Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    83 Prospect St Waterbury, CT 06702-1326

    • Office buildings
    • 19,032 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    $645,000
    Last Sale
    Sep 27, 2024
    $625,000
    Location Intelligence
    Property ID
    US15-0846701
    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

    • Health360 / Mental Health Service / Volunteer Organization
    • FOR RIGHT NOW CORPORATION / Non-Profit Organization
    • United Labor Agency / Non-Profit Organization
    • Waterbury Youth Services, Inc. / Non-Profit Organization / Youth Organization

    Property Details for 83 Prospect St

    Year built
    1966
    Lot size
    0.51 lot acres
    Property size
    19,032 SF
    Zone code
    RO
    Property type
    Office buildings
    APN
    WBRY M:0254 B:0003 L:0074
    APU
    WBRYM0254B0003L0074

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $625,000

    • CAP approach

      CAP return
      Estimation
      6%
      $665,000
      6.5%
      $655,000
      7%
      $625,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $710,000
      Geo Method
      $695,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $695,000
      Retail
      $575,000
      Mixed-Use
      $755,000
      Hospitality
      $650,000
      Educational
      $620,000
      Residential Income
      $735,000
      Energy
      $750,000
      Income-Based Land
      $770,000
      Food Service
      $605,000

    Location Insight

    • Map
    • Local Demand
    City
    Waterbury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0411
    Latitude
    41.5592
    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
    2024
    $61,976
    $94,780
    $1,158,780
    $1,253,560
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      71,000 SF

      249 Thomaston Ave

      OFFICE BUILDING • 71,000 SF
      249 Thomaston Ave, Waterbury, CT 06702-1036
      View Details
    • Value Estimation
      $225,000
      1,920 SF

      32 Linden St

      OFFICE BUILDING • 1,920 SF
      32 Linden St, Waterbury, CT 06702-1301
      View Details
    • Value Estimation
      $315,000
      3,665 SF

      63 Central Ave

      OFFICE BUILDING • 3,665 SF
      63 Central Ave, Waterbury, CT 06702-1202
      View Details
    • Value Estimation
      $225,000
      4,200 SF

      71 Fld St

      OFFICE BUILDING • 4,200 SF
      71 Fld St, Waterbury, CT 06702
      View Details
    • Value Estimation by Request
      29,594 SF

      47 Leavenworth St

      OFFICE BUILDING • 29,594 SF
      47 Leavenworth St, Waterbury, CT 06702
      View Details
    • Value Estimation
      $210,000
      1,823 SF

      171 Main St

      OFFICE BUILDING • 1,823 SF
      171 Main St, Waterbury, CT 06702-1405
      View Details

    Similar Nearby for Sale

    • $49,000
      3,637 SF

      Waterbury Executive Office Suite

      Prime CBD Location, $49K
      207 Bank St, Waterbury, CT 06702
      View Details
    • $125,000
      880 SF

      Versatile Downtown Commercial Space

      Bright, open commercial space in high-traffic downtown area.
      207 Bank St, Waterbury, CT 06702
      View Details
    • $195,000
      1,009 SF

      Prime Waterbury Executive Office Space

      Historic building, flexible layout, great location.
      207 Bank St, Waterbury, CT 06702
      View Details
    • $49,000
      1,118 SF

      Bank Street Executive Office Suite

      1,118 sq ft Executive Office in Waterbury, CT
      207 Bank St, Waterbury, CT 06702
      View Details
    • $269,000
      3,637 SF

      Prime Waterbury Executive Office Space

      3,637 SF Office, $269,000 Asking
      207 Bank St, Waterbury, CT 06702
      View Details
    • $79,000
      1,009 SF

      Waterbury Executive Office Suite

      1,009 SF Office, $79K Asking
      207 Bank St, Waterbury, CT 06702
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      20,858 SF

      Waterbury Executive Office Space

      Modern Office Suites Available Now
      228 Meadow St, Waterbury, CT 06702
      View Details
    • $12 SF/Yr
      3,637 SF

      Waterbury Executive Office Suite

      1,118 SF Office, Ready to Customize
      207 Bank St, Waterbury, CT 06702
      View Details
    • $800 /Mo
      20,657 SF

      Basement Level Vanilla Box Space

      Versatile 800 sqft basement space suitable for office or storage.
      137 West Main St, Waterbury, CT 06702
      View Details
    • $12 SF/Yr

      Prime Commercial Space Available

      Commercial spaces for lease, suitable for medical, flex, office, retail.
      167 Thomaston Ave, Waterbury, CT 06702
      View Details
    • $12 SF/Yr
      4,711 SF

      Waterbury Executive Office Suites

      Prime Waterbury Office Space Available
      207 Bank St, Waterbury, CT 06702
      View Details
    • $12 SF/Yr
      2,589 SF

      Executive Office Suite, Waterbury, CT

      Prime 1,009 SF Office, Waterbury CBD
      207 Bank St, Waterbury, CT 06702
      View Details
    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.
    83 Prospect St
    Waterbury, CT 06702-1326
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.