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Financial
Distress signals
Property profile

1579 Straits Tpke Ste 1a Middlebury, CT 06762

OFF-MARKET
Commercial real estate
Property ID
US15-0429145
15,491 SF Built 1978
Last sale Sep 2004 · $1,858,920
Individually Owned Owner of record is an individual. 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A office space, part of the prestigious Turnpike Office Park, offers 2,001 square feet of move-in ready executive office space. Located in New Haven County, this property boasts a prime location within a larger 105,000 square foot building, formerly the Timex World Headquarters. Built in 2017, the three-story building features ample parking with 425 spaces available. The suite itself is part of a multi-tenant building, offering a professional and collaborative…

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?
$44k
Tax billed · 2023
Assessed value$1.36M
Assessed improvement$1.36M
Effective rate3.23%

Value estimate

· Oct 2026
$2.68M
$2.41M – $2.95M
AI approach$2.80M
CAP approach$2.90M
Submarket $/SF estimate$1.94M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$70/SF
Submarket average, outlier-cleaned · 156 recorded sales of this use type
Observed band · Q1–Q3$34 – $112
Qualifying comparables9

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMIDDLEBURY

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 agency17.1
Building Supply14.7
Hair Salon13.2

Location

1579 Straits Tpke Ste 1a Middlebury, CT 06762-1835
County assessor Recorded deeds · 4 transfers 9 qualifying comp sales Zoning catalog · not on file

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21 Sandy Bch, Middlebury, CT 06762-1322 $300,000 Jul 2025 No data
1625 Straits, Middlebury, CT 06762-1836 $375,000 Jan 2024 No data
750 Straits, Middlebury, CT 06762-2833 $3,400,000 Aug 2023 No data
6 Woodside, Middlebury, CT 06762-2822 $226,000 Mar 2020 6,414 SF
1100 Southford, Middlebury, CT 06762-3211 $1,575,000 Nov 2018 16,558 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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