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    Property profile & analytics

    154 Salem Tpke Norwich, CT 06360-6421

    • Showrooms
    • 73,584 SF
    • 3.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US15-0124164
    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

    • Hampton Inn Norwich / Hotel

    Property Details for 154 Salem Tpke

    Year built
    2008
    Construction
    STEEL FRAME
    Lot size
    3.06 lot acres
    Property size
    73,584 SF
    Zone code
    PC
    Property type
    Showrooms
    APN
    NORW M:122 B:1 L:2
    APU
    NORWM122B1L2

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norwich
    County
    New London
    State
    Connecticut
    Longitude
    -72.1165
    Latitude
    41.5083
    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
    $231,862
    $593,300
    $4,947,000
    $5,540,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      67,512 SF

      55 Main St

      SHOW ROOM, WAREHOUSE • 67,512 SF
      55 Main St, Norwich, CT 06360-5760
      View Details
    • Value Estimation by Request
      179,652 SF

      42-44 Town St

      SHOW ROOM, WAREHOUSE • 179,652 SF
      42-44 Town St, Norwich, CT 06360
      View Details
    • Value Estimation by Request
      6,754 SF

      192 Main St

      SHOW ROOM, WAREHOUSE • 6,754 SF
      192 Main St, Norwich, CT 06360-4726
      View Details
    • Value Estimation
      $225,000
      6,843 SF

      727 Boswell Ave

      SHOW ROOM, WAREHOUSE • 6,843 SF
      727 Boswell Ave, Norwich, CT 06360-2848
      View Details
    • Value Estimation
      $205,000
      2,006 SF

      77 Clinton Ave

      SHOW ROOM, WAREHOUSE • 2,006 SF
      77 Clinton Ave, Norwich, CT 06360-2113
      View Details
    • Value Estimation by Request
      43,583 SF

      2 Courthouse Sq

      SHOW ROOM, WAREHOUSE • 43,583 SF
      2 Courthouse Sq, Norwich, CT 06360-5720
      View Details

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      Retail/Office Space in Great Plains Plaza

      14,500 SF retail/office space in high-traffic Norwich plaza.
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      Downtown Office/Retail Space Available

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      Versatile Retail/Office/Medical Space Available

      Adaptable spaces suitable for retail, office, medical, or storage.
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    Property Visit Statistics

    • Visits by month
      10.5k
    • Visitors by month
      3.5k
    • Avg Time on site
      459 min
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    154 Salem Tpke
    Norwich, CT 06360-6421
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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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