Financial
Distress signals
Property profile

45 Franklin St New London, CT 06320

OFF-MARKET
Showrooms
Property ID
US15-0920569
3,907 SF 0.42 ac lot Built 1900
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This well-maintained, Class B office building at 45 Franklin St. offers 3,907 square feet of space, situated on a 0.42-acre lot. Built in 1900 and renovated in 1982, the building boasts true historic character. Currently, 3,883 square feet are available for lease, divisible into two suites. The first floor (2,040 sq ft) is offered at $2,720 per month and features four exam rooms, a lab, waiting room, and reception area, ideal for medical practices. The second floor (1,843 sq ft), available…

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 · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$327k
Assessed land$76k
Assessed improvement$251k
Effective rate3.84%

Value estimate

· Sep 2026
$365k
$329k – $402k
AI approach$255k

Realmo valuation models over county records and 5 qualifying comparable sales.

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
Qualifying comparables5

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 Repair9.6
Pawn Shop9.0
Watch Repair Shop8.8

Location

45 Franklin St New London, CT 06320-5920
County assessor Recorded deeds · not on file 5 qualifying comp sales 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
212 Montauk, New London, CT 06320-4826 $180,000 May 2025 4,300 SF
204 Bank, New London, CT 06320-6054 $400,000 Mar 2025 3,945 SF
165 Bank, New London, CT 06320-6003 $350,000 Mar 2025 4,002 SF
227 Jefferson, New London, CT 06320-3665 $676,081 Mar 2025 4,383 SF
377 Bank, New London, CT 06320-5525 $102,900 Oct 2024 3,718 SF
76 Truman, New London, CT 06320 $500,000 Oct 2024 5,067 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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