Financial
Distress signals
Property profile

16 Courthouse Sq Norwich, CT 06360

OFF-MARKET
Showrooms
Property ID
US15-0444750
7,300 SF 0.12 ac lot Built 1900
Last sale Dec 2024 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$307k
Assessed land$42k
Assessed improvement$265k
Effective rate4.86%

Value estimate

· Sep 2026
$400k
$360k – $440k
AI approach$400k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$63/SF
ZIP average, outlier-cleaned · 86 recorded sales of this use type
Observed band · Q1–Q3$34 – $87
Qualifying comparables10

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?
CC
Chelsea Central District CC General Commercial District GC Industrial Production, Manufacturing, & Research District PMR Neighborhood Com...
General categoryUNKNOWN
JurisdictionNORWICH

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 agency13.9
Dental Office10.6
Skin Care Clinic10.5

Location

16 Courthouse Sq Norwich, CT 06360
County assessor Recorded deeds · 2 transfers 10 qualifying comp sales 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

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4 Willow, Norwich, CT 06360-4541 $245,000 Dec 2025 5,374 SF
727 Boswell, Norwich, CT 06360-2848 $155,000 Jul 2025 6,843 SF
22 Courthouse, Norwich, CT 06360-5707 $400,000 Dec 2024 7,575 SF
138-142 Main, Norwich, CT 06360 $168,000 Nov 2024 6,926 SF
146 Main, Norwich, CT 06360-5738 $250,000 Nov 2024 6,818 SF
60 Town, Norwich, CT 06360-2306 $500,000 Oct 2024 7,527 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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