NE Provenance

143-155 Cherry St

Milford, CT 06460

Commercial
Owner
Mil...
Owner Type
LLC
Tenure
4 yrs
Assessed
$10,000,000
Built
1958
Sq Ft
160,234
Lot
16.8 ac
Bed/Bath
—
Type
Commercial
Elevated Risks26ConditionC1Fire GradeBPermits27Last PermitJul 2025FloodAESurgeCat 1

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143-155 Cherry St, Milford, CT 06460— Property Report

Building& Property Details

143-155 Cherry St is a Hotel / Motel commercial built in 1958 located in Milford, South Central Connecticut Planning Region, CT. The building has 160,234 square feet of building area on a 16.8-acre lot.

Flood Zone & Natural Hazard Assessment

143-155 Cherry St is in FEMA flood zone AE. This is a Special Flood Hazard Area (SFHA) where flood insurance is typically required for federally backed mortgages. The property falls within a Category 1 hurricane storm surge inundation zone based on NOAA SLOSH modeling. This property is at risk of inundation under a 3-foot sea level rise scenario. The FEMA National Risk Index composite rating for this area is Relatively Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 30 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 143-155 Cherry St at Grade B (Strong fire protection access). The nearest fire station, Milford Fire Department Headquarters, is 0.4 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 27 building permits on file for 143-155 Cherry St. The most recent permit was filed July 14, 2025. In the past five years, 18 permits have been issued. The current municipal assessment is $10,000,000, with $5,549,400 attributed to land and $4,450,600 to improvements. The property last sold on November 19, 2021 for $11,000,000. The deed history includes 1 recorded conveyance.

MilfordNeighborhood & Community

143-155 Cherry St is located in Milford, South Central Connecticut Planning Region, CT. The property is zoned CDD1 (Community Design). The median home value in this census tract is $446,100. Median household income is $145,665. The owner-occupancy rate in the surrounding area is 88%. The property is served by the Milford school district.

Full Property Intelligence Report

The complete NE Provenance report for 143-155 Cherry St, Milford, CT includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.