Financial
Distress signals
Property profile

495 Chamberlain Hwy Meriden, CT 06451

FOR LEASE
Commercial real estate
Property ID
US15-1068039
6.1 ac lot
Last sale Nov 2004 · $10,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 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

Chamberlain Plaza, located at 495 Chamberlain Highway (Rt 71) in Meriden, Connecticut, presents a compelling retail investment opportunity. This multi-tenant commercial property boasts a total of 54,249 square feet, offering flexible space options ideal for a variety of businesses. Currently, there are 15,498 square feet of vacant space available, divisible into units ranging from a minimum of 5,142 square feet to a maximum contiguous space of 10,356 square feet. The property's strategic

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?
$127k
Tax billed · 2024
Assessed value$3.50M
Assessed land$346k
Assessed improvement$3.15M
Effective rate3.63%

Value estimate

· Sep 2026
$420k
$378k – $462k
AI approach$420k

Realmo valuation models over county records.

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

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?
C-2
The purpose of C-2 district shall be to provide for a wide range of commercial uses in areas with good access, particularly along major a...
General categoryCOMMERCIAL
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 agency27.7
Dental Office20.7
Building Supply19.0

Location

495 Chamberlain Hwy Meriden, CT 06451
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
31 Main, Meriden, CT 06451 $1,500,000 Jan 2026 13,309 SF
1076 Hanover, Meriden, CT 06451-5243 $410,000 Dec 2025 5,247 SF
19 Goodwill, Meriden, CT 06451-3014 $670,000 May 2025 7,456 SF
33 Main, Meriden, CT 06451-5116 $354,900 May 2025 1,216 SF
464 Colony, Meriden, CT 06451-2215 $500,000 May 2025 4,012 SF
735 Hanover, Meriden, CT 06451-5208 $300,000 Apr 2025 6,440 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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