Property profile

50 Cherry St Milford, CT 06460

FOR LEASE
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Property ID
US15-0769486
11,868 SF 1.07 ac Built 1986
Last sale Mar 2013·$1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a maintained mixed-use complex dating to 1986, containing four office suites designed for professional, administrative, and service-oriented businesses. Suite sizes range from approximately 1,345 to 2,850 square feet, supporting a range of office occupancies within an established business setting. The building is located at 50 Cherry Street in Milford, Connecticut, in an area designated as a professional office and business district, with access to downtown Milford, the train…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$64k
Tax billed · 2023
Assessed value$2.36M
Assessed land$656k
Assessed improvement$1.71M
Effective rate2.72%

Value estimate

· Nov 2026
$1.71M
$1.54M – $1.88M
Submarket $/SF estimate$1.74M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$162/SF
ZIP average, outlier-cleaned · 74 recorded sales of this use type
Observed band · Q1–Q3$122 – $241
Qualifying comparables5

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?
RO
ion for a Special Exception to extend, enlarge or alter said legal non-conforming lot, structure or use, provided that the applicant meet...
General categoryMIXED_USE
JurisdictionMILFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.6
Furniture Store8.4
Laundromat8.2

Location

50 Cherry St Milford, CT 06460
County assessor Recorded deeds · 6 transfers 5 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

5 recorded sales · 8 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
135 Broad, Milford, CT 06460-4726 $5,000,000 Jan 2024 No data
300 New Hvn, Milford, CT 06460-6648 $550,000 Nov 2023 No data
93 Boston Post, Milford, CT 06460-3119 $520,000 Nov 2020 No data
14 Dunbar, Milford, CT 06460-8150 $325,000 Sep 2020 No data
242 Buckingham, Milford, CT 06460-4841 $330,000 Jul 2019 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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Includes: Price & PSF · Cap rate · Location · Zoning

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