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Financial
Distress signals
Property profile

252 Franklin St Norwich, CT 06360

FOR LEASE
Showrooms
Property ID
US15-0178079
5,174 SF 0.12 ac lot Built 1865
Last sale Jan 2025 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
252 Franklin St, Norwich, CT 06360 For Lease
$1,500/Mo 2,500 SF available
252 Franklin St, Norwich, CT 06360
View Listing

Property summary

AI-generated overview

A historic mixed-use commercial property constructed in 1865, it provides approximately 2,500 square feet of adaptable interior space configured to support a range of uses such as retail, office, studio, showroom, fitness, creative, and professional activities. The property is located at 252 Franklin Street in downtown Norwich, within an area with surrounding local shops, restaurants, coffee houses, and established small businesses. Access to the area is supported by public transportation and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$149k
Assessed land$41k
Assessed improvement$108k
Effective rate3.82%

Value estimate

· Oct 2026
$195k
$176k – $215k
AI approach$165k

Realmo valuation models over county records and 11 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 comparables11

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 agency14.6
Dental Office12.8
Skin Care Clinic9.6

Location

252 Franklin St Norwich, CT 06360
County assessor Recorded deeds · 9 transfers 11 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 · 15 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
273 Central, Norwich, CT 06360-3826 $215,000 Jan 2025 4,052 SF
174 Town, Norwich, CT 06360-2112 $400,000 Nov 2024 4,706 SF
146 Main, Norwich, CT 06360-5738 $250,000 Nov 2024 6,818 SF
74 Norwich, Norwich, CT 06360-2512 $275,000 Aug 2024 4,400 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
5 properties of the same type nearby
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