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    745 Norwich Rd Plainfield, CT 06374

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    For Sale
    $595,000

    Prime commercial land for redevelopment in growing area.

    Lot size:
    1.16 Acres

    Property Features for 745 Norwich Rd

    General Information

    Lot size
    1.16 Acres

    Building Details

    Year built
    1941

    Source: Kazantzis Real Estate, LLC Agent Androula Kazantzis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Redevelopment Opportunity

    This property presents a commercial redevelopment opportunity in a growing town. The site benefits from substantial road frontage and is located directly adjacent to a busy traffic light, offering visibility and exposure to vehicle traffic. The area is experiencing growth, with multiple new distribution centers establishing operations nearby. The site is positioned for rezoning to commercial use and can be integrated into a larger parcel for expanded development potential.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Plainfield
    County
    Windham
    State
    Connecticut
    Longitude
    -71.915497
    Latitude
    41.669807

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land for redevelopment in growing area.
    Where is this commercial land located?
    The property is located at 745 Norwich Rd Plainfield, CT.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - Prime commercial redevelopment opportunity with substantial road frontage and direct adjacency to a busy traffic light, ensuring excellent visibility.; - Strategically located in a rapidly growing town with multiple new distribution centers, indicating strong commercial potential.; - Ideal for rezoning to commercial use, offering flexibility for various business ventures.
    (860) 208-8331
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    745 Norwich Rd Plainfield, CT 06374
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    Plainfield, CT 06374
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    745 Norwich Rd Plainfield, CT 06374
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