Property summary
This exceptional 45,140 square foot brick mill building presents a unique redevelopment opportunity in the heart of Putnam, Connecticut. Situated on a 2.01-acre lot, this property boasts prime downtown location, offering easy access to the Putnam River Trail, Airline Trail, Cargill Falls, and Rotary Park. The surrounding area features a vibrant mix of local amenities including restaurants, boutiques, a mini-golf course, and an ice cream shop, creating a desirable environment for future… residents or tenants. Currently zoned Industrial, this versatile property offers significant potential for adaptive reuse, particularly for residential conversion. The building's historic character provides a strong foundation for a project that blends modern design with historical preservation. Prospective developers will need to conduct thorough environmental site assessments (Phase I and Phase II) to determine the extent of any necessary remediation. This is a chance to contribute to the revitalization of downtown Putnam and create a thriving community hub. The property's size and location make it an ideal candidate for a large-scale residential or mixed-use development project. The substantial square footage allows for a variety of design options, catering to diverse needs and preferences. This is a rare opportunity to acquire a significant piece of Putnam's history and shape its future. The property's proximity to recreational areas and local businesses adds to its appeal and potential for success.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 12,136 SF
- Lot area
- 2.01 ac
- Year built
- 1847
- Stories
- 4
- APN
- PUTN M:015 L:140 U:000
- Assessed value · 2023
- $205,900
- Annual tax · 2023
- $6,546
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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