Technical
Financial
Distress signals
Property profile

31 Connecticut Ave Norwich, CT 06360

OFF-MARKET
Industrial properties
Property ID
US15-1308637
35,358 SF 3.7 ac lot Built 1954
Entity Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1954
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 35,358 SF
Lot 3.7 ac (161,172 SF)
Zoning code BP
APN NORW M:50 B:1 L:45
UPID US15-1308637

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company
  • Plumbing Service Building Supply
  • Production Facility Metal Fabrication Plant

Location

31 Connecticut Ave Norwich, CT 06360-1554
Norwich metro Census 696200 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$800k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.12M
Blend (final) Blend
$800k

Owner & transaction history

since 2010
7 recorded transactions
2025
Price N/A
2024
Price N/A
2011
Price N/A
2010
$840,000
2010
Price N/A
2002
Price N/A
1999
Price N/A

Zoning & alternative use

BP · Norwich, CT
Zoning description

Business Park District BP Chelsea Central District CC General Commercial District GC Industrial Production, Manufacturing, & Research District PMR Neighborhood Commercial District NC Norwich State Hospital District NSD P…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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