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Property profile

514 Westchester Rd Colchester, CT 06415

OFF-MARKET
Showrooms
Property ID
US15-0147811
3,720 SF 0.69 ac lot Built 1840
Last sale Feb 2023 · $282,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 1.4-acre commercial land parcel presents a unique development opportunity in Colchester, Connecticut. Located at 514 Westchester Rd, 06415, this property boasts a prime corner lot in Westchester village, offering unparalleled visibility to over 13,000 vehicles daily on Route 2-E (400 feet of frontage). The site is zoned for mixed-commercial use, catering to a variety of development possibilities. Existing infrastructure includes a well and septic system. The property is vacant and ready for immediate development. No site preparation is required

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?
$7k
Tax billed · 2023
Assessed value$253k
Assessed land$72k
Assessed improvement$181k
Effective rate2.72%

Value estimate

· Oct 2026
$180k
$162k – $198k
AI approach$235k

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$56/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$30 – $83
Qualifying comparables21

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?
WV
General categoryUNKNOWN
JurisdictionCOLCHESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply10.1
Dental Office9.6
Wholesale Shop9.3

Location

514 Westchester Rd Colchester, CT 06415-2246
County assessor Recorded deeds · 2 transfers 21 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
116 Parum, Colchester, CT 06415-1923 $425,000 Dec 2022 3,913 SF
144 Main, Colchester, CT 06415-1464 $350,000 Nov 2022 4,474 SF
203 Lebanon, Colchester, CT 06415-1225 $425,000 Sep 2022 3,990 SF
232 Lebanon, Colchester, CT 06415-1204 $65,000 Aug 2022 3,180 SF
63 Hayward, Colchester, CT 06415-3205 $195,000 Mar 2022 3,826 SF
109 Westchester, Colchester, CT 06415-2421 $180,000 Nov 2019 4,000 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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