Financial
Distress signals
Property profile

1295 Main St Meriden, CT 06450

OFF-MARKET
Showrooms
Property ID
US15-0801475
6,180 SF 1.24 ac lot Built 1980
Last sale Aug 2007 · $1
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1.23-acre land parcel in Meriden, Connecticut, presents a unique opportunity for developers. Situated at a hard corner intersection on East Main Street, this shovel-ready site boasts multiple curb cuts and readily available public utilities. Its strategic location offers unparalleled access to major transportation arteries, including CT Routes 91 and 66, and places it at the gateway to the Meriden Wallingford Business Park. The property's zoning allows for a diverse range of

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?
$36k
Tax billed · 2024
Assessed value$983k
Assessed land$250k
Assessed improvement$733k
Effective rate3.63%

Value estimate

· Sep 2026
$725k
$653k – $798k
Submarket $/SF estimate$760k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$80/SF
ZIP average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$42 – $123
Qualifying comparables15

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-3
Office District. § 213-22 R-H Residential Historic District. Article V Commercial Districts § 213-23 C-1 Central Commercial District. § 2...
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 agency17.4
Garden Center11.5
Storage Facility11.3

Location

1295 Main St Meriden, CT 06450-4899
County assessor Recorded deeds · 1 transfer 15 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
57 Broad, Meriden, CT 06450-6544 $500,000 Feb 2025 4,361 SF
74 Broad, Meriden, CT 06450-6545 $465,000 Aug 2024 6,828 SF
2055 Broad, Meriden, CT 06450-2466 $525,000 Jun 2024 6,124 SF
35 Pratt, Meriden, CT 06450-4241 $400,000 May 2024 8,159 SF
55 Main, Meriden, CT 06450 $100,000 May 2024 6,008 SF
540 Broad, Meriden, CT 06450-5625 $150,000 Mar 2024 5,565 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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