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Property profile

1320 Main St Meriden, CT 06450

OFF-MARKET
Showrooms
Property ID
US15-1055207
3,588 SF 1.33 ac lot Built 2004
Last sale Dec 2020 · $60,000
Individually Owned Owner of record is an individual. 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

This restaurant property was established and operated as a restaurant for more than 22 years and is situated on a 1.33-acre site. The building contains approximately 5,244 square feet and is configured for restaurant operations. The property is located in an area near a condo complex, shopping centers, and bus routes, providing neighborhood-level transit and retail proximity. The interior layout is suited for continuing the existing restaurant use or adapting the space to a different restaurant concept.

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$400k
Assessed land$262k
Assessed improvement$138k
Effective rate3.63%

Value estimate

· Nov 2026
$60k
$54k – $66k

Realmo valuation models over county records and 29 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 comparables29

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 agency13.6
Law Firm10.3
Parking Facility10.2

Location

1320 Main St Meriden, CT 06450-4865
County assessor Recorded deeds · 8 transfers 29 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
107 Main, Meriden, CT 06450-5981 $115,000 Mar 2025 4,302 SF
300 Main, Meriden, CT 06450-6160 $180,000 Feb 2025 3,917 SF
57 Broad, Meriden, CT 06450-6544 $500,000 Feb 2025 4,361 SF
1446 Main, Meriden, CT 06450 $700,000 Sep 2024 3,600 SF
131 Cp, Meriden, CT 06450 $525,000 Jul 2024 4,218 SF
234 Pratt, Meriden, CT 06450-4267 $435,000 Jul 2024 3,477 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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