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    Property profile & analytics

    50 Reed St New London, CT 06320

    • Commercial land
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 13, 2023
    $110,000
    Location Intelligence
    Property ID
    US15-0753389
    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 50 Reed St

    Lot size
    0.12 lot acres
    Property type
    Commercial land
    APN
    NLON M:F13 B:0152 L:0003
    APU
    NLONMF13B0152L0003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    New London
    State
    Connecticut
    Longitude
    -72.1012
    Latitude
    41.3521
    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
    $1,046
    $26,110
    $1,120
    $27,230
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      25 Reed St

      VACANT COMMERCIAL LAND • 0.13 Acres
      25 Reed St, New London, CT 06320-5627
      View Details
    • Value Estimation by Request
      0.15 Acres

      15 Waldo St

      VACANT COMMERCIAL LAND • 0.15 Acres
      15 Waldo St, New London, CT 06320
      View Details
    • Value Estimation by Request
      0.30 Acres

      5th Ave

      VACANT COMMERCIAL LAND • 0.30 Acres
      5th Ave, New London, CT 06320
      View Details
    • Value Estimation by Request
      0.11 Acres

      37 Eastern Ave

      VACANT COMMERCIAL LAND • 0.11 Acres
      37 Eastern Ave, New London, CT 06320-6411
      View Details
    • Value Estimation by Request
      0.05 Acres

      145 Grn St

      VACANT COMMERCIAL LAND • 0.05 Acres
      145 Grn St, New London, CT 06320-6031
      View Details
    • Value Estimation by Request
      0.30 Acres

      113 Jefferson Ave

      VACANT COMMERCIAL LAND • 0.30 Acres
      113 Jefferson Ave, New London, CT 06320
      View Details

    Similar Nearby for Sale

    • $245,000

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      Commercial land available for sale.
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    • Contact for pricing
      2.00 Acres

      New London Commercial Land Assemblage

      Four-acre redevelopment opportunity in prime location.
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    • $60,000
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      Quarter acre lot zoned for single family residence in New London.
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      Land For Sale

      Land available for sale.
      139 Vauxhall St, New London, CT 06320
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    • Contact for pricing

      Land Available in New London

      Land for sale at 377 Colman St, New London, CT.
      377 Colman St, New London, CT 06320
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    • $360,000

      Land For Sale

      Land available for sale.
      26 Jefferson Ave, New London, CT 06320
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      14,096 SF

      Downtown New London Retail Space

      Prime Retail Space, 1500 sq ft available.
      24 Bank St, New London, CT 06320
      View Details
    • $9 SF/Yr
      7,086 SF

      New London Office Space Available

      Flexible Workspaces in CT
      125 Eugene O'neill Dr, New London, CT 06320
      View Details
    • $750 /Mo
      8,475 SF

      Downtown New London Innovation Center

      Single office space in downtown New London's Innovation Center.
      92 Eugene Oneill Dr, New London, CT 06320
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    • $599 /Mo
      262 SF

      Office Spaces Overlooking Shaw's Cove

      Office spaces available for rent in New London, Connecticut.
      70 Howard St, New London, CT 06320
      View Details
    • $1,692 /Mo
      1,415 SF

      Office Spaces Overlooking Shaw's Cove

      Various office spaces available for rent near Shaw's Cove Park.
      88-A Howard St, New London, CT 06320
      View Details
    • $1,750 /Mo
      5,200 SF

      Downtown New London Office/Retail Spaces

      Office and retail spaces for lease in downtown New London.
      27 Bank St, New London, CT 06320
      View Details
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    50 Reed St
    New London, CT 06320
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    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
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