
      $250,000
      1,713 SF

      97 Wall St

      OFFICE BUILDING • 1,713 SF
      97 Wall St, Torrington, CT 06790-5417
      View Details

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      Meticulously Maintained Medical/Office Building

      Two-story brick building near hospital with apartment and parking.
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      Medical Office Investment Opportunity

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    Similar Nearby for Lease

    • $1,200 /Mo
      600 SF

      Downtown Torrington Office Space Available

      Downtown Torrington office space for professional use, private parking.
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      View Details
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      Recently renovated commercial space with new features for rent.
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      Prime CT Office/Retail/Industrial Space Available
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    • $2,000 /Mo
      3,600 SF

      Downtown Office Space Available

      Appointed office space in downtown district, can be subdivided.
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      View Details
    • $1,300 /Mo
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      Renovated Retail/Office Space For Rent

      Newly renovated retail or office space with high visibility.
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      View Details
    • $750 /Mo
      504 SF

      Downtown Torrington Commercial Space Available

      Versatile commercial space in downtown Torrington, ideal for various uses.
      82 Water St, Torrington, CT 06790
      View Details
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    450 New Litchfield St
    Torrington, CT 06790-6245
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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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