Financial
Distress signals
Property profile

48 Lafayette St Norwich, CT 06360

OFF-MARKET
Showrooms
Property ID
US15-1224390
3,144 SF 0.34 ac lot Built 1895
Last sale Aug 2005 · $265,000
Individually Owned Owner of record is an individual. 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Norwich, CT commercial property, located at 48 Lafayette Street, offers 3,144 square feet of versatile office space in a beautifully converted historic home. Situated on a 0.34-acre lot in New London County, this single-tenant property boasts six offices: two spacious main floor offices available for $500 per month each, and four additional upstairs offices at $450 per month each. All utilities, including heat and central air, are included in the rental price. Shared common…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$8k
Tax billed · 2023
Assessed value$169k
Assessed land$32k
Assessed improvement$137k
Effective rate4.86%

Value estimate

· Sep 2026
$240k
$216k – $264k
AI approach$240k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$63/SF
ZIP average, outlier-cleaned · 86 recorded sales of this use type
Observed band · Q1–Q3$34 – $87
Qualifying comparables4

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?
NC
Neighborhood Commercial District NC Norwich State Hospital District NSD Planned Development Design District PDD Regional Commercial Distr...
General categoryCOMMERCIAL
JurisdictionNORWICH

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.6
Electrical Service10.0
Building Supply9.9

Location

48 Lafayette St Norwich, CT 06360-3408
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales 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 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
128 Broadway, Norwich, CT 06360-4492 $235,000 May 2025 3,083 SF
105 Town, Norwich, CT 06360-2263 $1,950,000 May 2025 2,867 SF
273 Central, Norwich, CT 06360-3826 $215,000 Jan 2025 4,052 SF
327 Central, Norwich, CT 06360-3212 $100,000 Jan 2025 3,096 SF
65 Town, Norwich, CT 06360-2226 $156,000 Dec 2024 2,457 SF
174 Town, Norwich, CT 06360-2112 $400,000 Nov 2024 4,706 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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