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    Property profile & analytics

    771 Lakewood Rd Waterbury, CT 06704

    • Retail properties
    • 28,772 SF
    • 2.28 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US15-0581162
    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

    • LifeCare Menopause Specialist Clinic / Medical Clinic
    • Ocean State Job Lot / Discount Store / Clothing Store
    • DWNSHFTco Detail Garage / Car Detailing Service
    • Shoreline Motorsports / Car Dealer

    Property Details for 771 Lakewood Rd

    Year built
    1989
    Lot size
    2.28 lot acres
    Property size
    28,772 SF
    Zone code
    CA
    Property type
    Retail properties
    APN
    WBRY M:0186 B:0831 L:0112
    APU
    WBRYM0186B0831L0112

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0072
    Latitude
    41.5717
    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
    $74,872
    $223,720
    $1,157,940
    $1,381,660
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,736 SF

      37 Chase Ave

      Office Properties & Spaces • 1,736 SF
      37 Chase Ave, Waterbury, CT 06704
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    • Value Estimation
      $55,000
      1,167 SF

      181 Long Hl Rd

      DEPARTMENT STORE • 1,167 SF
      181 Long Hl Rd, Waterbury, CT 06704-3715
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    • Value Estimation
      $190,000
      2,700 SF

      260 Hl St

      DEPARTMENT STORE • 2,700 SF
      260 Hl St, Waterbury, CT 06704
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    • Value Estimation
      $210,000
      1,624 SF

      2406 Main St

      DEPARTMENT STORE • 1,624 SF
      2406 Main St, Waterbury, CT 06704-2045
      View Details
    • Value Estimation
      $260,000
      3,264 SF

      284 Colonial Ave

      DEPARTMENT STORE • 3,264 SF
      284 Colonial Ave, Waterbury, CT 06704-1308
      View Details
    • Value Estimation
      $240,000
      1,536 SF

      103 Colonial Ave

      DEPARTMENT STORE • 1,536 SF
      103 Colonial Ave, Waterbury, CT 06704-1411
      View Details

    Similar Nearby for Sale

    • $4,412,000

      Retail Property in Waterbury

      Retail property available for sale in Waterbury, Connecticut.
      491 Lakewood Rd, Waterbury, CT 06704
      View Details
    • $1,295,000
      2,550 SF

      Retail Property on Chase Avenue

      Retail property available for sale in Waterbury, Connecticut.
      440 Chase Ave, Waterbury, CT 06704
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    • $1,500,000
      7,920 SF

      Retail Property on Chase Avenue

      Retail property available for sale in Waterbury, Connecticut.
      464 Chase Ave, Waterbury, CT 06704
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    • $65,000
      1,300 SF

      Turnkey Restaurant Opportunity

      Breakfast/lunch restaurant for sale, renovated in August 2023.
      1622 Thomaston Ave, Waterbury, CT 06704
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    • $229,900

      Mixed-Use Property For Sale

      Mixed-use property with restaurant and event space in high-traffic area.
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    • $279,900

      Mixed-Use 3-Family Property

      Mixed-use 3-family property with storefront and garage.
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    Similar Nearby for Lease

    • $12 SF/Yr
      5,460 SF

      Waterbury Medical Office For Lease

      Prime Medical Office Space - 5,460 SF
      496 Chase Ave, Waterbury, CT 06704
      View Details
    • $5,000 /Mo
      1,736 SF

      Retail Property with Auto Features

      Retail property equipped for automotive sales and service.
      37-39 Chase Ave, Waterbury, CT 06704
      View Details
    • $34 SF/Yr
      3,093 SF

      Former Bank Space with Drive-Through

      3,093 SF former bank space available for lease.
      992 Cooke St, Waterbury, CT 06704
      View Details
    • Contact for pricing
      34,340 SF

      Retail Building with Service Garage

      Retail building with service garage and high traffic volume.
      771 Lakewood Rd, Waterbury, CT 06704
      View Details
    • Contact for pricing
      4,100 SF

      Retail Space Near Route 8

      Retail locations for lease with easy highway access.
      218-252 Chase Ave, Waterbury, CT 06704
      View Details
    • $1,800 /Mo

      Adaptable Commercial Building For Rent

      Versatile space suitable for retail, office, studio, or events.
      31 Hill St, Waterbury, CT 06704
      View Details

    Property Visit Statistics

    • Visits by month
      14.2k
    • Visitors by month
      11.9k
    • Avg Time on site
      26 min
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    771 Lakewood Rd
    Waterbury, CT 06704
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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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