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    Property profile & analytics

    724 Straits Tpke Watertown, CT 06795-3319

    • Automotive properties
    • 12,432 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    $615,000
    Location Intelligence
    Property ID
    US15-0614439
    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

    • Watertown Mitsubishi / Mitsubishi Dealer / Car Dealer

    Property Details for 724 Straits Tpke

    Year built
    1989
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.92 lot acres
    Property size
    12,432 SF
    Zone code
    BSC
    Property type
    Automotive properties
    APN
    WTWN M:159 B:45 L:23
    APU
    WTWNM159B45L23

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.0998
    Latitude
    41.572
    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
    $28,736
    $238,600
    $541,000
    $779,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      26,210 SF

      674 Straits Tpke

      VEHICLE SALES, RENTALS • 26,210 SF
      674 Straits Tpke, Watertown, CT 06795-3321
      View Details
    • Value Estimation
      $400,000
      2,800 SF

      702 Straits Tpke

      VEHICLE SALES, RENTALS • 2,800 SF
      702 Straits Tpke, Watertown, CT 06795-3319
      View Details
    • Value Estimation
      $555,000
      11,474 SF

      79 Commercial St

      VEHICLE SALES, RENTALS • 11,474 SF
      79 Commercial St, Watertown, CT 06795-3308
      View Details
    • Value Estimation by Request
      11,780 SF

      715 Straits Tpke

      VEHICLE SALES, RENTALS • 11,780 SF
      715 Straits Tpke, Watertown, CT 06795-3318
      View Details
    • Value Estimation
      $490,000
      7,880 SF

      Di Nunzio Rd

      VEHICLE SALES, RENTALS • 7,880 SF
      Di Nunzio Rd, Watertown, CT 06795
      View Details
    • Value Estimation by Request
      26,488 SF

      600 Straits Tpke

      VEHICLE SALES, RENTALS • 26,488 SF
      600 Straits Tpke, Watertown, CT 06795-3321
      View Details

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    Property Visit Statistics

    • Visits by month
      24.5k
    • Visitors by month
      11.1k
    • Avg Time on site
      7 min
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    724 Straits Tpke
    Watertown, CT 06795-3319
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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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