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Property profile & analytics
OFF-MARKET
Industrial properties

141 Grv St Meriden, CT 06451-3114

14,990 SF 0.48 ac lot Built 1957
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US15-0379435
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 area includes a conference room, ideal for administrative tasks and meetings. The property also features brand new energy-efficient LED lighting, bathrooms, a small kitchenette, and 12 parking spaces. Heating is provided by oil, with partial central air conditioning. The owner is willing to assist with tenant improvements. This exceptional property offers 286 feet of frontage on Grove Street and an additional 125 feet on Washington Street, providing excellent visibility and accessibility. Its strategic location offers a 2-minute drive to I-691, and within a 10-minute drive to I-84 and I-91, ensuring seamless transportation of goods. The property's address is 141 Grove St, Meriden, CT 06451.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1957
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,990 SF
Lot 0.48 ac (20,909 SF)
Zoning code R-2
APN MERI M:103 B:14 L:1-4
UPID US15-0379435
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • National Cabinet & Millwork Installation LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Grove Rlty LLC · 2 yrs held
Grove Rlty LLC
since 2024
Last sale
$500,000
7 recorded transactions
2024
$500,000
2016
$3,000
2013
Price N/A
2006
$315,000
2004
Price N/A
2004
Price N/A
2004
$200,000
Zoning & alternative use
R-2 · Meriden, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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