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Property profile & analytics
OFF-MARKET
Estimated value
$7,145,000
Hotels
63 Grand St Waterbury, CT 06702-2229
Individually Owned
4-yr Hold
Free & Clear
Property ID
US15-0325409
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1990
Total area
167,266 SF
Lot
1.85 ac (80,586 SF)
Zoning code
CBD
APN
WBRY M:0294 B:0274 L:0603
UPID
US15-0325409
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
-
Courtyard Waterbury Downtown Hotel & Motel
-
Barn on Grand Hotel & Motel Resort
-
Iglesia Cristo para todas las Naciones Church
-
ATM Atm
-
Bistro Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.15M
Owner & transaction history
Moody Cy Waterbury Dst · 4 yrs held
Moody Cy Waterbury Dst
since 2022
5 recorded transactions
Zoning & alternative use
CBD · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$11,750,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,220,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$8,670,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$7.15M
Range $6.43M – $7.86M · ±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
$43 / 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
$804,771
Tax year 2023
Assessed value
$14,850,920
Assessed 2023
Previous assessed
$14,850,920
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$1,023,820
Assessed improvement
$13,827,100
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1990
Heating
HEAT PUMP
Buildings
1
Stories
11
Units
199
Total area
167,266 SF
Lot
1.85 ac (80,586 SF)
Zoning code
CBD
APN
WBRY M:0294 B:0274 L:0603
UPID
US15-0325409
Jurisdiction
WATERBURY
Zoning & alternative use
CBD · Waterbury, CT
Zoning CBD · permitted uses
CBD · 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
MEDICAL BUILDING
Est. value
$11.8M
COMMERCIAL (GENERAL)
Est. value
$9.2M
OFFICE BUILDING
Est. value
$8.7M
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1990
Heating
HEAT PUMP
Stories
11
Buildings
1
Units
199
Lot
1.85 ac
Current owner
From public records · entity-resolved
Moody Cy Waterbury Dst
Individual
Free & Clear · 4 yrs held
Mailing address
9655 KATY FWY STE #600, HOUSTON, TX 77024-1385
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2022
—
Moody Cy Waterbury Dst
Moody Natl Cy Waterbury
Warranty Deed
—
Sep 7, 2007
$17,500,000
Moody Natl Cy Wbry S LLC
2 Hotel LP
Warranty Deed
$16,400,000 · Worth Funding INC
Aug 21, 2007
$1
Waterbury City Of
2 Hotel LP
Warranty Deed
related
—
Jun 23, 1995
$4,350,000
Oakdale State College
Buckingham Dev
Grant Deed
$3,734,014 · Marriott Internatl
Jun 23, 1995
—
Oakdale State College
—
Deed Of Trust
related
$5,185,000 · Zuckerman Family Nomi
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
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