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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Industrial properties
27 Terminal Way 1 Norwich, CT 06360-6725
Entity Owned
10-yr Hold
Free & Clear
Property ID
US15-0326981
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1916
Construction
CONCRETE
Total area
48,112 SF
Lot
3.69 ac (160,736 SF)
Zoning code
WD
APN
NORW M:124 B:2 L:20 U:1
UPID
US15-0326981
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$482k
Blend (final)
Blend
$560k
Owner & transaction history
28 South Street LLC · 10 yrs held
28 South Street LLC
since 2015
3 recorded transactions
Zoning & alternative use
WD · Norwich, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Norwich submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwich submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$12 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,923
Tax year 2023
Assessed value
$60,100
Assessed 2023
Previous assessed
$60,100
+0.0% YoY
Effective rate
4.86%
On assessed value
Assessed improvement
$60,100
Applied tax rate
386.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1916
Construction
CONCRETE
Heating
FORCED AIR
Buildings
1
Stories
1
Units
3
Total area
48,112 SF
Lot
3.69 ac (160,736 SF)
Zoning code
WD
APN
NORW M:124 B:2 L:20 U:1
UPID
US15-0326981
Jurisdiction
NORWICH
Zoning & alternative use
WD · Norwich, CT
Zoning WD · permitted uses
WD · Norwich, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norwich. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1916
Construction
CONCRETE
Heating
FORCED AIR
Stories
1
Buildings
1
Units
3
Lot
3.69 ac
Current owner
From public records · entity-resolved
28 South Street LLC
Entity
Free & Clear · 10 yrs held
Mailing address
201 E 31ST ST, NEW YORK, NY 10016-9701
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2015
—
28 South Street LLC
Thames River Capital LLC
Quit Claim Deed
—
Dec 17, 2014
—
Thames River Capital LLC
27 Terminal Way LLC|fnma
Foreclosure
related
—
May 12, 2006
$710,000
27 Terminal Way LLC
Cadle Prop Ct 2 INC
Warranty Deed
$1,400,000 · Zwi Kohorn
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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