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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Retail properties & Spaces
990 Huntingdon Ave Waterbury, CT 06704-1403
Entity Owned
Absentee Owner
Free & Clear
Property ID
US15-0207644
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1985
Total area
5,603 SF
Lot
14.38 ac (626,393 SF)
Zoning code
IG
APN
WBRY M:0100 B:0024 L:0271
UPID
US15-0207644
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Ultra Waterbury LLC Gas Station
-
Citgo Gas Station
-
La Famiglia Food Market Restaurant
-
Valley Auto Body Inc Auto Repair Shop
-
Byte Federal Bitcoin ATM (Valley Truck Stop) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$730k
Comparable Approach
Comparable
$659k
Blend (final)
Blend
$670k
Owner & transaction history
JON MAR LLC
JON MAR LLC
Zoning & alternative use
IG · Waterbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this zone is to promote general industrial district uses
Zone name
General Industrial District
General category
INDUSTRIAL
Zone area
590.15 ac
Source
Realmo
Top alternative use upside
Restaurant
$820,000
+80.3%
Apartment house (5+ units)
$555,000
+21.6%
Auto repair, garage
$510,000
+11.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Waterbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$790,000
6.5%
$730,000
7%
$675,000
Alternative Use
Use
Estimation
RETAIL STORES
$455,000
Current use
RESTAURANT
$820,000
Change: +80% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$555,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$510,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$455,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$670k
Range $603k – $737k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$120 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$44,131
Tax year 2023
Assessed value
$814,380
Assessed 2023
Previous assessed
$814,380
+0.0% YoY
Effective rate
5.42%
On assessed value
Assessed land
$345,450
Assessed improvement
$468,930
Applied tax rate
312.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1985
Heating
SPACE
Buildings
1
Stories
1
Total area
5,603 SF
Lot
14.38 ac (626,393 SF)
Zoning code
IG
APN
WBRY M:0100 B:0024 L:0271
UPID
US15-0207644
Jurisdiction
WATERBURY
Zoning & alternative use
IG · Waterbury, CTZoning IG · permitted uses
IG · Waterbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this zone is to promote general industrial district uses
Zone name
General Industrial District
General category
INDUSTRIAL
Zone area
590.15 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$455,000
RESTAURANT
Est. value
$820,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$555,000
AUTO REPAIR, GARAGE
Est. value
$510,000
OFFICE BUILDING
Est. value
$455,000
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
SPACE
Stories
1
Buildings
1
Lot
14.38 ac
Current owner
From public records · entity-resolved
JON MAR LLC
Entity
Free & Clear · 0 yrs held
Mailing address
293 SHEFFIELD ST, WATERBURY, CT 06704-1010
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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