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Financial
Distress signals
Property profile

141 Grove St Meriden, CT 06451

FOR LEASE
Industrial properties
Property ID
US15-0379435
14,990 SF 0.48 ac lot Built 1957
Last sale Apr 2024 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 14,990-square-foot industrial warehouse in Meriden, CT, is perfect for various uses. The single-tenant building boasts 13,215 square feet of warehouse space, complemented by 1,275 square feet of office space and a 1,275-square-foot basement. Three loading docks (two 12x10, one 7x12 drive-in) ensure efficient loading and unloading. The 14.5-foot ceilings provide ample vertical space, while the 3-phase 400-amp power supply caters to substantial energy demands. The well-appointed office…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$15k
Tax billed · 2024
Assessed value$378k
Assessed land$98k
Assessed improvement$280k
Effective rate3.85%

Value estimate

· Oct 2026
$500k
$450k – $550k
AI approach$500k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$71/SF
County average, outlier-cleaned · 216 recorded sales of this use type
Observed band · Q1–Q3$43 – $103
Qualifying comparables8

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?
R-2
The purpose of R-2 district shall be to provide areas for several types of housing in a medium-density environment with access to a range...
General categoryRESIDENTIAL
JurisdictionMERIDEN

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.7
Dry Cleaner9.5
Acupuncture9.0

Location

141 Grove St Meriden, CT 06451
County assessor Recorded deeds · 9 transfers 8 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

5 recorded sales · 11 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
187 Gracey, Meriden, CT 06451-2213 $209,000 Sep 2023 4,700 SF
46 Gracey, Meriden, CT 06451-2249 $249,500 Feb 2023 No data
20 Powers, Meriden, CT 06451-5556 $800,000 Nov 2022 No data
100 Gracey, Meriden, CT 06451 $2,300,000 Jun 2019 10,752 SF
70 Gracey, Meriden, CT 06451-2203 $2,300,000 Jun 2019 29,900 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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