Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    101 Merchants Ave Taftville, CT 06380-1025

    • Showrooms
    • 990 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $85,000
    Last Sale
    Aug 07, 2023
    $100,000
    Location Intelligence
    Property ID
    US15-0840633
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Eazy Auto / Used Car Dealer

    Property Details for 101 Merchants Ave

    Year built
    1950
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.12 lot acres
    Property size
    990 SF
    Zone code
    R20
    Property type
    Showrooms
    APN
    NORW M:46 B:2 L:56
    APU
    NORWM46B2L56

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Taftville
    County
    New London
    State
    Connecticut
    Longitude
    -72.0597
    Latitude
    41.5658
    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
    $2,528
    $30,800
    $29,600
    $60,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $95,000
      8,527 SF

      37 2nd Ave

      SHOW ROOM, WAREHOUSE • 8,527 SF
      37 2nd Ave, Taftville, CT 06380-1418
      View Details
    • Value Estimation
      $335,000
      6,213 SF

      4 5th Ave

      SHOW ROOM, WAREHOUSE • 6,213 SF
      4 5th Ave, Taftville, CT 06380-1108
      View Details
    • Value Estimation
      $300,000
      3,280 SF

      9 Merchants Ave

      SHOW ROOM, WAREHOUSE • 3,280 SF
      9 Merchants Ave, Taftville, CT 06380-1009
      View Details
    • Value Estimation
      $215,000
      4,408 SF

      338 Norwich Ave

      SHOW ROOM, WAREHOUSE • 4,408 SF
      338 Norwich Ave, Taftville, CT 06380-1254
      View Details
    • Value Estimation
      $165,000
      3,249 SF

      117 Providence St

      SHOW ROOM, WAREHOUSE • 3,249 SF
      117 Providence St, Taftville, CT 06380-1132
      View Details
    • Value Estimation
      $295,000
      3,100 SF

      13-17 2nd Ave

      SHOW ROOM, WAREHOUSE • 3,100 SF
      13-17 2nd Ave, Taftville, CT 06380
      View Details

    Similar Nearby for Sale

    • $500,000

      Well-Maintained Five-Unit Building

      Five-unit building with renovated units and separate utilities.
      22 Hunters Ave, Taftville, CT 06380
      View Details
    • $265,000

      Norwich Two-Family Investment Opportunity

      Spacious two-family property in Norwich, ideal for investors.
      207 Norwich Ave, Norwich, CT 06380
      View Details
    • $359,900

      Income-Generating Triplex Near Casinos

      Triplex with newer features, ideal for owner-occupancy and rental income.
      44 Providence St, Taftville, CT 06380
      View Details
    • $450,000

      Norwich Multifamily Investment Opportunity

      Four-unit property with three vacant units ready for market rents.
      18 N A St, Taftville, CT 06380
      View Details
    • $875,000
      Pending

      Norwich Multifamily Investment Opportunity

      Seven-unit, fully rented apartment building in a convenient Norwich location.
      18 Hunters Ave, Taftville, CT 06380
      View Details

    Similar Nearby for Lease

    • $2,300 /Mo

      Updated Duplex in Norwich

      Modern 3-bedroom duplex with updated features and convenient location.
      70 Providence St, Taftville, CT 06380
      View Details
    • $1,600 /Mo

      Renovated Townhouse Unit For Rent

      Renovated townhouse unit in central location available for rent.
      79 S B St, Taftville, CT 06380
      View Details
    • $1,750 /Mo

      Updated 2-Bedroom Apartment with Heat

      Clean, updated 2-bedroom apartment with included heat and laundry hookups.
      2 N 4Th Ave, Taftville, CT 06380
      View Details
    • $2,300 /Mo

      Spacious Four-Bedroom Unit For Rent

      Large first-floor unit with in-unit laundry and parking.
      324 Norwich Ave, Norwich, CT 06380
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 Merchants Ave
    Taftville, CT 06380-1025
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.