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Property profile & analytics

141 Grove St Meriden, CT 06451

  • Industrial properties
  • 14,990 SF
  • 0.48 lot acres
Value Estimation
$475,000
Last Sale
Apr 11, 2024
$500,000
Location Intelligence
Property ID
US15-0379435
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • National Cabinet & Millwork Installation LLC / General Contractor

Property Details for 141 Grove St

Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.48 lot acres
Property size
14,990 SF
Zone code
R-2
Property type
Industrial properties
APN
MERI M:103 B:14 L:1-4
APU
MERIM103B14L14

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $500,000
  • CAP approach

    CAP return
    Estimation
    6%
    $435,000
    6.5%
    $410,000
    7%
    $370,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $350,000
    Geo Method
    $445,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $400,000
    Retail
    $435,000
    Mixed-Use
    $490,000
    Hospitality
    $430,000
    Educational
    $360,000
    Residential Income
    $360,000
    Energy
    $395,000
    Income-Based Land
    $370,000
    Food Service
    $410,000

Location Insight

  • Map
  • Local Demand
City
Meriden
County
New Haven
State
Connecticut
Longitude
-72.8041
Latitude
41.5407
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$14,554
$98,070
$279,860
$377,930
-
$0.00
$0.00
$0.00
More about this property
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