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Financial
Distress signals
Property profile

500 Monroe Tpke 1 Monroe, CT 06468

FOR LEASE
Showrooms
Property ID
US15-0842485
22,612 SF 1.21 ac lot Built 1973
Last sale Feb 2006 · $3,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a private office suite within Gaslight Plaza at 500 Monroe Turnpike, configured as a second-floor, center-front location just off the elevator. The suite has double glass entry doors and a layout comprising nine offices, a large open administrative area, and a waiting room, along with a private restroom that includes a shower; three additional restrooms are located in the hallway. Building amenities include elevator access, a code-and-key entry system in the rear, and a…

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?
$65k
Tax billed · 2023
Assessed value$1.74M
Assessed land$529k
Assessed improvement$1.21M
Effective rate3.75%

Value estimate

· Oct 2026
$1.18M
$1.06M – $1.29M
AI approach$735k
Submarket $/SF estimate$1.62M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$261/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$102 – $396

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?
B2
JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop17.1
Wholesale Shop16.1
Building Supply14.3

Location

500 Monroe Tpke, Unit 1 Monroe, CT 06468
County assessor Recorded deeds · 4 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
179 Main, Monroe, CT 06468-1182 $1,600,000 Jun 2025 5,112 SF
574 Monroe, Monroe, CT 06468-2309 $910,000 May 2024 9,963 SF
450 Monroe, Monroe, CT 06468-2343 $1,805,556 Oct 2022 17,595 SF
627 Main, Monroe, CT 06468-2807 $585,000 Sep 2022 11,050 SF
401 Monroe, Monroe, CT 06468-2276 $200,000 May 2022 48,501 SF
75 Main, Monroe, CT 06468-1671 $875,000 May 2022 6,616 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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