Financial
Distress signals
Property profile

511 Spielman Hwy Burlington, CT 06013

OFF-MARKET
Commercial real estate
Property ID
US15-0621189
1,920 SF 2 ac lot Built 1982
Last sale Oct 2002 · $240,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 6,200 sq ft commercial property in Burlington, CT, presents a unique investment opportunity. Situated on 2 acres, just 18 minutes from Litchfield Center and 300 feet from Hogan's Cider Mill, this property boasts a prime location for year-round business. The property includes multiple buildings: a marketplace and ice cream parlor outbuilding, a fully equipped chef's kitchen, and a restaurant with a bar and enclosed side area. Outdoor amenities include a scenic pond, upper and

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 · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$320k
Assessed land$97k
Assessed improvement$223k
Effective rate3.22%

Value estimate

· Sep 2026
$295k
$266k – $325k
AI approach$295k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$95/SF
County average, outlier-cleaned · 933 recorded sales of this use type
Observed band · Q1–Q3$54 – $147
Qualifying comparables9

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?
CB
General categoryCOMMERCIAL
JurisdictionBURLINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service8.9
Storage Facility8.9
Kitchen & Bath8.6

Location

511 Spielman Hwy Burlington, CT 06013-1608
County assessor Recorded deeds · 4 transfers 9 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
267 Spielman, Burlington, CT 06013-1741 $795,000 Oct 2024 4,974 SF
41 Covey, Burlington, CT 06013-1316 $150,000 Mar 2024 3,256 SF
256 Spielman, Burlington, CT 06013-1702 $225,000 Jun 2023 2,016 SF
252 Spielman, Burlington, CT 06013-1751 $343,000 Apr 2023 2,560 SF
9 Covey, Burlington, CT 06013-1738 $799,000 Sep 2022 8,480 SF
258 Spielman, Burlington, CT 06013-1723 $799,000 Sep 2022 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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