Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,755,000
Industrial properties
560 Bank St Waterbury, CT 06708-3502
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US15-0100062
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2002
Total area
85,590 SF
Lot
1.31 ac (57,064 SF)
Zoning code
CA
APN
WBRY M:0344 B:0276 L:0121
UPID
US15-0100062
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
-
Self-Storage at U-Haul Storage Facility
-
Trailer Rental at U-Haul (Bike/Boat/Book/etc) Store Rental Equipment Company
-
U-Haul Moving & Storage of Downtown Waterbury Car Rental Facility
-
Truck Sales at U-Haul Car Dealership
-
Moving Supplies at U-Haul Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.81M
Blend (final)
Blend
$4.76M
Owner & transaction history
560 Bank Street Holdings · 9 yrs held
560 Bank Street Holdings
since 2016
7 recorded transactions
Zoning & alternative use
CA · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.8M
+125.8%
Office building
$7.0M
+102.8%
Retail stores
$6.9M
+101.9%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,440,000
Current use
AUTO REPAIR, GARAGE
$7,765,000
Change: +126% · Conversion: Easy
OFFICE BUILDING
$6,970,000
Change: +103% · Conversion: Difficult
RETAIL STORES
$6,940,000
Change: +102% · Conversion: Moderate
COMMERCIAL (GENERAL)
$5,600,000
Change: +63% · Conversion: Difficult
WAREHOUSE, STORAGE
$5,035,000
Change: +47% · Conversion: Easy
Blend value · Realmo final
$4.76M
Range $4.28M – $5.23M · ±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
$56 / 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
$318,072
Tax year 2023
Assessed value
$5,869,570
Assessed 2023
Previous assessed
$5,869,570
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$362,530
Assessed improvement
$5,507,040
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2002
Heating
CENTRAL
Cooling
YES
Buildings
1
Stories
3
Units
646
Total area
85,590 SF
Lot
1.31 ac (57,064 SF)
Zoning code
CA
APN
WBRY M:0344 B:0276 L:0121
UPID
US15-0100062
Jurisdiction
WATERBURY
Zoning & alternative use
CA · Waterbury, CT
Zoning CA · permitted uses
CA · 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
INDUSTRIAL (GENERAL) Current
Est. value
$3.4M
AUTO REPAIR, GARAGE
Est. value
$7.8M
OFFICE BUILDING
Est. value
$7.0M
RETAIL STORES
Est. value
$6.9M
COMMERCIAL (GENERAL)
Est. value
$5.6M
WAREHOUSE, STORAGE
Est. value
$5.0M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
2002
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
1
Units
646
Lot
1.31 ac
Current owner
From public records · entity-resolved
560 Bank Street Holdings
Entity
Mailing address
2727 N CENTRAL AVE, PHOENIX, AZ 85004-1120
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2021
—
Arec 43 LLC
—
Deed
related
$37,000,000 · Bank Of America NA
Jan 4, 2021
—
Arec 43 LLC
—
Deed
related
$37,000,000 · Bank Of America NA
Oct 21, 2016
—
560 Bank Street Holdings
Us Bank NA
Warranty Deed
—
Sep 3, 2014
$4,800,000
560 Waterbury LLC
560 Bank St Holdings LLC
Warranty Deed
—
Dec 24, 2013
—
Us Bank NA
Storage Ptnrs Waterbury
Foreclosure
related
—
Nov 15, 2006
$1
Storage Partners Wbry LLC
Storage America Bk St LLC
Warranty Deed
related
—
Oct 4, 2004
—
Storage America Bank St
—
Deed Of Trust
related
$4,087,500 · Webster Bank
Apr 28, 2001
$640,000
America Bk Storage
Mj Daly Assoc LP
Warranty Deed
related
$4,000,000 · Fleet National Bank
Mar 28, 2001
$640,000
Storage Amer Bk St LLC
Mj Daly Assoc LP
Warranty Deed
related
$4,000,000 · Fleet National 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 560 Bank St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
