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Property profile

27 Bank St New London, CT 06320

FOR SALE
Showrooms
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Property ID
US15-0094202
11,676 SF 0.08 ac Built 1875
Last sale Sep 2016·$65,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
27 Bank St, New London, CT 06320 For Sale 1 / 9
$750,000 11,676 SF
27 Bank St, New London, CT 06320
View Listing

Property summary

AI-generated overview

The property is an office space that is currently under construction and configured as an office unit. It is situated near an Amtrak and ferry station, providing commuter and pedestrian access from the surrounding area. The building’s setup supports leasing as office use, with tenant responsibility typically covering utilities and interior maintenance while the unit’s base improvements are being completed. As an office unit in development, the space is suited for tenants who require…

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 · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$143k
Assessed land$63k
Assessed improvement$80k
Effective rate3.84%

Value estimate

· Nov 2026
$230k
$207k – $253k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$78/SF
ZIP average, outlier-cleaned · 112 recorded sales of this use type
Observed band · Q1–Q3$39 – $116

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNEW LONDON

Location intelligence

Which uses thrive at this corner?
Best fit: Computer & Electronic Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Computer & Electronic Repair9.5
Tailor Shop9.5
Carpet & Flooring Store9.0

Location

27 Bank St New London, CT 06320
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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
179 Colman, New London, CT 06320-3534 $1,450,000 Jan 2026 10,856 SF
139 Shaw, New London, CT 06320-4960 $400,000 Nov 2025 9,120 SF
190 Broad, New London, CT 06320-5367 $950,000 May 2025 5,613 SF
109-111 Bank, New London, CT 06320 $795,000 Mar 2025 7,023 SF
36 Truman, New London, CT 06320-5056 $455,000 Jan 2025 6,480 SF
425 Montauk, New London, CT 06320-4642 $510,000 Oct 2024 5,809 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

Comparable nearby

  • Value Estimation
    $305,000
    9,938 SF
    234-238 State St
    SHOW ROOM, WAREHOUSE
    234-238 State St, New London, CT 06320
    View Details
  • Value Estimation
    $565,000
    5,336 SF
    20 Howard St
    SHOW ROOM, WAREHOUSE
    20 Howard St, New London, CT 06320-4971
    View Details
  • Value Estimation
    $3,150,000
    26,727 SF
    89 Viets St
    SHOW ROOM, WAREHOUSE
    89 Viets St, New London, CT 06320-3355
    View Details
  • Value Estimation
    $345,000
    4,560 SF
    181 Broad St
    SHOW ROOM, WAREHOUSE
    181 Broad St, New London, CT 06320-5312
    View Details
  • Value Estimation
    $415,000
    4,440 SF
    595 Bank St
    SHOW ROOM, WAREHOUSE
    595 Bank St, New London, CT 06320-5001
    View Details
  • Value Estimation
    $515,000
    4,378 SF
    447 Williams St
    SHOW ROOM, WAREHOUSE
    447 Williams St, New London, CT 06320-5829
    View Details

Similar Nearby for Sale

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  • New
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  • New
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  • $450,000
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  • New
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    A flexible street-level space offers an open interior and direct pedestrian entry from the sidewalk.
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  • New
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    New natural gas heating serves a space with a dedicated bathroom and a history of retail and barbershop use.
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Similar in This City for Lease

  • New
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    Turnkey, open retail space with column-free layout, plumbing, gas service, and strong storefront signage potential.
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  • New
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    Retail spaces available in New London shopping center.
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  • New
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    1,200 sqft
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  • $14 SF/Yr
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    Retail or office spaces available near Garde Arts Center.
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  • New
    Contact for pricing
    2,000 sqft
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    Renovated ground-floor with basement offers column-free layout, high ceilings, and prominent wraparound frontage.
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    View Details
  • $1,258/Mo
    81,312 sqft
    Downtown New London Retail/Office Space
    First-floor retail or office space in historic mixed-use building.
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    View Details
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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