Financial
Distress signals
Property profile

23 Commerce Rd Newtown, CT 06470

OFF-MARKET
Other industrial properties
Property ID
US15-1059683
22,072 SF 2.28 ac lot Built 1980
Last sale Apr 2017 · $1,025,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

An industrial flex/warehouse building totaling approximately 20,000 square feet, situated on a 2.3-acre site and zoned M5 industrial. The facility has a clear height of 22 feet and includes seven overhead drive-in doors providing access to drive-in bays and warehouse areas. The building is configured to support activities involving heavy equipment and oversized trucks, with features suitable for outdoor storage as well. Interior space includes a first-floor level of about 15,000 square feet

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$27k
Tax billed · 2023
Assessed value$1.04M
Assessed land$268k
Assessed improvement$777k
Effective rate2.62%

Value estimate

· Sep 2026
$655k
$590k – $721k
AI approach$655k
Submarket $/SF estimate$971k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
County average, outlier-cleaned · 198 recorded sales of this use type
Observed band · Q1–Q3$61 – $152
Qualifying comparables5

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?
M-5
General categoryINDUSTRIAL
JurisdictionNEWTOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply11.6
Wholesale Shop11.0
Auto Repair Shop10.7

Location

23 Commerce Rd Newtown, CT 06470-1607
County assessor Recorded deeds · 12 transfers 5 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
55 Sugar, Newtown, CT 06470-1941 $1,200,000 Feb 2025 1,000 SF
22 Commerce, Newtown, CT 06470-1607 $1,800,000 Mar 2024 15,930 SF
12 Commerce, Newtown, CT 06470-1607 $1,295,000 Aug 2023 No data
101 Main, Newtown, CT 06470-2355 $5,200,000 Mar 2020 128,744 SF
16 Commerce, Newtown, CT 06470-1607 $2,735,000 Oct 2019 24,384 SF
77 Main, Newtown, CT 06470-2388 $600,000 Jul 2019 13,110 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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