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Financial
Distress signals
Property profile

575 Union St Waterbury, CT 06706

FOR LEASE
Retail space
Property ID
US15-1045252
161,744 SF 11.45 ac lot Built 1997
Last sale Jul 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail development configured as an anchor box space totaling 124,993 square feet, with the layout offered in two levels and designed to be divisible. It also includes three pad sites for additional retail development, supporting up to 16,000 square feet. The site features ample surface parking and provides easy vehicular access, with direct exposure to Interstate 84. A 26,543-square-foot component is also included on the property.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$190k
Tax billed · 2023
Assessed value$3.51M
Assessed land$2.02M
Assessed improvement$1.49M
Effective rate5.42%

Value estimate

· Oct 2026
$5.15M
$4.64M – $5.67M
NOI build-up
Gross scheduled income$244k
Vacancy & credit loss−$21k
Operating expenses−$67k
NOI · 1,949,837.50% cap applied$156k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$81/SF
Submarket average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$45 – $118

Cap rate analysis

How does the asset earn?
1,949,837.50%
$156k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CA
The intent of this zone is to promote arterial commercial district uses
General categoryCOMMERCIAL
JurisdictionWATERBURY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency40.9
Building Supply28.8
Law Firm25.7

Location

575 Union St Waterbury, CT 06706
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
862 Hamilton, Waterbury, CT 06706-1904 $275,000 Aug 2024 2,684 SF
2148 Main, Waterbury, CT 06706-2639 $455,000 Mar 2024 7,252 SF
1999 Main, Waterbury, CT 06706-2029 $765,000 May 2023 9,869 SF
364 Ml, Waterbury, CT 06706 $118,000 Oct 2022 1,140 SF
525 Un, Waterbury, CT 06706-1246 $18,926,500 Apr 2022 126,114 SF
2095 Main, Waterbury, CT 06706-2029 $282,500 Dec 2021 7,920 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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