Technical
Financial
Distress signals
Property profile

25 Montville Rd Norwich, CT 06360

FOR LEASE
Other industrial properties
Property ID
US15-0176293
1,488 SF 9 ac lot Built 1963
Entity Owned 10-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a 14.72-acre parcel that was previously used as a sand and gravel operation and includes approximately 6.5+ usable acres. It is located adjacent to the Big Y/Walmart Plaza and has approximately 625 feet of road frontage, supporting commercial or mixed-use development. The site is zoned Planned Commercial (PC), which permits a range of uses including office, retail, hotel, fitness/gym, financial institutions, mixed-use (commercial/residential), assembly hall, boat sales, cafe/restaurant, club, cultural facilities, customer service, entertainment, government, solar, and utility; special-permit uses include laboratory, mixed-use parking facilities (accessory), parking garage, technology uses, and other commercial applications. An existing 1,488 SF abandoned structure is on-site. The parcel currently has well and septic, while public water and sewer services are available in the street; natural gas access is available nearby on Route 82 (Salem Turnpike). The site provides convenient access to I-395 via Route 82 and includes an area of approximately 3,600 SF that has been used for a communication facility under lease, indicating configuration suitability for that type of use.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,488 SF
Lot 9 ac (392,040 SF)
Zoning code PC
APN NORW M:127 B:1 L:2
UPID US15-0176293

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Building Supply

Location

25 Montville Rd Norwich, CT 06360
Norwich metro Census 696200 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

Zoning & alternative use

PC · Norwich, CT
Zoning description

onal Standards Multifamily dwellings shall be designed and/or converted in accordance with the following dimensional standards: Table 16: Dimensional Standards for Multifamily Dwellings Standard District MF NC / WD GC /…

General category COMMERCIAL

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?”
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