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    Property profile & analytics

    841 Main St Watertown, CT 06779-1934

    • Investment properties
    • 3,682 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimation
    $480,000
    Last Sale
    Dec 19, 2024
    $470,000
    Location Intelligence
    Property ID
    US15-0439867
    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

    • Ro's Pizza Restaurant / Pizza Restaurant / Restaurant

    Property Details for 841 Main St

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.53 lot acres
    Property size
    3,682 SF
    Zone code
    BG
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    WTWN M:132 B:199 L:1
    APU
    WTWNM132B199L1

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $470,000

    • CAP approach

      CAP return
      Estimation
      6%
      $555,000
      6.5%
      $550,000
      7%
      $475,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $495,000
      Geo Method
      $470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $535,000
      Retail
      $445,000
      Mixed-Use
      $465,000
      Hospitality
      $535,000
      Educational
      $440,000
      Residential Income
      $570,000
      Energy
      $595,000
      Income-Based Land
      $595,000
      Food Service
      $530,000

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.0963
    Latitude
    41.59
    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
    $8,489
    $80,500
    $149,800
    $230,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $240,000
      2,363 SF

      93 Nn St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,363 SF
      93 Nn St, Watertown, CT 06779-2105
      View Details
    • Value Estimation
      $295,000
      3,300 SF

      52 Sunset Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,300 SF
      52 Sunset Ave, Watertown, CT 06779
      View Details
    • Value Estimation
      $330,000
      3,196 SF

      404 Buckingham St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,196 SF
      404 Buckingham St, Watertown, CT 06779
      View Details
    • Value Estimation
      $300,000
      0.28 Acres

      395 Davis St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.28 Acres
      395 Davis St, Watertown, CT 06779-2205
      View Details
    • Value Estimation
      $315,000
      0.73 Acres

      176 Davis St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.73 Acres
      176 Davis St, Watertown, CT 06779
      View Details
    • Value Estimation
      $275,000
      3,188 SF

      32 Fls Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3,188 SF
      32 Fls Ave, Watertown, CT 06779-1837
      View Details

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    Similar Nearby for Lease

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      Retail space available for rent on Main Street.
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    841 Main St
    Watertown, CT 06779-1934
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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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