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530 Middlebury Rd, Middlebury, CT 06762
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Property summary
AI-generated overview
Village Square, a two-story, 30,000 square foot retail and office complex located at 530 Middlebury Road in Middlebury, Connecticut (zip code 06762), offers exceptional executive office space. Built in 1989, this centrally located property boasts ample parking and is zoned "Com" within New Haven County. Currently, there are two available suites, providing flexible options for businesses seeking a professional environment. One suite offers 1,088 square feet, while the other provides 1,400 contiguous square feet, with a total of 2,488 square feet of vacant space currently available. The minimum divisible space is 1,088 square feet, allowing for adaptability to various business needs. The property's convenient location in the heart of Middlebury makes it an ideal choice for businesses seeking high visibility and easy access for clients and employees. This is a multi-tenant building offering a vibrant and established business community. Interested parties should inquire about lease terms and availability. The property features a commercial subtype and is categorized as retail and office space.
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1988
Construction
FRAME
Total area
30,119 SF
Lot
3.4 ac (148,104 SF)
Zoning code
CA40
APN
MIDD M:5-08 L:252
UPID
US15-0715592
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Loan Service Bank
-
Alternative Medicine Practice
-
Law Firm
-
Law Firm
-
Law Firm
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$930k
Owner & transaction history
since 2003
2 recorded transactions
Zoning & alternative use
CA40 · Middlebury, CT
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$930k
Value range
$837k – $1.02M
±10% around blend
Estimated value / SF
$31 / SF
Confidence
Property data
100
Comparable evidence
60
Income certainty
100
$837k
blend $930k
$1.02M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
30,119 SF
Lot area
3.4 ac
Year built
1988
Stories
2
APN
MIDD M:5-08 L:252
Zoning
CA40
Assessed value
$1,857,500
Annual tax
$59,923
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$59,923
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.16M
Range $854k – $1.69M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$930k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$169k
Move the market yield to see immediate price impact.
Value / SF
$6
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$11k
$213k
$152k
$118k
$12k
$237k
$169k
$132k
$13k
$260k
$186k
$145k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$59,923
Tax year 2023
Assessed value
$1,857,500
Assessed 2023
Previous assessed
$1,857,500
+0.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$546,000
Assessed improvement
$1,311,500
Applied tax rate
332.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
For Lease
Year built
1988
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
32
Rooms
2
Total area
30,119 SF
Lot
3.4 ac (148,104 SF)
Zoning code
CA40
APN
MIDD M:5-08 L:252
UPID
US15-0715592
Jurisdiction
MIDDLEBURY
Zoning & alternative use
CA40 · Middlebury, CTZoning CA40 · permitted uses
CA40 · Middlebury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
32
Rooms
2
Lot
3.4 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CA40
Jurisdiction
Middlebury, CT
Recorded code
CA40
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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