Financial
Distress signals
Property profile

373 Main St Middletown, CT 06457

OFF-MARKET
Other commercial real estate
Property ID
US15-0952653
5.49 ac lot
Last sale Mar 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of approximately 2,264 square feet of retail space within a one-story building. It is located at a signalized intersection with access to Route 9 via Exit 22 and is positioned directly across from a Stop & Shop Plaza. The site covers approximately 5.49 acres and includes 112 parking spaces. The property is zoned MX1 and has retail/co-tenant occupancy that has historically included businesses such as Walgreens, Webster Bank, and Advanced Auto Parts.

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?
$185k
Tax billed · 2023
Assessed value$5.51M
Assessed land$1.09M
Assessed improvement$4.42M
Effective rate3.36%

Value estimate

· Sep 2026
$375k
$338k – $413k
AI approach$375k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$110/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$77 – $155

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?
MXI
MXI Mixed Use Development. Any non-residential special exception use, except those uses subject to §5.6.8 Standards for Special Exception...
General categoryMIXED_USE
JurisdictionMIDDLETOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.5
Furniture Store9.8
Garden Center9.8

Location

373 Main St Middletown, CT 06457-4556
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
404 Main, Middletown, CT 06457-3366 $580,000 Dec 2025 6,400 SF
85 Church St, Middletown, CT 06457-3647 $310,000 Nov 2025 1,622 SF
635 Main, Middletown, CT 06457-4252 $7,250,000 Jun 2025 No data
834 Newfield St, Middletown, CT 06457-1857 $400,000 Jun 2025 No data
27 Ml, Middletown, CT 06457-4440 $110,000 Apr 2025 No data
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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