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Property profile & analytics
OFF-MARKET
Industrial properties
50 High St Meriden, CT 06450-6161
Entity Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-0377460
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1890
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
27,790 SF
Lot
0.7 ac (30,348 SF)
Zoning code
C-1
APN
MERI M:216 B:106 L:4D-7A
UPID
US15-0377460
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
-
Auto Clinic Auto Repair Shop
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
Silver City Assoc LLC · 21 yrs held
Silver City Assoc LLC
since 2004
5 recorded transactions
Zoning & alternative use
C-1 · Meriden, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Meriden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Meriden submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$12,939
Tax year 2024
Assessed value
$336,000
Assessed 2024
Previous assessed
$374,920
-10.4% YoY
Effective rate
3.85%
On assessed value
Assessed land
$116,130
Assessed improvement
$219,870
Applied tax rate
302.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1890
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GEO-THERMAL
Buildings
1
Stories
3
Units
1
Total area
27,790 SF
Lot
0.7 ac (30,348 SF)
Zoning code
C-1
APN
MERI M:216 B:106 L:4D-7A
UPID
US15-0377460
Jurisdiction
MERIDEN
Zoning & alternative use
C-1 · Meriden, CT
Zoning C-1 · permitted uses
C-1 · Meriden, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Meriden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
GEO-THERMAL
Stories
3
Buildings
1
Units
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Silver City Assoc LLC
Entity
Free & Clear · 21 yrs held
Mailing address
55 GRV ST, MERIDEN, CT 06451-3112
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2004
—
Silver City Assoc LLC
Bogart LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jul 30, 1997
—
John R Sexton 3rd
—
Deed Of Trust
related
$72,000 · Ct Development Auth
Oct 27, 1989
—
John R Sexton 3rd
—
Deed Of Trust
related
$370,000 · Central Bank Savings
Jun 19, 1989
—
John R Sexton III
—
Deed Of Trust
related
$45,000 · Zwi Kohorn
May 31, 1988
—
John R Sexton 3rd
—
Deed Of Trust
related
$40,000 · Central Bank Savings
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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