Technical
Financial
Distress signals
Property profile

575 Thomaston Ave Waterbury, CT 06702

OFF-MARKET
Parking lots & garages
Property ID
US15-0982585
4,182 SF 1.17 ac lot Built 1976
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 4,300 square foot commercial property, located at 575 Thomaston Avenue in Waterbury, Connecticut, presents a unique investment opportunity. Situated on a generous 1.17-acre lot, this building is currently configured as an auto repair/body shop facility and is being offered for sale in its as-is condition. The property boasts 3-phase power and a fully fenced parking area, providing ample secure storage for vehicles, trucks, and equipment. The existing warm air furnace was installed by the tenant and its conveyance is subject to separate agreement. This prime location falls within the Commercial Arterial (C.A.) Zone, offering a wide range of permitted uses. These include, but are not limited to, retail sales, restaurants, personal and business repair services, entertainment venues, recreational facilities, social gathering spaces, automotive and marine trades, medical and general office spaces, daycare centers, religious institutions, kennels, veterinary services, wholesale trade, and limited vehicle service facilities. Additional uses may be available through special permits

Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1976
Total area 4,182 SF
Lot 1.17 ac (50,965 SF)
Zoning code CA
APN WBRY M:0178 B:0024 L:0003
UPID US15-0982585

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

575 Thomaston Ave Waterbury, CT 06702-1026
Waterbury metro Census 352300 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2026
Last sale
$340,000
4 recorded transactions
2026
$340,000
1998
$40,000
1991
Price N/A
1987
$5,500

Zoning & alternative use

CA · Waterbury, CT
Zoning description

The intent of this zone is to promote arterial commercial district uses

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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