Realmo Analytics

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Property profile

659 Middlebury Rd Middlebury, CT 06762

FOR SALE
Other investment properties
Property ID
US15-1235604
960 SF 2.64 ac lot Built 1948
Last sale Oct 2005 · $350,000
Individually Owned Owner of record is an individual. 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 2.64-acre commercial land parcel that was previously approved for a future office building of approximately 7,500 square feet. The site has access to city water and sewer, supporting planned development for office use. It is situated in the center of Middlebury’s retail zone along Route 64, with reported traffic of approximately 10,000 vehicles per day and convenient access to Interstate 84.

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?
$10k
Tax billed · 2023
Assessed value$298k
Assessed land$190k
Assessed improvement$108k
Effective rate3.23%

Value estimate

· Oct 2026
$265k
$239k – $292k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$70/SF
Submarket average, outlier-cleaned · 156 recorded sales of this use type
Observed band · Q1–Q3$34 – $112
Qualifying comparables6

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?
PO40
JurisdictionMIDDLEBURY

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 Supply11.7
Hair Salon9.5
HVAC Service9.4

Location

659 Middlebury Rd Middlebury, CT 06762
County assessor Recorded deeds · 3 transfers 6 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

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1486 Straits, Middlebury, CT 06762-1804 $470,000 Feb 2025 1,373 SF
625 Straits, Middlebury, CT 06762-2808 $192,500 Nov 2023 1,708 SF
412 Middlebury, Middlebury, CT 06762-2501 $300,000 Sep 2019 2,928 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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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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