Financial
Distress signals
Property profile

27 North Main St 2 Norwich, CT 06360

FOR LEASE
Showrooms
Property ID
US15-0175671
21,084 SF 1.7 ac lot Built 1999
Last sale Mar 2025 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A fully renovated mixed-use property in Norwich comprised of two residential units and one commercial office/retail space. The interior improvements include new mini-split heat pump systems for heating and cooling, new flooring throughout, and kitchen updates with new cabinetry, updated countertops, and stainless steel appliances. Bathrooms have been upgraded with tiled showers and new fixtures, and light fixtures have been replaced throughout. Major mechanical and infrastructure work includes

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$64k
Tax billed · 2024
Assessed value$2.10M
Assessed land$113k
Assessed improvement$1.98M
Effective rate3.04%

Value estimate

· Sep 2026
$880k
$792k – $968k
AI approach$910k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$63/SF
Submarket average, outlier-cleaned · 100 recorded sales of this use type
Observed band · Q1–Q3$34 – $90

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?
B-C
JurisdictionGRISWOLD

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.7
Auto Repair Shop10.7
Hair Salon9.9

Location

27 North Main St, Unit 2 Norwich, CT 06360
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
65 Main, Griswold, CT 06351-2266 $370,000 Feb 2026 8,001 SF
70 Main, Griswold, CT 06351-2226 $425,000 Dec 2025 5,280 SF
98 Riv, Lisbon, CT 06351 $475,000 Sep 2022 7,360 SF
1069 Voluntown, Griswold, CT 06351-1636 $475,000 Feb 2022 5,000 SF
363 Riv, Lisbon, CT 06351-3260 $360,000 Dec 2021 10,116 SF
1151 Voluntown, Griswold, CT 06351-1621 $1,825,000 Jul 2021 9,504 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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