Financial
Distress signals
Property profile

28-30 West Main St Meriden, CT 06451

FOR SALE
Showrooms
Property ID
US15-1057400
3,286 SF 0.12 ac lot Built 1940
Last sale Jul 2003 · $60,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial office space located at 28 West Main Street in Meriden, Connecticut, configured to provide approximately 800 square feet of interior office area. It is suitable for office use and other compatible commercial uses within the constraints of local zoning and permitting requirements.

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 · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value$207k
Assessed land$48k
Assessed improvement$159k
Effective rate3.85%

Value estimate

· Sep 2026
$250k
$225k – $275k
AI approach$250k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$61/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$39 – $96
Qualifying comparables18

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?
TOD
JurisdictionMERIDEN

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 agency47.9
Building Supply31.0
Wholesale Shop25.2

Location

28-30 West Main St Meriden, CT 06451
County assessor Recorded deeds · 3 transfers 18 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1076 Hanover, Meriden, CT 06451-5243 $410,000 Dec 2025 5,247 SF
464 Colony, Meriden, CT 06451-2215 $500,000 May 2025 4,012 SF
237 Main, Meriden, CT 06451-4000 $549,000 Dec 2024 4,050 SF
29 Cooper, Meriden, CT 06451 $470,000 Nov 2024 3,952 SF
163 Springdale, Meriden, CT 06451-2980 $135,000 May 2024 2,678 SF
288 Cook, Meriden, CT 06451-5530 $135,000 Apr 2024 3,349 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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