Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5 Commerce Cir Griswold, CT 06351

    • Commercial land
    • 1.99 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 23, 2023
    Location Intelligence
    Property ID
    US15-1209756
    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

    • Commercial land

    Property Details for 5 Commerce Cir

    Lot size
    1.99 lot acres
    Zone code
    C1
    Property type
    Commercial land
    APN
    GRIS M:48 B:100 L:101.3
    APU
    GRISM48B100L1013

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Griswold
    County
    New London
    State
    Connecticut
    Longitude
    -71.9617
    Latitude
    41.5921
    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
    $1,672
    $66,710
    $0.00
    $66,710
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      15.00 Acres

      Riv Rd

      VACANT COMMERCIAL LAND • 15.00 Acres
      Riv Rd, Lisbon, CT 06351
      View Details
    • Value Estimation by Request
      0.20 Acres

      9 Soule St

      VACANT COMMERCIAL LAND • 0.20 Acres
      9 Soule St, Griswold, CT 06351-2216
      View Details
    • Value Estimation by Request
      0.92 Acres

      441 Voluntown Rd

      VACANT COMMERCIAL LAND • 0.92 Acres
      441 Voluntown Rd, Griswold, CT 06351-2642
      View Details
    • Value Estimation by Request
      0.49 Acres

      95 Main St

      VACANT COMMERCIAL LAND • 0.49 Acres
      95 Main St, Griswold, CT 06351
      View Details
    • Value Estimation by Request
      64.50 Acres

      Preston Allen Rd

      VACANT COMMERCIAL LAND • 64.50 Acres
      Preston Allen Rd, Lisbon, CT 06351
      View Details
    • Value Estimation by Request
      5.57 Acres

      143 Burnham Hwy

      VACANT COMMERCIAL LAND • 5.57 Acres
      143 Burnham Hwy, Lisbon, CT 06351-3007
      View Details

    Similar Nearby for Sale

    • $425,000
      15.60 Acres

      Griswold Commercial Land with Ranch

      15.6-acre Griswold property with C1 zoning and ranch.
      576 Voluntown Rd, Griswold, CT 06351
      View Details
    • $495,000

      Voluntown Development Land For Sale

      18+/- acre development land with road frontage in Voluntown.
      47 N Shore Rd, Voluntown, CT 06351
      View Details
    • $1,795,000

      Griswold Commercial Land For Sale

      Commercial land available in Griswold, Connecticut.
      3 Commerce Cir, Griswold, CT 06351
      View Details
    • $375,000
      Pending

      Griswold Commercial Land Available

      25.49 acres of commercial land in Griswold, Connecticut.
      523 Voluntown Rd, Griswold, CT 06351
      View Details
    • $119,900

      Commercial Lot in Griswold, CT

      0.92 acre commercial lot, approved and ready for development.
      4 Commerce Cir, Griswold, CT 06351
      View Details
    • $119,900

      Griswold Commercial Lot For Sale

      0.93 acre commercial lot in Griswold, CT, ready for development.
      6 Commerce Cir, Griswold, CT 06351
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,600 SF

      Norwich Retail Space Available

      2600 sq ft retail space for rent.
      85 Main St, Norwich, CT 06351
      View Details
    • $3,000 /Mo

      Renovated Commercial Space on Route

      Partially renovated 3400 sq. ft. commercial space for rent.
      167 Slater Ave, Griswold, CT 06351
      View Details
    • $1,700 /Mo

      Residential Income Property For Rent

      Residential income property available for rent in Griswold, CT.
      19 Hawkins St, Griswold, CT 06351
      View Details
    • $1,350 /Mo
      1,000 SF

      Versatile Retail/Office Space Available

      Adaptable space suitable for retail, restaurant, or office use.
      74 North Main St, Griswold, CT 06351
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5 Commerce Cir
    Griswold, CT 06351
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.