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    525 Chamberlain Hwy Meriden, CT 06451

    For Sale
    $3,500,000

    23-acre development site with high visibility and easy highway access.

    Lot size:
    23.00 Acres

    Property Features for 525 Chamberlain Hwy

    General Information

    Lot size
    23.00 Acres

    Source: Coldwell Banker Commercial NRT Agent James McCall

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    23-Acre Development Site For Sale

    This 23-acre development site is located at 525 Kensington Avenue in Meriden, Connecticut. Situated at a signalized corner directly across from the Meriden Mall, the property offers high visibility. The location provides 1,780 feet of frontage on Route 71 and easy access to I-691. An adjacent 9.61-acre parcel is also part of the sale.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Meriden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8118021
    Latitude
    41.5560985

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    FAQs

    What type of property is this?
    Land - 23-acre development site with high visibility and easy highway access.
    Where is this land located?
    The property is located at 525 Chamberlain Hwy Meriden, CT.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - High-visibility location on a 23-acre development site.; - Located at a signalized corner directly across from the Meriden Mall.; - Adjacent 9.61-acre parcel included in the sale.
    (203) 376-9650
    Request Owner's contact information
    525 Chamberlain Hwy Meriden, CT 06451
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    Meriden, CT 06451
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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
    525 Chamberlain Hwy Meriden, CT 06451
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