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Property profile & analytics
FOR LEASE
Investment properties
5 Hill St B D Waterbury, CT 06704
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US15-0155229
For Lease
1 / 6
$1,450/Mo
5 Hill St,Unit B D, Waterbury, CT 06704
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1909
Total area
9,684 SF
Lot
0.12 ac (5,227 SF)
Zoning code
RM
APN
WBRY M:0237 B:0171 L:0003
UPID
US15-0155229
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
-
Hernandez Grocery Grocery & Convenience Store Food Market
-
Coqui's Grocery & Deli Grocery & Convenience Store Food Market
-
JC Mini Market Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$597k
Blend (final)
Blend
$580k
Owner & transaction history
Bh Investments Ct LLC · 2 yrs held
Bh Investments Ct LLC
since 2023
Last sale
$525,000
7 recorded transactions
Zoning & alternative use
RM · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$955,000
+41.6%
Auto repair, garage
$880,000
+30.2%
Office building
$790,000
+17.0%
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 Waterbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterbury 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
$670,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$675,000
Current use
APARTMENT HOUSE (5+ UNITS)
$955,000
Change: +42% · Conversion: Moderate
AUTO REPAIR, GARAGE
$880,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$790,000
Change: +17% · Conversion: Easy
RETAIL STORES
$785,000
Change: +16% · Conversion: Easy
WAREHOUSE, STORAGE
$570,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $525k (Oct 10 2023)
Last sale anchor
$525k
Oct 10 2023
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
$60 / 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
$20,059
Tax year 2023
Assessed value
$370,160
Assessed 2023
Previous assessed
$370,160
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$41,160
Assessed improvement
$329,000
Applied tax rate
312.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1909
Heating
FORCED AIR
Buildings
1
Stories
4
Units
6
Total area
9,684 SF
Lot
0.12 ac (5,227 SF)
Zoning code
RM
APN
WBRY M:0237 B:0171 L:0003
UPID
US15-0155229
Jurisdiction
WATERBURY
Zoning & alternative use
RM · Waterbury, CT
Zoning RM · permitted uses
RM · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$675,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$955,000
AUTO REPAIR, GARAGE
Est. value
$880,000
OFFICE BUILDING
Est. value
$790,000
RETAIL STORES
Est. value
$785,000
WAREHOUSE, STORAGE
Est. value
$570,000
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1909
Heating
FORCED AIR
Stories
4
Buildings
1
Units
6
Lot
0.12 ac
Current owner
From public records · entity-resolved
Bh Investments Ct LLC
Entity
Mailing address
5 HL ST, WATERBURY, CT 06704-3450
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2024
—
Bh Investments Ct LLC
—
Deed
related
$637,500 · Rflf 7 LLC
Oct 10, 2023
$525,000
Bh Investments Ct LLC
Hill St LLC
Warranty Deed
$500,000 · Rflf 4 LLC
Oct 10, 2023
—
Hill St LLC
Abraham Bochner
Quit Claim Deed
related
—
Nov 25, 2019
—
Rivah Bochner
—
Deed
related
$50,000 · Webster Bank
Nov 21, 2014
$190,000
Abraham Bochner
Venancio Realty LLC
Warranty Deed
$142,500 · Webster Bank
Nov 15, 2012
$200,000
Venancio Realty LLC
5 Hill Street LLC
Warranty Deed
$150,000 · Webster Bank
Apr 5, 2011
$140,000
David Diaz
Bayview Loan Svcs LLC
Warranty Deed
—
Apr 5, 2011
—
5 Hill Street LLC
—
Deed Of Trust
related
$120,000 · Waterbury Housing Fund
Apr 5, 2011
$1
5 Hill Street LLC
Diaz,david
Grant Deed
related
—
Feb 10, 2011
—
Bayview Loan Svcng LLC
Wildwood Dev LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
May 6, 2009
—
Wild Wood Dev LLC
—
Deed Of Trust
related
$500,000 · D Daddona
Feb 29, 2008
—
Wildwood Dev LLC
—
Deed Of Trust
related
$296,000 · Interbay Funding LLC
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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