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Property profile & analytics
OFF-MARKET
Estimated value
$4,500,000
Showrooms
10 Laura Blvd, Norwich, CT 06360-6429
Entity Owned
~
Est. High Equity
Property ID
US15-0810100
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1972
Construction
STEEL FRAME
Total area
95,846 SF
Lot
6.42 ac (279,789 SF)
Zoning code
PC
APN
NORW M:114 B:1 L:2
UPID
US15-0810100
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
-
Scorzz Sports Bar & Grill Bar & Pub Restaurant
-
ATM Atm
-
Holiday Inn Norwich, an IHG Hotel Hotel & Motel
-
Rendezvous Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.17M
Blend (final)
Blend
$4.50M
Owner & transaction history
Sai Ganesh LLC
Sai Ganesh LLC
since 2026
7 recorded transactions
Zoning & alternative use
PC · Norwich, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$7.0M
+16.7%
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 Norwich submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwich 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,010,000
Current use
APARTMENT HOUSE (5+ UNITS)
$7,010,000
Change: +17% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$5,860,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$4.50M
Range $4.05M – $4.95M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$47 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$173,498
Tax year 2023
Assessed value
$4,145,700
Assessed 2023
Previous assessed
$4,145,700
+0.0% YoY
Effective rate
4.19%
On assessed value
Assessed land
$703,500
Assessed improvement
$3,442,200
Applied tax rate
386.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
6
Units
135
Total area
95,846 SF
Lot
6.42 ac (279,789 SF)
Zoning code
PC
APN
NORW M:114 B:1 L:2
UPID
US15-0810100
Jurisdiction
NORWICH
Zoning & alternative use
PC · Norwich, CT
Zoning PC · permitted uses
PC · Norwich, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norwich. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$6.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.0M
INDUSTRIAL (GENERAL)
Est. value
$5.9M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
6
Buildings
1
Units
135
Lot
6.42 ac
Current owner
From public records · entity-resolved
Sai Ganesh LLC
Entity
Mailing address
591 W PUTNAM AVE, GREENWICH, CT 06830-6005
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2026
—
Sai Ganesh LLC
Viii-hii-laura Blvd LLC
Warranty Deed
$6,160,000 · Central Valley Bank
Jun 5, 2017
—
Viii Hii Laura Blvd LLC
—
Deed
related
$577,270,000 · Jp Morgan Chase Bk
Dec 27, 2012
—
7 Hii Laura Blvd LLC
—
Deed Of Trust
related
$42,500,000 · Wells Fargo Mortgage
Feb 28, 2012
$1
7-hii Laura Blvd LLC
44 Hersha Norwich Assoc
Warranty Deed
related
—
Nov 10, 2010
—
44 Hersha Nwch Assoc LLC
—
Deed Of Trust
related
$250,000,000 · Banknorth NA
Oct 21, 2008
—
44 Hersha Nwch Assoc LLC
—
Deed Of Trust
related
$175,000,000 · Banknorth NA
Feb 13, 2008
—
44 Hersha Nwch Assoc LLC
—
Deed Of Trust
related
$100,000,000 · Commerce Bank NA
Sep 26, 2006
—
44 Hersha Nwch Assoc LLC
—
Deed Of Trust
related
$2,923,000 · West Bank
Jul 28, 2005
—
44 Hersha Norwich LLC
—
Deed Of Trust
related
$5,500,000 · West Bank
May 2, 2005
$7,236,500
44 Hersha Nwch Assoc LLC
New Innkeepers Nwch LLC
Grant Deed
$5,500,000 · Hersha Hospitality LP
Apr 16, 2003
$7,624,999
Inkeepers Norwich New
Norwich Hotel Assoc LP
Grant Deed
related
—
Jul 12, 1999
—
Norwich Hotel Assoc
—
Deed Of Trust
related
$6,000,000 · Peoples Bank
Dec 31, 1997
—
Norwich Hotel Assoc LP
—
Deed Of Trust
related
$10,825,000 · Peoples Bank
Jun 5, 1996
—
Norwich Hotel Assoc LP
—
Deed Of Trust
related
$50,000 · Norwich Savings Society
Mar 30, 1994
—
Norwich Hotel Assoc
—
Deed Of Trust
related
$2,000,000 · Norwich Savings Society
Feb 9, 1994
$35,000
Konover Mgmt Corp
Konover Family LP
Grant Deed
related
—
Aug 4, 1988
—
Barry Levine
—
Deed Of Trust
related
$75,000 · Atlantic Mortgage Corp
Jul 22, 1988
$848,000
Barry Levine
Barres Kleeman Barr
Trustees Deed
related
$678,400 · First Federal Bank Of Ct
Jun 23, 1988
—
Barry Levine
—
Deed Of Trust
related
$34,000 · Atlantic Mortgage Corp
Nov 16, 1987
$625,000
Konover Family LP
Society For Savs
Grant Deed
—
—
—
Viii Hii Laura Blvd LLC
—
Deed Of Trust
related
$577,270,000 · Jp Morgan Chase Bk
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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