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Financial
Distress signals
Property profile

85 Church St 200 Middletown, CT 06457

FOR LEASE
Other commercial real estate
Property ID
US15-0424147
1,240 SF Built 1982
Last sale Sep 2012 · $1
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 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

The property is a 1,240-square-foot, single-level office condominium located at 85 Church Street, Unit 200. The interior layout includes a reception area, waiting room, five private offices or exam rooms, two half baths, and a kitchenette, with additional functional support provided by a large lower-level storage area. The unit was built in 1982 and is handicap accessible, with ample off-street parking available. Interior finishes include refreshed paint and flooring, and the space features a…

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?
$4k
Tax billed · 2023
Assessed value$110k
Assessed improvement$110k
Effective rate3.51%

Value estimate

· Oct 2026
$140k
$126k – $154k
AI approach$85k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$110/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$77 – $155
Qualifying comparables10

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?
ID
§2.23 ID- Institutional Development Zone. 1. Description. This zone is intended to permit institutions and their growth and expansion in ...
General categoryCIVIC_INSTITUTIONAL
JurisdictionMIDDLETOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Catering Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Catering Service8.8
Pawn Shop8.7
Veterinary Clinic8.1

Location

85 Church St, Unit 200 Middletown, CT 06457
County assessor Recorded deeds · 1 transfer 10 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7 Spg, Middletown, CT 06457-2238 $275,000 Nov 2024 2,158 SF
159 Main, Middletown, CT 06457 $250,000 Oct 2024 1,026 SF
708 Washington, Middletown, CT 06457-2945 $535,000 Aug 2024 1,316 SF
272 Main, Middletown, CT 06457-4211 $369,000 Apr 2024 2,164 SF
698 Washington, Middletown, CT 06457-2902 $260,000 Nov 2023 1,920 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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