53 Taftville OccumNorwich, CT 06360

  • Other commercial real estate
  • 1,260 SF
Off market
$10,018,800 Estimated

Property Details for 53 Taftville Occum

Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.00 AC
Property size (Sq ft)
1,260 SF
Zone code
NC
Property type
Other commercial real estate
Property subtype
Showrooms
APN
NORW M:19 B:1 L:29
APU
NORWM19B1L29

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $306,224
    6.5%
    $282,668
    7%
    $262,478
  • Comparable approach

    Method
    Valuation
    Relative Method
    $414,872
    Geo Method
    $414,872
  • Alternative Use

    Use
    Valuation
    Residential
    $238,441
    Hospitality
    $218,411
    Educational
    $181,715
    Medical
    $187,965
    Retail
    $282,668
53 Taftville Occum, Norwich, Connecticut
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Location Insight

City
Norwich
County
New London
State
Connecticut
Latitude
41.5929
Longitude
-72.0493
CBSA code
35980
CBSA name
NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,537
$98,200
$58,000
$156,200
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