Property profile

177-181 Franklin St Norwich, CT 06360

OFF-MARKET
Industrial properties
Property ID
US15-0347277
4,224 SF 0.11 ac lot Built 1929
Individually Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1929
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,224 SF
Lot 0.11 ac (4,792 SF)
Zoning code CC
APN NORW M:102 B:4 L:89
UPID US15-0347277

Cap rate & NOI

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

Location

177-181 Franklin St Norwich, CT 06360
Norwich metro Census 696800 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

Zoning & alternative use

CC · Norwich, CT
Zoning description

Chelsea Central District CC General Commercial District GC Industrial Production, Manufacturing, & Research District PMR Neighborhood Commercial District NC Norwich State Hospital District NSD Planned Development Design…

General category UNKNOWN

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 177-181 Franklin St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message