Property profile

127 1st St Norwich, CT 06360

OFF-MARKET
Showrooms
Property ID
US15-0280217
1,733 SF 0.12 ac lot Built 1890
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1890
Construction FRAME
Total area 1,733 SF
Lot 0.12 ac (5,227 SF)
Zoning code NC
APN NORW M:84 B:2 L:1
UPID US15-0280217

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

127 1st St Norwich, CT 06360-2936
Norwich metro Census 696500 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$180k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$140k

Owner & transaction history

since 2023
Last sale
$218,000
6 recorded transactions
2023
$218,000
2010
$1
2006
Price N/A
2002
Price N/A
1995
Price N/A
1989
$13,700

Zoning & alternative use

NC · Norwich, CT
Zoning description

Neighborhood Commercial District NC Norwich State Hospital District NSD Planned Development Design District PDD Regional Commercial District RC Waterfront Development District WD Other Districts Government Facilities Dis…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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