Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    64 Avenue Of Industry Waterbury, CT 06705
    Property profile & analytics

    64 Avenue Of Industry, Waterbury, CT 06705

    View on Map
    • Manufacturing properties
    • 74,372 SF
    • 10.34 lot acres
    For Sale
    $8,545,000
    View Listing →
    Waterbury Industrial Property For Sale For Sale
    $8,545,000
    78,000 SF

    Waterbury Industrial Property For Sale

    78,000 SF industrial property in Waterbury, CT. Fully occupied.

    64 Avenue Of Industry, Waterbury, CT 6705
    View Listing
    Property ID
    US15-0753711
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • I-84 Waterbury / Transportation Infrastructure
    • HW Lochner / Engineering Consultant
    • sm global consulting / Business Management Consultant

    Property Details for 64 Avenue Of Industry

    Year built
    1966
    Lot size
    10.34 lot acres
    Zone code
    IP
    Property type
    Manufacturing properties
    APN
    WBRY M:0332 B:0154 L:0014
    APU
    WBRYM0332B0154L0014

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,378,000
      Market price range: $1.02M - $2.39M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9684
    Latitude
    41.5507
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $116,951
    $358,050
    $1,800,120
    $2,158,170
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $655,000
      27,644 SF

      66 Mattatuck Hts Rd

      MANUFACTURING (LIGHT)
      66 Mattatuck Hts Rd, Waterbury, CT 06705-3831
      View Details
    • Value Estimation by Request
      2,978 SF

      64 Diane Ter

      MANUFACTURING (LIGHT)
      64 Diane Ter, Waterbury, CT 06705-3523
      View Details
    • Value Estimation by Request
      23,370 SF

      556 Long Hl Rd

      MANUFACTURING (LIGHT)
      556 Long Hl Rd, Waterbury, CT 06705-1302
      View Details
    • Value Estimation
      $2,500,000
      177,077 SF

      151 Sharon Rd

      MANUFACTURING (LIGHT)
      151 Sharon Rd, Waterbury, CT 06705-4044
      View Details
    • Value Estimation by Request
      4,888 SF

      84 Mattatuck Hts Rd

      MANUFACTURING (LIGHT)
      84 Mattatuck Hts Rd, Waterbury, CT 06705-3831
      View Details
    • Value Estimation by Request
      17,029 SF

      77 Mattatuck Hts Rd

      MANUFACTURING (LIGHT)
      77 Mattatuck Hts Rd, Waterbury, CT 06705-3832
      View Details

    Similar Nearby for Sale

    • $1,100,000
      6,560 SF

      Versatile Commercial Space Near I-84

      Adaptable commercial property with industrial, retail, and unfinished spaces.
      649 Captain Neville Dr, Waterbury, CT 06705
      View Details
    • Contact for pricing
      20,000 SF

      20,000 SF High Bay Warehouse

      Freestanding warehouse/manufacturing facility on 3.5 acres.
      185 Interstate Ln, Waterbury, CT 06705
      View Details
    • Contact for pricing
      39,415 SF

      Waterbury Industrial and Office Space

      39,415 SF flex space in Waterbury, Connecticut.
      122 Avenue Of Industry, Waterbury, CT 06705
      View Details
    • $1,100,000

      Versatile Commercial Space Near I-84

      Adaptable commercial property with industrial, retail, and unfinished spaces.
      649 Captain Neville Dr, Waterbury, CT 06705
      View Details
    • Contact for pricing
      32,000 SF

      Waterbury Warehouse with Office Space

      31,000 SF warehouse with office, loading docks, and parking.
      150 Mattatuck Heights Rd, Waterbury, CT 06705
      View Details
    • Contact for pricing
      78,000 SF

      Waterbury Industrial Property For Sale

      78,000 SF industrial property in Waterbury, CT. Fully occupied.
      64 Avenue Of Industry, Waterbury, CT 06705
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      30,000 SF

      Waterbury Industrial Space For Lease

      30,000 SF industrial space in Waterbury's IP Zone.
      562 Captain Neville Dr, Waterbury, CT 06705
      View Details
    • Contact for pricing
      100,467 SF

      Waterbury Industrial Space For Lease

      100,467 SF industrial space with flexible options in Waterbury.
      400 Captain Neville Dr, Waterbury, CT 06705
      View Details
    • Contact for pricing

      Wolcott Commercial Space For Lease

      Mixed-use commercial space available for lease in Wolcott, CT.
      1215 Meriden Rd, Wolcott, CT 06705
      View Details
    • $1,250 /Mo

      East End Two Bedroom Apartment

      Two-bedroom apartment with parking and in-unit laundry hookups.
      1720 E Main St, Waterbury, CT 06705
      View Details
    • Contact for pricing
      661 SF

      Residential Unit with Private Entrance

      Two-bedroom unit with balcony, parking, and laundry hook-ups.
      31 Beecher Ave, Waterbury, CT 06705
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    64 Avenue Of Industry
    Waterbury, CT 06705
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    64 Avenue Of Industry, Waterbury, CT, 06705
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!