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Property profile & analytics
OFF-MARKET
Commercial land

49 Cres St Middletown, CT 06457-3601

0.17 ac lot
Individually Owned 3-yr Hold Free & Clear
Property ID
US15-0948299
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.17 ac (7,405 SF)
Zoning code ID
APN MTWN M:24 L:0308-R07807
UPID US15-0948299
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pozaic Susan Medical Clinic
  • Crescent Street OB/GYN Medical Clinic
  • Erica B. Smith, MD Physician
  • Julie S. Flagg, MD Physician
  • Carla E. McLeod, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Middlesex Hospital · 3 yrs held
Middlesex Hospital
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
ID · Middletown, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

§2.23 ID- Institutional Development Zone. 1. Description. This zone is intended to permit institutions and their growth and expansion in a planned manner while protecting the surrounding neighborhoods. Zoning Code of the City of Middletown, Connecticut II-28 2. Uses. Permitted land uses in the zones shall be limited to governmental, health, educational, char…

Zone name Institutional Development
General category CIVIC_INSTITUTIONAL
Zone area 176.38 ac
Source Zoning Code
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