Financial
Distress signals
Property profile

5 Pease Ave Middletown, CT 06457

OFF-MARKET
Industrial properties
Property ID
US15-1098212
32,760 SF 0.36 ac lot Built 1900
Last sale Jan 1998 · $176,137
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$13k
Tax billed · 2023
Assessed value$359k
Assessed land$51k
Assessed improvement$308k
Effective rate3.51%

Value estimate

· Sep 2026
$600k
$540k – $660k
AI approach$600k
Sales comparison$669k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$44 – $116
Qualifying comparables4

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?
IRA
§2.20 IRA- Industrial Redevelopment Area Zone. 1. Description. The IRA zone will preserve Middletown’s existing and limited industrial de...
General categoryINDUSTRIAL
JurisdictionMIDDLETOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop9.4
Laundry Service9.1
Carpet & Flooring Store8.8

Location

5 Pease Ave Middletown, CT 06457-2233
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20 Tuttle, Middletown, CT 06457-1870 $1,800,000 Mar 2023 26,619 SF
54 Tuttle, Middletown, CT 06457-1863 $1,886,000 May 2022 30,146 SF
15 Walnut, Middletown, CT 06457-3832 $280,400 Nov 2021 45,554 SF
27 Stack, Middletown, CT 06457-2488 $175,000 Apr 2020 23,976 SF
90 Industrial Park, Middletown, CT 06457-1521 $1,000,000 Nov 2019 28,684 SF
34 Industrial Park, Middletown, CT 06457-1590 $1,850,000 May 2019 44,777 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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