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    Property profile & analytics

    1579 Straits Tpke Ste 2a Middlebury, CT 06762-1835

    • Office Properties & Spaces
    • 3,307 SF
    OFF-MARKET
    Value Estimation
    $2,690,000
    Last Sale
    Mar 30, 2022
    $2,835,000
    Location Intelligence
    Property ID
    US15-0525272
    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

    • Dr. James T Prado / Chiropractor / Alternative Medicine Practitioner
    • Edmond Daniells, DC / Chiropractor
    • Ct Center-Advanced Vein Therapy / Medical Clinic / Doctor
    • Pain & Spine Specialists of CT / Doctor / Pain Control Clinic
    • Score Physical Therapy LLC / Physical Therapist / Fitness Center

    Property Details for 1579 Straits Tpke Ste 2a

    Year built
    1978
    Property size
    3,307 SF
    Property type
    Office Properties & Spaces
    APN
    MIDD M:4-08 L:427-TP2A1000
    APU
    MIDDM408L427TP2A1000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,680,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,560,000
      6.5%
      $2,750,000
      7%
      $2,840,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,565,000
      Geo Method
      $2,860,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,690,000
      Retail
      $3,045,000
      Mixed-Use
      $2,680,000
      Hospitality
      $3,255,000
      Educational
      $2,430,000
      Residential Income
      $2,515,000
      Energy
      $2,400,000
      Income-Based Land
      $2,680,000
      Food Service
      $2,720,000

    Location Insight

    • Map
    • Local Demand
    City
    Middlebury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0919
    Latitude
    41.5521
    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
    2023
    $9,659
    $0.00
    $299,400
    $299,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      703 SF

      1579 Straits Tpkeaf

      CONDOMINIUM OFFICES • 703 SF
      1579 Straits Tpkeaf, Middlebury, CT 06762-1841
      View Details
    • Value Estimation
      $325,000
      3,250 SF

      1579 Straits Tpke2e

      CONDOMINIUM OFFICES • 3,250 SF
      1579 Straits Tpke2e, Middlebury, CT 06762-1841
      View Details
    • Value Estimation
      $360,000
      3,288 SF

      1579 Straits Tpke Ste 1b

      CONDOMINIUM OFFICES • 3,288 SF
      1579 Straits Tpke Ste 1b, Middlebury, CT 06762-1835
      View Details
    • Value Estimation
      $350,000
      3,071 SF

      1579 Straits Tpke Ste 2b

      CONDOMINIUM OFFICES • 3,071 SF
      1579 Straits Tpke Ste 2b, Middlebury, CT 06762-1835
      View Details
    • Value Estimation by Request
      2,200 SF

      503 Middlebury Rd

      Office Properties & Spaces • 2,200 SF
      503 Middlebury Rd, Middlebury, CT 06762
      View Details
    • Value Estimation
      $360,000
      4,759 SF

      1579 Straits Tpke Ste 1c

      CONDOMINIUM OFFICES • 4,759 SF
      1579 Straits Tpke Ste 1c, Middlebury, CT 06762-1835
      View Details

    Similar Nearby for Sale

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      High-Traffic Middlebury Commercial Land

      15.38 Acres, Mixed-Use Potential, Prime Location
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    Similar Nearby for Lease

    • $16 SF/Yr
      30,000 SF

      Village Square Executive Offices

      Middlebury, CT: Prime Office Suites Available
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    • Contact for pricing
      32,000 SF

      Prime Middlebury Office Space

      32,000 SF Office Building Available
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      View Details
    • $17 SF/Yr
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      Middlebury Executive Office Space

      4,835 SF Office, Move-In Ready
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      Executive Office Space in Middlebury, CT

      Prime Office Building, 2,650 SF Available
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    • $14 SF/Yr
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      Flexible Office & Retail Space

      Office and retail spaces available in Middlebury, near I-84.
      750 Straits Tpke, Middlebury, CT 06762
      View Details
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    Middlebury, CT 06762-1835
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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