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    Property profile & analytics

    7 Holley St Lakeville, CT 06039

    • Showrooms
    • 10,184 SF
    • 0.93 lot acres
    OFF-MARKET
    Value Estimation
    $520,000
    Last Sale
    Apr 30, 2025
    $590,000
    Location Intelligence
    Property ID
    US15-1198054
    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.

    Current Use by Public Records

    • Showrooms

    Property Details for 7 Holley St

    Year built
    1870
    Construction
    CONCRETE
    Lot size
    0.93 lot acres
    Property size
    10,184 SF
    Property type
    Showrooms
    APN
    SALI M:45 B:04
    APU
    SALIM45B04

    Description

    This exceptional commercial property at 7 Holley Street, Salisbury, Connecticut, offers 10,814 square feet of versatile space situated on a 0.93-acre lot. Located in the Northwest Hills county, with a 06039 zip code, this property boasts high ceilings, expansive windows, and a wide-open floor plan, making it ideal for a variety of uses. Envisioning industrial, distribution, office, retail, or even residential development? This property's adaptability is a key advantage. Its location adjacent to a public park provides a desirable setting, appealing to both local residents and tourists. The building is well-maintained and presents an excellent value considering its size and prime location in the active Lakeville area. The asking price is $799,000. This presents a unique opportunity to acquire a substantial property in a thriving Connecticut community. The property's convenient access to local amenities and tourist attractions further enhances its investment potential. Don't miss this chance to own a piece of Lakeville's vibrant commercial landscape.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $445,000

    • CAP approach

      CAP return
      Estimation
      6%
      $655,000
      6.5%
      $575,000
      7%
      $640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $590,000
      Geo Method
      $655,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $600,000
      Retail
      $560,000
      Mixed-Use
      $735,000
      Hospitality
      $740,000
      Educational
      $680,000
      Residential Income
      $655,000
      Energy
      $730,000
      Income-Based Land
      $630,000
      Food Service
      $605,000

    Location Insight

    • Map
    • Local Demand
    City
    Lakeville
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.4421
    Latitude
    41.9635
    CBSA code
    45860
    CBSA name
    TORRINGTON, CT MICROPOLITAN 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
    $5,843
    $214,100
    $317,100
    $531,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
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      204 Interlaken Rd

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      204 Interlaken Rd, Lakeville, CT 06039-2131
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    • Value Estimation
      $630,000
      5,567 SF

      13th Porter St

      SHOW ROOM, WAREHOUSE • 5,567 SF
      13th Porter St, Lakeville, CT 06039-1214
      View Details
    • Value Estimation
      $210,000
      2,640 SF

      2 Farnum Rd

      SHOW ROOM, WAREHOUSE • 2,640 SF
      2 Farnum Rd, Lakeville, CT 06039-2535
      View Details
    • Value Estimation
      $255,000
      2,944 SF

      318 Main St

      SHOW ROOM, WAREHOUSE • 2,944 SF
      318 Main St, Lakeville, CT 06039-1206
      View Details
    • Value Estimation
      $315,000
      2,819 SF

      322 Main St

      SHOW ROOM, WAREHOUSE • 2,819 SF
      322 Main St, Lakeville, CT 06039-1206
      View Details

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    Request Owner's contact information
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    7 Holley St
    Lakeville, CT 06039
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    Realmo Value Estimation

    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.

    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.

    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
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