Property profile

461 Main St Niantic, CT 06357

OFF-MARKET
Office buildings
Property ID
US15-1234536
2,148 SF 0.47 ac lot Built 1887
Individually Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1887
Construction FRAME
Total area 2,148 SF
Lot 0.47 ac (20,473 SF)
Zoning code CB
APN ELYM M:011.2 B:00156 L:00000
UPID US15-1234536

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
  • Medical Clinic
  • Marriage Or Relationship Counselor
  • Physician
  • Foster Care Service Social Service Agency
  • Counselor

Location

461 Main St Niantic, CT 06357-3103
Niantic metro Census 870704 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2017
5 recorded transactions
2017
$433,500
2011
$280,000
2005
$300,000
2003
Price N/A
1994
Price N/A

Zoning & alternative use

CB · Niantic, CT

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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