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Property profile & analytics

509 Wolcott Rd Wolcott, CT 06716

  • Showrooms
  • 1,920 SF
  • 0.38 lot acres
Value Estimations
$270,000
Cap Rate Potential
9.5%
Showrooms
Location Intelligence
Property ID
US15-0151859
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

  • Veltri Nicholas DDS / Dentist

Property Details for 509 Wolcott Rd

Year built
1969
Construction
FRAME
Lot size
0.38 lot acres
Property size
1,920 SF
Zone code
GC
Property type
Showrooms
APN
WOLC M:114 B:2 L:130
APU
WOLCM114B2L130

Description

This 3,260 square foot medical office building in Wolcott, Connecticut, offers three available suites ideal for medical or professional practices. Located at 509 Wolcott Road, 06716, this property boasts excellent visibility from its corner location. The building sits on a 0.38-acre lot and features ample parking with 25 spaces. Two upper-level suites, each approximately 1,000 square feet, are available for $1,250 per month. Each includes a waiting room, reception area, four exam rooms, a doctor's office, lab space, and a restroom. A lower-level suite of approximately 1,260 square feet is also available for $1,050 per month. This suite offers a waiting room, reception area, five private offices, a restroom, and a large open area. All suites benefit from 8-foot ceilings. The minimum divisible space is 1,000 square feet, with a maximum contiguous space of 1,260 square feet. The property is zoned commercial. This is a fantastic opportunity for medical professionals seeking well-appointed, conveniently located office space. The entire building is currently vacant.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $245,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $390,000
    6.5%
    $360,000
    7%
    $335,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $231,000
    Market price range: $74.8k - $231k
    AI Estimate
    $224,000
    Market price range: $74.8k - $231k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $170,000
    Current use
    AUTO REPAIR, GARAGE
    $175,000
    Change: +4% Conversion: Difficult
    OFFICE BUILDING
    $155,000
    Change: -7% Conversion: Easy
    RETAIL STORES
    $155,000
    Change: -7% Conversion: Easy

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


Location Insight

  • Map
  • Local Demand
City
Wolcott
County
New Haven
State
Connecticut
Longitude
-72.9889
Latitude
41.5934
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
$6,022
$69,660
$119,300
$188,960
-
$0.00
$0.00
$0.00
More about this property
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