Property profile

470 Norwich Rd Salem, CT 06420

OFF-MARKET
Investment properties
Property ID
US15-0383581
43.13 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 43.13 ac (1,878,791 SF)
Zoning code RU-A
APN SALE M:12 B:012 L:A00
UPID US15-0383581

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
  • Housing Development

Location

470 Norwich Rd Salem, CT 06420-3943
Salem metro Census 715100 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$11.85M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$11.85M

Owner & transaction history

since 2024
Last sale
$11.9M
3 recorded transactions
2024
$11.9M
2021
Price N/A
2018
Price N/A

Zoning & alternative use

RU-A · Salem, 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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