Financial
Distress signals
Property profile

464 Colony St Meriden, CT 06451

FOR LEASE
Showrooms
Property ID
US15-0173617
4,012 SF 0.14 ac lot Built 1923
Last sale Jul 2025 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 464 Colony St, Meriden, Connecticut is a commercial building built in 1923. It has an interior layout that supports multiple commercial uses, including dining, entertainment, and private events. The location has a Walk Score of 83 (Very Walkable), a Transit Score of 47 (Some Transit), and a Bike Score of 28 (Somewhat Bikeable).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$231k
Assessed land$70k
Assessed improvement$161k
Effective rate3.85%

Value estimate

· Sep 2026
$260k
$234k – $286k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$61/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$39 – $96
Qualifying comparables20

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-1
The intent of C-1 district shall be to provide for and encourage a variety of retail businesses, business and professional offices, servi...
General categoryCOMMERCIAL
JurisdictionMERIDEN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.3
Electrical Service11.0
Garden Center9.8

Location

464 Colony St Meriden, CT 06451
County assessor Recorded deeds · 6 transfers 20 qualifying comp sales Zoning catalog

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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1076 Hanover, Meriden, CT 06451-5243 $410,000 Dec 2025 5,247 SF
237 Main, Meriden, CT 06451-4000 $549,000 Dec 2024 4,050 SF
29 Cooper, Meriden, CT 06451 $470,000 Nov 2024 3,952 SF
163 Springdale, Meriden, CT 06451-2980 $135,000 May 2024 2,678 SF
288 Cook, Meriden, CT 06451-5530 $135,000 Apr 2024 3,349 SF
273 Main, Meriden, CT 06451-4031 $200,000 Jan 2024 3,915 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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