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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Retail space
49 Waterbury Rd, Prospect, CT 06712-1218
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US15-0665055
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1954
Construction
FRAME
Total area
5,648 SF
Lot
1.09 ac (47,480 SF)
Zoning code
B
APN
PROS M:109 B:160 L:49
UPID
US15-0665055
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
-
Brunch House Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$735k
Comparable Approach
Comparable
$545k
Blend (final)
Blend
$535k
Owner & transaction history
Tcs Plaza LLC · 15 yrs held
Tcs Plaza LLC
since 2011
7 recorded transactions
Zoning & alternative use
B · Prospect, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$825,000
+80.3%
Apartment house (5+ units)
$555,000
+21.6%
Auto repair, garage
$510,000
+11.8%
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 Prospect submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Prospect 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$795,000
6.5%
$735,000
7%
$680,000
Alternative Use
Use
Estimation
RETAIL STORES
$460,000
Current use
RESTAURANT
$825,000
Change: +80% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$555,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$510,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$460,000
Change: +0% · Conversion: Easy
COMMERCIAL (GENERAL)
$395,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$535k
Range $482k – $589k · ±10%
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
$95 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$14,017
Tax year 2023
Assessed value
$439,140
Assessed 2023
Previous assessed
$439,140
+0.0% YoY
Effective rate
3.19%
On assessed value
Assessed land
$88,460
Assessed improvement
$350,680
Applied tax rate
340.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1954
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
4
Bathrooms
2
Total area
5,648 SF
Lot
1.09 ac (47,480 SF)
Zoning code
B
APN
PROS M:109 B:160 L:49
UPID
US15-0665055
Jurisdiction
PROSPECT
Zoning & alternative use
B · Prospect, CT
Zoning B · permitted uses
B · Prospect, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Prospect. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$460,000
RESTAURANT
Est. value
$825,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$555,000
AUTO REPAIR, GARAGE
Est. value
$510,000
OFFICE BUILDING
Est. value
$460,000
COMMERCIAL (GENERAL)
Est. value
$395,000
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1954
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
4
Bathrooms
2
Lot
1.09 ac
Current owner
From public records · entity-resolved
Tcs Plaza LLC
Entity
Mailing address
29 SMT RD, PROSPECT, CT 06712-1442
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2018
—
Tcs Plaza LLC
—
Deed
related
$530,000 · Northwest Community Cu
Feb 7, 2011
$1
Tcs Plaza LLC
Santos,thomas
Grant Deed
related
—
Aug 29, 2008
—
Thomas Santos
—
Deed Of Trust
related
$455,000 · Naugatuck Savings Bank
Oct 17, 2005
—
Thomas Santos
—
Deed Of Trust
related
$80,000 · Naugatuck Savings Bank
Oct 30, 2002
—
Thomas Santos
—
Deed Of Trust
related
$360,000 · Naugatuck Savings Bank
Aug 23, 1993
—
Thomas Santos
—
Deed Of Trust
related
$410,000 · Bank Of Waterbury
Apr 4, 1988
—
Thomas Santos
—
Deed Of Trust
related
$44,000 · North American Bank & Trust
Sep 3, 1987
—
Thomas Santos
—
Deed Of Trust
related
$38,000 · North American Bank & Trust
May 4, 1987
—
Thomas Santos
—
Deed Of Trust
related
$38,000 · American Bank & Trust
—
—
Tcs Plaza LLC
—
Deed Of Trust
related
$414,000 · Ion 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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