160 Robbins StWaterbury, CT 06708

  • Medical offices
  • 53,668 SF

Property Details for 160 Robbins St

Year built
1918
Lot size
5.14 AC
Property size (Sq ft)
53,668 SF
Zone code
CO
Property type
Medical offices
Property subtype
Medical centers
APN
WBRY M:0250 B:0052 L:0042
APU
WBRYM0250B0052L0042

Description

This exceptional 8,291 square foot medical office space is available for lease in Waterbury, Connecticut. Located at 160 Robbins Street, this single-tenant property sits within a larger 63,714 square foot, two-story medical surgery center directly across from Waterbury Hospital. Built in 1991, the building is zoned CO and offers convenient access for patients and staff. The space is situated on the main level and is divisible to accommodate various practice sizes. The building boasts ample parking, including both open surface and covered options, a significant advantage in an urban setting. This property is part of a multi-tenant building, currently housing a mix of private and hospital-affiliated medical practices, creating a collaborative and established medical environment. The space presents a unique opportunity for medical professionals seeking a well-located, functional, and readily accessible office space in a thriving medical community. Interested parties should inquire for lease rate information. The property features a total building size of 63,714 square feet, spread across two stories.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,872,923
    6.5%
    $8,190,391
    7%
    $7,605,363
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,012,261
    Geo Method
    $7,012,261
  • Alternative Use

    Use
    Valuation
    Residential
    $10,156,085
    Hospitality
    $9,302,919
    Educational
    $7,739,920
    Medical
    $8,006,107
    Retail
    $12,039,875

Location Insight

City
Waterbury
County
New Haven
State
Connecticut
Latitude
41.5583
Longitude
-73.0628
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
$483,464
$1,536,920
$7,384,720
$8,921,640
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-
-
-

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