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Financial
Distress signals
Property profile

114 New Park Ave North Franklin, CT 06254

OFF-MARKET
Office buildings
Property ID
US15-0573541
10,300 SF 2.2 ac lot Built 2001
Last sale Jun 2000 · $85,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 26-yr Hold Held for 26 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A built-out office/tech space located in the Norwich Business Park in Franklin, Connecticut, off New Park Avenue, within a 2.2-acre lot. The interior was completed in 2022 and is configured with a mix of private offices and an open work area, along with a kitchenette and a private bathroom. Building systems include central air conditioning and central heating. The space has 9-foot ceilings and oversized windows that bring in natural light. Parking is available directly in front of the entry,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value$733k
Assessed land$103k
Assessed improvement$630k
Effective rate2.30%

Value estimate

· Oct 2026
$1.78M
$1.60M – $1.95M
Submarket $/SF estimate$1.58M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$137/SF
County average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$62 – $204

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IND
JurisdictionFRANKLIN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.4
Auto Parts Store9.4
Electrical Service9.3

Location

114 New Park Ave North Franklin, CT 06254-1841
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
102 Rte 32, North Franklin, CT 06254-1811 $800,000 May 2023 3,675 SF
79 Rte 32, North Franklin, CT 06254-1818 $40,000 Dec 2020 1,340 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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