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    Property profile & analytics

    470 Main St Cheshire, CT 06410-2450

    • Retail space
    • 7,448 SF
    • 0.66 lot acres
    OFF-MARKET
    Value Estimation
    $440,000
    Location Intelligence
    Property ID
    US15-0609302
    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

    • Carlson Therapy Network / Physical Therapist
    • Cartophilians / Antique Store
    • West Main Music Academy / Music School / Music Store
    • West Main Barbers / Barber Shop

    Property Details for 470 Main St

    Year built
    1989
    Construction
    FRAME
    Lot size
    0.66 lot acres
    Property size
    7,448 SF
    Zone code
    C-3
    Property type
    Retail space
    APN
    CHES M:50 B:55 L:
    APU
    CHESM50B55L

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $395,000

    • CAP approach

      CAP return
      Estimation
      6%
      $540,000
      6.5%
      $625,000
      7%
      $595,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $570,000
      Geo Method
      $615,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $595,000
      Retail
      $530,000
      Mixed-Use
      $565,000
      Hospitality
      $580,000
      Educational
      $505,000
      Residential Income
      $620,000
      Energy
      $495,000
      Income-Based Land
      $620,000
      Food Service
      $545,000

    Location Insight

    • Map
    • Local Demand
    City
    Cheshire
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9118
    Latitude
    41.5079
    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
    $18,770
    $137,900
    $397,020
    $534,920
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $485,000
      9,000 SF

      114 Main St

      RETAIL STORES (PERSONAL SERVICES) • 9,000 SF
      114 Main St, Cheshire, CT 06410-3111
      View Details
    • Value Estimation
      $530,000
      11,919 SF

      1057 Main St

      RETAIL STORES (PERSONAL SERVICES) • 11,919 SF
      1057 Main St, Cheshire, CT 06410-3414
      View Details
    • Value Estimation
      $230,000
      3,780 SF

      1074 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,780 SF
      1074 Main St, Cheshire, CT 06410-3444
      View Details
    • Value Estimation
      $130,000
      2,126 SF

      445 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,126 SF
      445 Main St, Cheshire, CT 06410-2419
      View Details
    • Value Estimation
      $280,000
      2,480 SF

      2145 Meriden Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,480 SF
      2145 Meriden Rd, Cheshire, CT 06410
      View Details
    • Value Estimation
      $260,000
      2,745 SF

      539 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,745 SF
      539 Main St, Cheshire, CT 06410-2422
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $9 SF/Yr
      2,392 SF

      Prime Cheshire Location, Suites Available

      Centrally located property with high accessibility and ample parking.
      286 Maple Ave, Cheshire, CT 06410
      View Details
    • $1,500 /Mo
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      Prime Retail Space on Main

      Retail space in Cheshire's bustling West Main Street business district.
      445 West Main St, Cheshire, CT 06410
      View Details
    • $9 SF/Yr
      3,758 SF

      Cheshire Retail/Office Leasing Opportunity

      Prime location with high visibility and ample parking.
      286 Maple Ave, Cheshire, CT 06410
      View Details
    • New
      $2,600 /Mo
      1,113 SF

      Updated Commercial Space on West Main

      Turnkey commercial space for lease in central Cheshire, CT.
      445 West Main St, Cheshire, CT 06410
      View Details
    • $15 SF/Yr
      1,900 SF

      Cheshire Retail Space - 1900 SF

      Prime Cheshire retail building, 1900 sq ft, vacant.
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      View Details
    • Contact for pricing
      4,306 SF

      Retail Space in Anchored Center

      Retail space available in CVS anchored shopping center.
      925-969 S Main St, Cheshire, CT 06410
      View Details
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    Cheshire, CT 06410-2450
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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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