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    Property profile & analytics

    493 Leonard St Waterbury, CT 06708-4315

    • Manufacturing properties
    • 6,088 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Location Intelligence
    Property ID
    US15-0464555
    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

    • Durco / Machine Shop
    • J & S Allstars Autobody/Mechanic LLC / Mechanic / Auto Body Shop
    • Man / Concrete Contractor

    Property Details for 493 Leonard St

    Year built
    1968
    Lot size
    0.27 lot acres
    Property size
    6,088 SF
    Zone code
    IG
    Property type
    Manufacturing properties
    APN
    WBRY M:0481 B:0322 L:0002
    APU
    WBRYM0481B0322L0002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $440,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $340,000
      Geo Method
      $415,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $370,000
      Retail
      $430,000
      Mixed-Use
      $440,000
      Hospitality
      $380,000
      Educational
      $345,000
      Residential Income
      $355,000
      Energy
      $420,000
      Income-Based Land
      $415,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0432
    Latitude
    41.5321
    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
    $10,580
    $36,050
    $159,180
    $195,230
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      83,506 SF

      237 Aurora St

      MANUFACTURING (LIGHT) • 83,506 SF
      237 Aurora St, Waterbury, CT 06708-2044
      View Details
    • Value Estimation
      $200,000
      4,815 SF

      289 Congress Ave

      MANUFACTURING (LIGHT) • 4,815 SF
      289 Congress Ave, Waterbury, CT 06708-3782
      View Details
    • Value Estimation
      $420,000
      8,268 SF

      327 Huntingdon Ave

      MANUFACTURING (LIGHT) • 8,268 SF
      327 Huntingdon Ave, Waterbury, CT 06708-1413
      View Details
    • Value Estimation
      $605,000
      33,280 SF

      567 Leonard St

      MANUFACTURING (LIGHT) • 33,280 SF
      567 Leonard St, Waterbury, CT 06708-4300
      View Details
    • Value Estimation
      $490,000
      15,504 SF

      225 Leonard St

      MANUFACTURING (LIGHT) • 15,504 SF
      225 Leonard St, Waterbury, CT 06708-4247
      View Details
    • Value Estimation
      $685,000
      38,551 SF

      114 Porter St

      MANUFACTURING (LIGHT) • 38,551 SF
      114 Porter St, Waterbury, CT 06708-3819
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Prime 8,500 SF retail/industrial space available.
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    • $5 SF/Yr
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    • $6 SF/Yr
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      Industrial Space in Round House

      20,010 SF warehouse/manufacturing space with dock and drive-in door.
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    • $6 SF/Yr
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      Waterbury Warehouse - 26,700 SF

      Spacious industrial warehouse, ideal for various uses.
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    • $14 SF/Yr
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      Waterbury Warehouse Unit For Rent

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      View Details
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    493 Leonard St
    Waterbury, CT 06708-4315
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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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