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Financial
Distress signals
Property profile

29 E Haddam Rd Salem, CT 06420

FOR LEASE
Showrooms
Property ID
US15-0966400
384 SF 1.86 ac lot Built 2017
Last sale Jun 2016 · $5,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 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

This small commercial building is zoned for business and is located on a high-traffic roadway known as Route 82. The property is currently configured for retail use and has a footprint of 384 square feet. Town-approved plans are available for installing a well and septic system, and zoning rules and regulations can be reviewed. Plans are also available for adding an additional full bathroom.

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 · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$87k
Assessed land$59k
Assessed improvement$28k
Effective rate2.93%

Value estimate

· Oct 2026
$220k
$198k – $242k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$56/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$30 – $84

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?
B
General categoryCOMMERCIAL
JurisdictionSALEM

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 Supply9.3
HVAC Service9.0
Electrical Service8.9

Location

29 E Haddam Rd Salem, CT 06420
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
594 Norwich, Salem, CT 06420-3731 $60,000 Jun 2024 4,278 SF
79 New London, Salem, CT 06420-4020 $600,000 Jan 2024 6,222 SF
10 Witter, Salem, CT 06420-3743 $75,000 Oct 2023 2,964 SF
12 Ctr, Salem, CT 06420-3834 $1,025,000 Oct 2022 4,062 SF
306 Old Colchester, Salem, CT 06420-3705 $27,500 Jul 2022 No data
428 Hartford, Salem, CT 06420-3603 $330,000 Oct 2018 4,148 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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