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Property profile & analytics
OFF-MARKET
Estimated value
$2,655,000
Office buildings
50 Brookside Rd Waterbury, CT 06708-1402
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US15-1002243
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Total area
16,904 SF
Lot
3.94 ac (171,626 SF)
Zoning code
IP
APN
WBRY M:0128 B:0777 L:0004
UPID
US15-1002243
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
-
Connecticut Counseling Centers, Inc. Medical Clinic
-
Elizabeth Morales, BSW Doctor Counselor
-
Lucke Melinda D Counselor
-
Kelly Carter, MA Counselor
-
Enas Mohammad Marriage Or Relationship Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.59M
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$2.66M
Owner & transaction history
Ccc Real Estate INC · 9 yrs held
Ccc Real Estate INC
since 2016
3 recorded transactions
Zoning & alternative use
IP · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.5M
+79.5%
Apartment house (5+ units)
$1.7M
+21.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,880,000
6.5%
$3,585,000
7%
$3,325,000
Alternative Use
Use
Estimation
RESTAURANT
$2,470,000
Change: +80% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,665,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$2.66M
Range $2.39M – $2.92M · ±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
$157 / 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
$74,307
Tax year 2023
Assessed value
$1,371,230
Assessed 2023
Previous assessed
$1,371,230
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$220,570
Assessed improvement
$1,150,660
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
16,904 SF
Lot
3.94 ac (171,626 SF)
Zoning code
IP
APN
WBRY M:0128 B:0777 L:0004
UPID
US15-1002243
Jurisdiction
WATERBURY
Zoning & alternative use
IP · Waterbury, CT
Zoning IP · permitted uses
IP · 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
RESTAURANT
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1971
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
3.94 ac
Current owner
From public records · entity-resolved
Ccc Real Estate INC
Entity
Mailing address
60 BEAVER BRK RD, DANBURY, CT 06810-6239
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2026
—
Ccc Real Estate INC
—
Deed
related
$250,000 · Thomaston Savings Bank
Aug 5, 2016
—
Ccc Real Estate INC
Hartford Healthcare Ho
Warranty Deed
$950,000 · Thomaston Savings Bank
Feb 16, 1999
—
Nurse Home Visitng
—
Deed Of Trust
related
$10,700,000 · Webster 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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