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Property profile & analytics
FOR SALE
Showrooms
57 S Main St Middletown, CT 06457
Entity Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-0302718
For Sale
1 / 2
$1,800,000
57 S Main St, Middletown, CT 06457
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2001
Total area
3,544 SF
Lot
0.23 ac (10,019 SF)
Zoning code
MXC
APN
MTWN M:24 L:0241
UPID
US15-0302718
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
-
Connecticut Spine & Sports Physician
-
Middletown Vein & Aesthetic Center Spa & Massage Center Alternative Medicine Practice
-
Radiologic Associates of Middletown Physician Medical Clinic
-
Kovalenko Bruce MD Physician
-
Anna Gatewood Physician
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
A&e Property Enterprises · 17 yrs held
A&e Property Enterprises
since 2008
4 recorded transactions
Zoning & alternative use
MXC · Middletown, 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 Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown 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
$12,299
Tax year 2024
Assessed value
$334,220
Assessed 2024
Previous assessed
$334,220
+0.0% YoY
Effective rate
3.68%
On assessed value
Assessed land
$136,450
Assessed improvement
$197,770
Applied tax rate
250.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
2001
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Rooms
8
Bathrooms
2
Total area
3,544 SF
Lot
0.23 ac (10,019 SF)
Zoning code
MXC
APN
MTWN M:24 L:0241
UPID
US15-0302718
Jurisdiction
MIDDLETOWN
Zoning & alternative use
MXC · Middletown, CT
Zoning MXC · permitted uses
MXC · Middletown, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middletown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
8
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
A&e Property Enterprises
Entity
Free & Clear · 17 yrs held
Mailing address
390 HIGH ST, MIDDLETOWN, CT 06459-2601
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2012
—
A&e Prop Ent LLC
—
Deed Of Trust
related
$75,000 · Farmington Savings Bank
Jul 16, 2008
$527,670
A&e Property Enterprises
Church View LLC
Grant Deed
—
Sep 1, 2000
—
Church View LLC
—
Deed Of Trust
related
$425,000 · Guilford Savings Bank
Nov 20, 1997
$155,000
Church View LLC
Gallitto,nathaniel J R
Warranty Deed
$100,000 · Zenon Grzybowski
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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