Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

464 Ocean Ave New London, CT 06320

  • Showrooms
  • 10,500 SF
  • 0.19 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US15-0289984
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

  • New England Cognitive Center Inc / Psychologist
  • Saeed's International Market / Grocery Store
  • Lucy Solari / Marriage Or Relationship Counselor
  • L & M Healthcare Workers Union / Labor Union

Property Details for 464 Ocean Ave

Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.19 lot acres
Property size
10,500 SF
Property type
Showrooms
APN
NLON M:E20 B:0065 L:0034
APU
NLONME20B0065L0034

Description

This exceptional executive office space at 464 Ocean Avenue in New London, CT, offers five distinct suites for lease, ranging from 150 to 1,700 square feet. The entire 3,920 square foot building is currently available. Each suite is ideal for small businesses or entrepreneurs seeking a professional and convenient work environment. Lease options include a 1,700 sq ft space at $2,100 per month, a 1,000 sq ft space at $1,300 per month, a 900 sq ft space at $1,200 per month, a 170 sq ft space at $450 per month, and a 150 sq ft space at $400 per month. The building is a three-story structure equipped with a convenient elevator for easy access to all floors. Tenant responsibilities include electricity, while the landlord covers heating, air conditioning, and water costs. Ample parking is available in the lot located at the rear of the building. This property presents a unique opportunity to establish a presence in a desirable New London location, offering a blend of modern amenities and convenient features. The address is 464 Ocean Ave, New London, CT 06320. The property is categorized as an executive office space with multiple tenancy options.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $621,000
    Market price range: $409k - $1.21M
    AI Estimate
    $582,000
    Market price range: $409k - $1.26M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $815,000
    Current use
    APARTMENT HOUSE (5+ UNITS)
    $955,000
    Change: +17% Conversion: Moderate

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
New London
County
New London
State
Connecticut
Longitude
-72.1041
Latitude
41.3336
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
$19,293
$24,290
$493,780
$518,070
-
$0.00
$0.00
$0.00
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