Property profile

581 Hartford Pike Killingly, CT 06241

OFF-MARKET
Other commercial real estate
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Property ID
US15-0156519
47 ac
Last sale Mar 2005·$8,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Killingly Commons is a multi-tenant shopping center located at 581 Hartford Pike in Killingly, Connecticut. The property is positioned along Interstate 395, a major north–south corridor in northeastern Connecticut, and is situated within a broad retail trade area. The center has been operated with a mix of tenants across categories including home improvement, general merchandise, specialty retail, apparel, office supplies, pet products, and grocery, with reported tenants including Lowe’s, Target, Michaels, Petco, Old Navy, Staples, Stop & Shop Supermarket, and T.J. Maxx.

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?
$465k
Tax billed · 2023
Assessed value$16.25M
Assessed land$3.68M
Assessed improvement$12.57M
Effective rate2.87%

Value estimate

· Nov 2026
$520k
$468k – $572k
AI approach$520k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$90/SF
County average, outlier-cleaned · 204 recorded sales of this use type
Observed band · Q1–Q3$55 – $134

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?
MUI
The intent of the Mixed Use Interchange District is to provide for the location of industrial and commercial development abutting 1-395 h...
General categoryMIXED_USE
JurisdictionKILLINGLY

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 Shop10.8
Storage Facility9.3
Garden Center9.1

Location

581 Hartford Pike Killingly, CT 06241
County assessor Recorded deeds · not on file 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

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21 Putnam, Killingly, CT 06241-1606 $200,000 Jun 2025 1,680 SF
49 Putnam, Killingly, CT 06241-1606 $1,530,000 Jun 2023 No data
11 Sayles Ave, Killingly, CT 06241-1609 $320,000 Jun 2022 No data
738 Hartford, Killingly, CT 06241-1766 $350,000 Mar 2022 8,868 SF
1036 Main, Killingly, CT 06241-2143 $500,000 Dec 2021 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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Includes: Price & PSF · Cap rate · Location · Zoning

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