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    Property profile & analytics

    47 Eagle St Waterbury, CT 06708-4302

    • Industrial properties
    • 29.92 lot acres
    OFF-MARKET
    Value Estimations
    $385,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US15-0322883
    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

    • Eversource / Electric Utility Company

    Property Details for 47 Eagle St

    Lot size
    29.92 lot acres
    Zone code
    IG
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    WBRY M:0438 B:0322 L:0008
    APU
    WBRYM0438B0322L0008

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $385,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0389
    Latitude
    41.5332
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, 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
    $2,497,695
    $2,990,820
    $43,100,610
    $46,091,430
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $285,000
      6,000 SF

      735 Huntingdon Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 6,000 SF
      735 Huntingdon Ave, Waterbury, CT 06708-1414
      View Details
    • Value Estimation
      $325,000
      6,348 SF

      350 Congress Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 6,348 SF
      350 Congress Ave, Waterbury, CT 06708-3761
      View Details
    • Value Estimation
      $335,000
      6,904 SF

      20 Railroad Hl St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 6,904 SF
      20 Railroad Hl St, Waterbury, CT 06708-4320
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    • Value Estimation
      $325,000
      13.16 Acres

      563 Leonard St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 13.16 Acres
      563 Leonard St, Waterbury, CT 06708-4316
      View Details
    • Value Estimation
      $780,000
      51,060 SF

      78 Brookside Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 51,060 SF
      78 Brookside Rd, Waterbury, CT 06708-1402
      View Details
    • Value Estimation
      $290,000
      4,582 SF

      348 Huntingdon Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 4,582 SF
      348 Huntingdon Ave, Waterbury, CT 06708-1430
      View Details

    Similar Nearby for Sale

    • $469,900

      Mixed-Use Property in Waterbury

      Fully rented mixed-use property with residential and commercial spaces.
      318 Congress Ave, Waterbury, CT 06708
      View Details
    • $350,000
      1.27 Acres

      Waterbury Commercial Land - 1.27 Acres

      Prime 1.27-acre commercial lot, ideal for mixed-use development.
      0 Park Rd, Waterbury, CT 06708
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    • $695,000
      8,400 SF

      Freestanding Building Near Highways

      8,400 SF building on 0.75 acres, ideal for manufacturing.
      168 Railroad Hill St, Waterbury, CT 06708
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    • $975,000
      22,000 SF

      Waterbury Flex/Industrial Space For Sale

      22,000 SF flex/industrial property available in Waterbury, CT.
      269 Brookside Rd, Waterbury, CT 06708
      View Details
    • $1,100,000
      5,200 SF

      Waterbury Shopping Center - Prime Location

      High-Occupancy Retail/Office Center in CT
      485 Watertown Ave, Waterbury, CT 06708
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    • $6,995,000
      26,040 SF

      Retail Plaza Prime Location

      69,104 SF retail plaza with 26,040 SF available.
      425 Bank St, Waterbury, CT 06708
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    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Waterbury Industrial Land for Lease

      Prime Connecticut Industrial Lot - 1 sq ft
      567 Leonard St, Waterbury, CT 06708
      View Details
    • $6 SF/Yr
      26,700 SF

      Waterbury Warehouse - 26,700 SF

      Spacious industrial warehouse, ideal for various uses.
      185 Huntingdon Ave, Waterbury, CT 06708
      View Details
    • $14 SF/Yr
      3,000 SF

      Waterbury Warehouse Unit For Rent

      3,000 SF warehouse unit with drive-in door near Route 8.
      99 Brookside Rd, Waterbury, CT 06708
      View Details
    • $10 SF/Yr
      42,500 SF

      Watertown Ave Retail/Industrial Space

      Prime 8,500 SF retail/industrial space available.
      1630 Watertown Ave, Waterbury, CT 06708
      View Details
    • $549,000
      9,800 SF

      Freestanding Industrial Facility For Lease

      9,800 SF industrial facility for lease near Route 8.
      184 Railroad Hill St, Waterbury, CT 06708
      View Details
    • $5 SF/Yr
      90,000 SF

      Railroad Hill St. Industrial Space

      90,000 SF Manufacturing/Warehouse; 11,000 SF Available
      300 Railroad Hill St, Waterbury, CT 06708
      View Details
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    47 Eagle St
    Waterbury, CT 06708-4302
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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