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    Property profile & analytics

    181 Town St Norwich, CT 06360-2109

    • Commercial real estate
    • 3.85 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US15-0830788
    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

    • Rosemont Suites / Hotel
    • Courtyard Norwich / Hotel / Meeting Planning Service
    • The Bistro – Eat. Drink. Connect.® / Bistro / American Restaurant
    • Prime 82 Restaurant & Bar / Steak House / Bar
    • 181 West Town Street Park and Ride / Parking Lot

    Property Details for 181 Town St

    Lot size
    3.85 lot acres
    Zone code
    GC
    Property type
    Commercial real estate
    APN
    NORW M:58 B:1 L:43
    APU
    NORWM58B1L43

    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
    -72.1068
    Latitude
    41.5562
    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
    $190,418
    $756,000
    $3,794,000
    $4,550,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3.31 Acres

      395 Thames St

      COMMERCIAL (GENERAL) • 3.31 Acres
      395 Thames St, Norwich, CT 06360-6751
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    • Value Estimation by Request
      2.40 Acres

      250 Yantic Ln

      COMMERCIAL (GENERAL) • 2.40 Acres
      250 Yantic Ln, Norwich, CT 06360
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    • Value Estimation by Request
      1,728 SF

      267-269 Main St

      SHOW ROOM, WAREHOUSE • 1,728 SF
      267-269 Main St, Norwich, CT 06360
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    • Value Estimation by Request
      19,445 SF

      372 Main St, Unit 378

      SHOW ROOM, WAREHOUSE • 19,445 SF
      372 Main St, Norwich, CT 06360-5415
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    • Value Estimation by Request
      54,440 SF

      45 Salem Tpke

      SHOW ROOM, WAREHOUSE • 54,440 SF
      45 Salem Tpke, Norwich, CT 06360-6533
      View Details
    • Value Estimation by Request
      53,492 SF

      192-196 Main St

      SHOW ROOM, WAREHOUSE • 53,492 SF
      192-196 Main St, Norwich, CT 06360
      View Details

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    Property Visit Statistics

    • Visits by month
      5.3k
    • Visitors by month
      2.7k
    • Avg Time on site
      395 min
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    181 Town St
    Norwich, CT 06360-2109
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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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