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Property profile & analytics
OFF-MARKET
Industrial properties
71 Chamberlain Hwy Meriden, CT 06451-2829
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-0824752
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
7.38 ac (321,678 SF)
Zoning code
M-3
APN
MERI M:614 B:206 L:3
UPID
US15-0824752
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
-
Ragozzino Foods Food Processing Plant Factory
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
State Of Connecticut · 9 yrs held
State Of Connecticut
since 2017
7 recorded transactions
Zoning & alternative use
M-3 · Meriden, 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 Meriden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Meriden 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
$74,132
Tax year 2024
Assessed value
$1,925,000
Assessed 2024
Previous assessed
$2,063,670
-6.7% YoY
Effective rate
3.85%
On assessed value
Assessed land
$1,362,270
Assessed improvement
$562,730
Applied tax rate
302.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Buildings
2
Units
2
Lot
7.38 ac (321,678 SF)
Zoning code
M-3
APN
MERI M:614 B:206 L:3
UPID
US15-0824752
Jurisdiction
MERIDEN
Zoning & alternative use
M-3 · Meriden, CT
Zoning M-3 · permitted uses
M-3 · Meriden, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Meriden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Units
2
Lot
7.38 ac
Current owner
From public records · entity-resolved
State Of Connecticut
Individual
Mailing address
10 AMES AVE, MERIDEN, CT 06451-2912
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2017
$5,760
State Of Connecticut
Foundry Industrial Assoc
Warranty Deed
—
Apr 12, 2013
—
Foundry Industrial Assoc
—
Deed Of Trust
related
$1,045,000 · Ct Comunity Inv
Nov 29, 2012
—
Foundry Industrial Assoc
—
Deed Of Trust
related
$1,450,000 · Rockville Bank
Oct 25, 2012
—
Foundry Industrial Assoc
—
Deed Of Trust
related
$600,000 · Rockville Bank
Dec 22, 2011
$1
Foundry Industrial Assoc
Foundry Industrial Assoc
Grant Deed
related
—
May 19, 2008
—
Foundry Industrial LLC
—
Deed Of Trust
related
$500,000 · Meriden City
Jan 31, 2008
—
Foundry Industr Assoc LLC
—
Deed Of Trust
related
$1,200,000 · Castle B&t Co
Dec 26, 2007
—
Foundry Industrial LLC
—
Deed Of Trust
related
$325,000 · Castle B&t Co
Jan 25, 2002
—
Foundry Industrial Asc
—
Deed Of Trust
related
$630,000 · New Haven Savings Bank
Sep 28, 1990
—
John Ragozzino
—
Deed Of Trust
related
$750,000 · Central Bank Savings
Jul 16, 1987
—
John Ragozzino
—
Deed Of Trust
related
$656,000 · North American Bank & Trust
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.
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