Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    55 Fulkerson Dr Waterbury, CT 06708-1415

    • Warehouses
    • 34,770 SF
    • 4.41 lot acres
    OFF-MARKET
    Last Sale
    Jun 28, 2021
    Value Estimations
    $830,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US15-1069444
    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

    • East Coast Container LLC / Waste Management Facility
    • Renewable Heat Products LLC / Big Box & Wholesale Store / Building Supply

    Property Details for 55 Fulkerson Dr

    Year built
    1963
    Lot size
    4.41 lot acres
    Property size
    34,770 SF
    Zone code
    IP
    Property type
    Warehouses
    APN
    WBRY M:0097 B:0863 L:0002
    APU
    WBRYM0097B0863L0002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $605,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,058,000
      Market price range: $1.06M - $2.77M
      AI Estimate
      $830,000
      Market price range: $660k - $2.69M

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0665
    Latitude
    41.5832
    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
    $33,722
    $151,480
    $470,820
    $622,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,970,000
      76,595 SF

      108 Railroad Hl St

      WAREHOUSE, STORAGE • 76,595 SF
      108 Railroad Hl St, Waterbury, CT 06708
      View Details
    • Value Estimation by Request
      11,210 SF

      75 Aurora St

      WAREHOUSE, STORAGE • 11,210 SF
      75 Aurora St, Waterbury, CT 06708-2022
      View Details
    • Value Estimation by Request
      8,754 SF

      579 Leonard St

      WAREHOUSE, STORAGE • 8,754 SF
      579 Leonard St, Waterbury, CT 06708-4316
      View Details
    • Value Estimation
      $1,230,000
      42,005 SF

      594 Leonard St

      WAREHOUSE, STORAGE • 42,005 SF
      594 Leonard St, Waterbury, CT 06708-4317
      View Details
    • Value Estimation by Request
      7,264 SF

      94 Edwin Ave

      WAREHOUSE, STORAGE • 7,264 SF
      94 Edwin Ave, Waterbury, CT 06708-2238
      View Details
    • Value Estimation
      $795,000
      19,090 SF

      51 Aurora St

      WAREHOUSE, STORAGE • 19,090 SF
      51 Aurora St, Waterbury, CT 06708-2022
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,800 SF

      Freestanding Industrial Facility For Lease

      9,800 SF industrial facility for lease near Route 8.
      184 Railroad Hill St, Waterbury, CT 06708
      View Details
    • Contact for pricing
      8,400 SF

      Freestanding Building Near Highways

      8,400 SF building on 0.75 acres, ideal for manufacturing.
      168 Railroad Hill St, Waterbury, CT 06708
      View Details
    • Contact for pricing
      22,000 SF

      Waterbury Flex/Industrial Space For Sale

      22,000 SF flex/industrial property available in Waterbury, CT.
      269 Brookside Rd, Waterbury, CT 06708
      View Details
    • $599,000
      10,000 SF

      West Main Street Executive Offices

      Prime Waterbury Office Building, 10,000 SF
      1068 Main St, Waterbury, CT 06708
      View Details
    • $679,000
      4,104 SF

      Waterbury Multifamily Investment Opportunity

      Fully occupied four-family property with an 8% CAP rate.
      62 Poplar St, Waterbury, CT 06708
      View Details
    • $389,900

      Multi-Family Home with Garages

      Multi-family home in Town Plot with detached garages.
      145 Seymour St, Waterbury, CT 06708
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      26,700 SF

      Waterbury Warehouse - 26,700 SF

      Spacious industrial warehouse, ideal for various uses.
      185 Huntingdon Ave, Waterbury, CT 06708
      View Details
    • Contact for pricing
      3,000 SF

      Waterbury Warehouse Unit For Rent

      3,000 SF warehouse unit with drive-in door near Route 8.
      99 Brookside Rd, Waterbury, CT 06708
      View Details
    • Contact for pricing
      20,010 SF

      Industrial Space in Round House

      20,010 SF warehouse/manufacturing space with dock and drive-in door.
      567-1 S Leonard St, Waterbury, CT 06708
      View Details
    • $5 SF/Yr
      90,000 SF

      Railroad Hill St. Industrial Space

      90,000 SF Manufacturing/Warehouse; 11,000 SF Available
      300 Railroad Hill St, Waterbury, CT 06708
      View Details
    • $10 SF/Yr
      42,500 SF

      Watertown Ave Retail/Industrial Space

      Prime 8,500 SF retail/industrial space available.
      1630 Watertown Ave, Waterbury, CT 06708
      View Details
    • Contact for pricing
      1 SF

      Waterbury Industrial Land for Lease

      Prime Connecticut Industrial Lot - 1 sq ft
      567 Leonard St, Waterbury, CT 06708
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    55 Fulkerson Dr
    Waterbury, CT 06708-1415
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!