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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Super regional malls
579 Wolcott St, Waterbury, CT 06705-1369
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US15-0508575
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1975
Total area
24,547 SF
Lot
1.58 ac (68,825 SF)
Zoning code
CA
APN
WBRY M:0259 B:0563 L:0010
UPID
US15-0508575
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
-
Rams Clothiers Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$892k
Blend (final)
Blend
$705k
Owner & transaction history
579 Wolcott Street LLC · 13 yrs held
579 Wolcott Street LLC
since 2012
7 recorded transactions
Zoning & alternative use
CA · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,050,000
Current use
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
$29 / 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
$77,710
Tax year 2023
Assessed value
$1,434,020
Assessed 2023
Previous assessed
$1,434,020
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$408,030
Assessed improvement
$1,025,990
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
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1975
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
24,547 SF
Lot
1.58 ac (68,825 SF)
Zoning code
CA
APN
WBRY M:0259 B:0563 L:0010
UPID
US15-0508575
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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1975
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
1.58 ac
Current owner
From public records · entity-resolved
579 Wolcott Street LLC
Entity
Mailing address
5 WARMINGHAM CT, CHESHIRE, CT 06410-1512
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2012
$1,150,000
579 Wolcott Street LLC
Fairway Terrace Corp
Warranty Deed
$1,035,000 · Naugatuck Savings Bank
Sep 26, 2012
—
579 Wolcott Street LLC
—
Deed Of Trust
related
$475,000 · Ct Comunity Inv
May 16, 2007
—
Fairway Terrace Corp
—
Deed Of Trust
related
$1,260,000 · Zions First National Bank
May 12, 2004
$3,000,000
Pomeroy Enterprises
579 Wolcott Street Assoc
Warranty Deed
$1,300,000 · Peoples Bank
Jul 8, 1998
—
579 Wolctt St Assc LLC
—
Deed Of Trust
related
$1,400,000 · Zuckerman Family Nomi
Apr 29, 1996
$860,000
579 Wolcott St. Assoc
Lj Development INC
Warranty Deed
$645,000 · Fleet National Bank
Nov 23, 1992
$1,747,000
Gull Harbor Realty Grp
581 Wolcott St Assoc
Warranty Deed
—
Aug 1, 1988
—
581 Wolcott Assoc
—
Deed Of Trust
related
$1,750,000 · Bank Of Boston Ct
May 18, 1988
—
581 Wolcott St. Assoc
—
Deed Of Trust
related
$100,000 · Bank Of Boston Ct
Apr 7, 1987
$500,000
581 Wolcott St. Assoc
Rompre,arthur
Grant Deed
$400,000 · Connecticut 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.
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