Property profile

588 Boston Post Rd Madison, CT 06443

OFF-MARKET
Office buildings
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Property ID
US15-0375803
3,496 SF 0.93 ac Built 1986
Last sale Sep 2008·$900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional office space, located at 588 Boston Post Road in Madison, Connecticut, offers a fantastic opportunity for businesses seeking a well-established presence in a vibrant community. The property consists of a two-story, 3,496 square foot building constructed in 1986, situated on a 0.93-acre lot. The building is zoned R-2 and features a traditional office layout, currently available as multiple tenancies. The minimum leasable space is 1,550 square feet, located on the second…

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 · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$595k
Assessed land$343k
Assessed improvement$252k
Effective rate2.20%

Value estimate

· Nov 2026
$770k
$693k – $847k
Submarket $/SF estimate$678k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$123/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$83 – $194

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?
R-2
4.0: RESIDENCE DISTRICTS (R-1, R-2, R-3, R-4, R-5) (Formerly §3) 4.1: PURPOSE The purpose of this district is to set aside and protect ar...
General categoryRESIDENTIAL
JurisdictionMADISON

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop15.3
Building Supply15.1
Auto Repair Shop14.4

Location

588 Boston Post Rd Madison, CT 06443-3037
County assessor Recorded deeds · 3 transfers 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

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
35 Cottage, Madison, CT 06443-3426 $800,000 May 2024 1,269 SF
1260 Durham, Madison, CT 06443-1884 $450,000 Jan 2023 1,980 SF
1321 Boston Post, Madison, CT 06443-3431 $1,135,000 Aug 2022 6,308 SF
78 Bradley, Madison, CT 06443-3038 $740,000 Apr 2022 8,129 SF
589 Boston Post, Madison, CT 06443-3043 $1,900,000 Nov 2021 4,808 SF
41 Cottage, Madison, CT 06443-3493 $210,000 Sep 2019 5,332 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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Includes: Price & PSF · Cap rate · Location · Zoning

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