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    Property profile & analytics

    128 State St New London, CT 06320

    • Investment properties
    • 0.29 lot acres
    For Lease
    View listing
    $2,500 /Mo
    Value Estimation
    Location Intelligence
    Property ID
    US15-0671850
    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

    • ZAMBALA GROCERY STORE / Grocery Store

    Property Details for 128 State St

    Lot size
    0.29 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    NLON M:G12 B:0142 L:0002
    APU
    NLONMG12B0142L0002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    New London
    State
    Connecticut
    Longitude
    -72.0958
    Latitude
    41.3542
    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
    $34,874
    $122,920
    $784,560
    $907,480
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $390,000
      0.09 Acres

      11 Brewer St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.09 Acres
      11 Brewer St, New London, CT 06320-6061
      View Details
    • Value Estimation
      $65,000
      1,008 SF

      9 Wightman St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,008 SF
      9 Wightman St, New London, CT 06320-5414
      View Details
    • Value Estimation
      $1,105,000
      2.70 Acres

      194 Lowr Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 2.70 Acres
      194 Lowr Blvd, New London, CT 06320-4208
      View Details
    • Value Estimation
      $325,000
      0.35 Acres

      607 Bank St, Unit 621

      OFFICE/RESIDENTIAL (MIXED USE) • 0.35 Acres
      607 Bank St, New London, CT 06320-5043
      View Details
    • Value Estimation
      $190,000
      0.33 Acres

      325 Broad St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.33 Acres
      325 Broad St, New London, CT 06320-3726
      View Details
    • Value Estimation
      $210,000
      0.11 Acres

      23 Connecticut Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.11 Acres
      23 Connecticut Ave, New London, CT 06320-5045
      View Details

    Similar Nearby for Sale

    • $1,395,000
      10,380 SF

      Prime Mixed-Use Investment in CT

      10,380 SF, 4 Units, 100% Occupied
      345 Bank St, New London, CT 06320
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    • $567,000
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      Downtown New London Mixed-Use Gem

      Prime location, 11,656 SF, development ready.
      27 Bank St, New London, CT 06320
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    • $6,500,000
      81,312 SF

      State Street Executive Office Building

      Prime New London Office Space, 81,312 SF
      153 State St, New London, CT 06320
      View Details
    • $468,000

      Renovated Mixed-Use Building, New London

      Mixed-use building with commercial spaces and apartment in New London.
      77 Truman St, New London, CT 06320
      View Details
    • Contact for pricing
      2.00 Acres

      New London Commercial Land Assemblage

      Four-acre redevelopment opportunity in prime location.
      377 Colman St, New London, CT 06320
      View Details
    • Contact for pricing
      2,459 SF

      Mixed-Use Space in Downtown Location

      Office or retail spaces available in a high-traffic downtown area.
      281 State St, New London, CT 06320
      View Details

    Similar Nearby for Lease

    • $194 SF/Yr
      2,226 SF

      Downtown New London Retail Space

      Prime Corner Location, 2,226 SF, 6 Months Free Rent
      8 Bank St, New London, CT 06320
      View Details
    • $15 SF/Yr
      2,271 SF

      New London Creative Office Suites

      Modern Offices, Utilities Included, Great Location
      75 Granite St, New London, CT 06320
      View Details
    • $315 /Mo
      6,200 SF

      Small Office Spaces For Lease

      Small office spaces for lease, rent includes utilities.
      75 Granite St, New London, CT 06320
      View Details
    • $10 SF/Yr
      1,426 SF

      New London Office Space Available

      Second floor office space near downtown New London for lease.
      103 Broad St, New London, CT 06320
      View Details
    • $15 SF/Yr
      1,900 SF

      New London Office Space Available

      1900 square foot office space for rent in New London.
      70-75 State St, New London, CT 06320
      View Details
    • $1,200 /Mo

      Residential Income Property For Rent

      Residential income property available for rent in New London.
      55 Eastern Ave, New London, CT 06320
      View Details
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    128 State St
    New London, CT 06320
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    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
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