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    Property profile & analytics

    45 Richards Grv Rd Waterford, CT 06375

    • Industrial properties
    • 4.90 lot acres
    For Sale
    View listing
    $1,500,000
    Value Estimation
    Location Intelligence
    Property ID
    US15-0349398
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 45 Richards Grv Rd

    Lot size
    4.90 lot acres
    Zone code
    WD
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    WFRD M:55 L:6518
    APU
    WFRDM55L6518

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Quaker Hill
    County
    New London
    State
    Connecticut
    Longitude
    -72.1033
    Latitude
    41.3962
    CBSA code
    35980
    CBSA name
    NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $30,278
    $426,170
    $1,002,060
    $1,428,230
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $300,000
      504 SF

      6 Old Norwich Rd

      INDUSTRIAL (GENERAL) • 504 SF
      6 Old Norwich Rd, Quaker Hill, CT 06375
      View Details
    • Value Estimation
      $470,000
      19,564 SF

      51 Norwich Rd

      INDUSTRIAL (GENERAL) • 19,564 SF
      51 Norwich Rd, Quaker Hill, CT 06375-1146
      View Details
    • Value Estimation
      $165,000
      386 SF

      40 Norwich Rd

      SHOW ROOM, WAREHOUSE • 386 SF
      40 Norwich Rd, Quaker Hill, CT 06375-1139
      View Details
    • Value Estimation by Request
      25,000 SF

      45 Richards Grv Rd

      Commercial real estate • 25,000 SF
      45 Richards Grv Rd, Waterford, CT 06375
      View Details
    • Value Estimation by Request
      26.80 Acres

      957 Vauxhall St Ext

      INDUSTRIAL - VACANT LAND • 26.80 Acres
      957 Vauxhall St Ext, Quaker Hill, CT 06375-1037
      View Details
    • Value Estimation by Request
      8,400 SF

      30 Norwich Rd

      SHOW ROOM, WAREHOUSE • 8,400 SF
      30 Norwich Rd, Quaker Hill, CT 06375-1147
      View Details

    Similar Nearby for Sale

    • $1,500,000

      Waterfront 4.9 Acre Commercial Property

      Waterfront 4.9 acre property with warehouse and development potential.
      45 Richards Grove Rd, Quaker Hill, CT 06375
      View Details
    • $129,900
      Pending

      Private 5-Acre Residential Land

      Private 5-acre residential lot in Waterford, CT.
      982 Vauxhall Street Ext, Waterford, CT 06375
      View Details
    • $1,500,000
      25,000 SF

      45 Richards Grv Rd, Waterford, CT 06375

      Commercial real estate • 25,000 SF
      45 Richards Grv Rd, Waterford, CT 06375
      View Details
    • $325,000

      Commercial Building with Development Potential

      2,853 SF commercial building with approvals for expansion.
      100 Old Norwich Rd, Quaker Hill, CT 06375
      View Details

    Similar Nearby for Lease

    • $2,350 /Mo

      Updated Two-Bedroom Apartment For Rent

      First-floor unit with updated kitchen, bathroom, and included utilities.
      11 Old Colchester Rd, Quaker Hill, CT 06375
      View Details
    • $1,600 /Mo

      Quaker Hill Two Bedroom Apartment

      Second-floor, two-bedroom apartment with parking and shared laundry.
      486 Mohegan Avenue Pkwy, Quaker Hill, CT 06375
      View Details
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    45 Richards Grv Rd
    Waterford, CT 06375
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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