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    Property profile & analytics

    495 Chamberlain Hwy Rt 71 Meriden, CT 06450

    • Commercial real estate
    • 6.10 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US15-1068039
    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

    • Men's Wearhouse / Wedding Store / Shoe Store
    • Amazon Locker - Calice / Shipping And Mailing Service
    • Testosterone Replacement Therapy Clinic / Health Counselor
    • Dollar Tree / Dollar Store / Craft Store
    • ALDI / Grocery Store / Supermarket

    Property Details for 495 Chamberlain Hwy Rt 71

    Lot size
    6.10 lot acres
    Zone code
    C-2
    Property type
    Commercial real estate
    APN
    MERI M:523 B:155A L:83A
    APU
    MERIM523B155AL83A

    Description

    Chamberlain Plaza, located at 495 Chamberlain Highway (Rt 71) in Meriden, Connecticut, presents a compelling retail investment opportunity. This multi-tenant commercial property boasts a total of 54,249 square feet, offering flexible space options ideal for a variety of businesses. Currently, there are 15,498 square feet of vacant space available, divisible into units ranging from a minimum of 5,142 square feet to a maximum contiguous space of 10,356 square feet. The property's strategic location in New Haven County, with easy access via Route 71, ensures high visibility and convenient access for customers. This prime retail space is perfect for businesses seeking a well-established location with ample room for growth and expansion. The property's size and layout provide significant flexibility for tenants seeking to customize their space to meet their specific operational needs. The address is 495 Chamberlain Highway (Rt 71), Meriden, CT 06450. This is a rare opportunity to secure a prominent retail presence in a thriving Connecticut market. Contact us today to learn more about leasing options and explore the possibilities for your business at Chamberlain Plaza.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Meriden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8118
    Latitude
    41.5522
    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
    2024
    $127,090
    $345,800
    $3,154,340
    $3,500,140
    -
    $0.00
    $0.00
    $0.00

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    Meriden, CT 06450
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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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