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    Property profile & analytics

    550 Wolcott St Waterbury, CT 06705-1340

    • Office buildings
    • 5,734 SF
    • 0.66 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US15-0650093
    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

    • International Brotherhood of Electrical Workers / Labor Union

    Property Details for 550 Wolcott St

    Year built
    1987
    Lot size
    0.66 lot acres
    Property size
    5,734 SF
    Zone code
    CA
    Property type
    Office buildings
    APN
    WBRY M:0279 B:0570 L:0017
    APU
    WBRYM0279B0570L0017

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $285,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $310,000
      Geo Method
      $325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $270,000
      Mixed-Use
      $325,000
      Hospitality
      $315,000
      Educational
      $260,000
      Residential Income
      $300,000
      Energy
      $260,000
      Income-Based Land
      $250,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0126
    Latitude
    41.557
    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
    $17,142
    $138,390
    $177,940
    $316,330
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $190,000
      2,009 SF

      452 Meriden Rd

      OFFICE BUILDING • 2,009 SF
      452 Meriden Rd, Waterbury, CT 06705-2201
      View Details
    • Value Estimation
      $325,000
      7,150 SF

      2977 Main St

      OFFICE BUILDING • 7,150 SF
      2977 Main St, Waterbury, CT 06705
      View Details
    • Value Estimation
      $405,000
      2,747 SF

      454 Wolcott St

      OFFICE BUILDING • 2,747 SF
      454 Wolcott St, Waterbury, CT 06705-1239
      View Details
    • Value Estimation
      $645,000
      7,582 SF

      2247 Main St

      OFFICE BUILDING • 7,582 SF
      2247 Main St, Waterbury, CT 06705-2604
      View Details
    • Value Estimation
      $325,000
      2,284 SF

      447 Wolcott St

      OFFICE BUILDING • 2,284 SF
      447 Wolcott St, Waterbury, CT 06705-1237
      View Details
    • Value Estimation
      $130,000
      1,648 SF

      1730 Main St

      OFFICE BUILDING • 1,648 SF
      1730 Main St, Waterbury, CT 06705-1001
      View Details

    Similar Nearby for Sale

    • $1,300,000

      6,560 SF Brick Building

      6,560 SF brick building in meticulous condition for sale.
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    • Contact for pricing
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      8.47 Acres

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      Prime Retail Center - Vacant, 8.47 Acres
      2457 Main St, Waterbury, CT 06705
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    • $2,800,000
      3.73 Acres

      Waterbury Commercial Land - $2.8M

      Prime 3.73-acre retail site in Waterbury, CT.
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    • Contact for pricing
      7.50 Acres

      Prime Waterbury Commercial Land

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    Similar Nearby for Lease

    • Contact for pricing
      3,000 SF

      Executive Office Suite, Waterbury, CT

      Prime Waterbury Office Space - 1,000 sq ft.
      625 Wolcott St, Waterbury, CT 06705
      View Details
    • $9 SF/Yr
      44,062 SF

      Sunbeam Plaza: Waterbury Office Space

      Prime Wolcott Office Suites Available
      2457 Main St, Waterbury, CT 06705
      View Details
    • $2,500 /Mo
      1,100 SF

      Professional Office Space Available

      1,100 SF professional office space suitable for medical or professional uses.
      571 Wolcott St, Waterbury, CT 06705
      View Details
    • $5 SF/Yr
      12,596 SF

      Turnkey Creative Office Space

      Waterbury, CT: 12,596 SF, 100+ Parking
      101 Pierpont Rd, Waterbury, CT 06705
      View Details
    • $5,701 /Mo
      5,560 SF

      Professional Office Space for Lease

      5,560 SF professional office space, ideal for medical use.
      525 Wolcott St, Waterbury, CT 06705
      View Details
    • $14 SF/Yr
      4,337 SF

      Retail/Office/Flex Space Available

      New retail, office, or flex space with highway access.
      1215-1261 Meriden Rd, Wolcott, CT 06705
      View Details

    Property Visit Statistics

    • Visits by month
      2.3k
    • Visitors by month
      2.0k
    • Avg Time on site
      27 min
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    550 Wolcott St
    Waterbury, CT 06705-1340
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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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