Financial
Distress signals
Property profile

47 Shipping St Norwich, CT 06360

OFF-MARKET
Industrial land
Property ID
US15-0323342
1.21 ac lot
Last sale Feb 1988 · $200,000
Individually Owned Owner of record is an individual. 38-yr Hold Held for 38 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?

$2k
Tax billed · 2023
Assessed value$34k
Assessed land$34k
Effective rate4.86%
Value estimate · Sep 2026
$220k
$198k – $242k
AI approach$220k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$61/SF
County average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$25 – $80
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

What can be built here?

WD
Use Category Principal Use R-80 R-40 R-20 R-15 R-10 MF BP CC GC IPMR NC NSD PDD RC WD GFZ Use Standards COMMERCIAL USES Adult-Oriented Ad...
General categoryUNKNOWN
JurisdictionNORWICH
Location intelligence

Which uses thrive at this corner?

Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant11.9
Law Firm10.5
Wholesale Shop11.6

Location

47 Shipping St Norwich, CT 06360-6835
County assessor Recorded deeds · 1 transfer Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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More about this property
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