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Financial
Distress signals
Property profile

129 Church St Middletown, CT 06457

OFF-MARKET
Other investment properties
Property ID
US15-0087570
3,091 SF 0.14 ac lot Built 1900
Last sale Apr 2018 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 129 Church Street in downtown Middletown, Connecticut, the property is a 1,200-square-foot restaurant space. It is situated within approximately 0.5 miles of Wesleyan University and Middlesex Hospital and has frontage on Church Street with access to street parking, providing street-level visibility. The restaurant had been operated as Iguanas Ranas for approximately 13 years and is configured with restaurant equipment and fixtures that are included as part of the business-related inventory and setup.

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 · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$236k
Assessed land$126k
Assessed improvement$111k
Effective rate3.51%

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$290k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$110/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$77 – $155
Qualifying comparables19

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?
DVD
§2.8 DVD- Downtown Village District Zone. 1. Description. The purpose of this code is to protect the distinctive character, landscape, an...
General categoryCOMMERCIAL
JurisdictionMIDDLETOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic9.6
Pawn Shop9.4
Catering Service9.1

Location

129 Church St Middletown, CT 06457-3625
County assessor Recorded deeds · 3 transfers 19 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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
71 Main, Middletown, CT 06457-3850 $210,000 Dec 2025 3,110 SF
326 Main, Middletown, CT 06457-4282 $380,000 Jun 2025 3,246 SF
455 Main, Middletown, CT 06457-4506 $330,000 May 2024 2,730 SF
21 Saybrook, Middletown, CT 06457-4701 $160,500 Aug 2023 2,795 SF
616 Long Hl, Middletown, CT 06457-4943 $840,000 Feb 2023 3,487 SF
574 Main, Middletown, CT 06457-2824 $372,500 Nov 2022 3,000 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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