Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

308 Broad St New London, CT 06320

OFF-MARKET
Commercial real estate
Property ID
US15-0801670
0.51 ac lot
Last sale Apr 2025 · $889,930
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional investment opportunity presents a prime car dealership property for sale in New London, Connecticut. Located on a 0.51-acre corner lot at the intersection of Broad Street and Ledyard Street, this property boasts a strategic location and C-1 commercial zoning. The property comprises four buildings totaling 6,386 square feet, including a one-bay, two-deep building (864 square feet), a substantial 2,908 square foot service shop, a 1,008 square foot office/sales building, and a…

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?
$12k
Tax billed · 2023
Assessed value$333k
Assessed land$163k
Assessed improvement$170k
Effective rate3.72%

Value estimate

· Oct 2026
$265k
$239k – $292k

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: Cafe & Coffee Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Cafe & Coffee Shop9.7
Tailor Shop9.7
Computer & Electronic Repair9.0

Location

308 Broad St New London, CT 06320-3748
County assessor Recorded deeds · 4 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
130 Bank, New London, CT 06320-6002 $185,000 Feb 2026 1,064 SF
179 Colman, New London, CT 06320-3534 $1,450,000 Jan 2026 10,856 SF
465 Williams St, New London, CT 06320-5829 $150,000 Nov 2025 No data
139 Shaw, New London, CT 06320-4960 $400,000 Nov 2025 9,120 SF
455 Williams, New London, CT 06320-5829 $190,000 Jul 2025 944 SF
190 Broad, New London, CT 06320-5367 $950,000 May 2025 5,613 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
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?”
You own 308 Broad St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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
Why this one?
Saved