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

    532 New London Rd Colchester, CT 06415-1827

    • Industrial properties
    • 6,300 SF
    • 5.01 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US15-0128092
    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

    • Affordable CDL Training School / Driving School
    • Glenn Drilling / Well Drilling Contractor

    Property Details for 532 New London Rd

    Year built
    1988
    Construction
    STEEL FRAME
    Lot size
    5.01 lot acres
    Property size
    6,300 SF
    Zone code
    RU
    Property type
    Industrial properties
    APN
    COLC M:001 B:010 L:03A-000
    APU
    COLCM001B010L03A000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $365,000
      6.5%
      $320,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $310,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $295,000
      Retail
      $285,000
      Mixed-Use
      $340,000
      Hospitality
      $335,000
      Educational
      $320,000
      Residential Income
      $310,000
      Energy
      $335,000
      Income-Based Land
      $305,000
      Food Service
      $385,000

    Location Insight

    • Map
    • Local Demand
    City
    Colchester
    County
    New London
    State
    Connecticut
    Longitude
    -72.2985
    Latitude
    41.5262
    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
    $5,256
    $92,200
    $100,900
    $193,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      70,215 SF

      87 Upton Rd

      INDUSTRIAL (GENERAL) • 70,215 SF
      87 Upton Rd, Colchester, CT 06415-2712
      View Details
    • Value Estimation
      $660,000
      24,530 SF

      226 Upton Rd

      INDUSTRIAL (GENERAL) • 24,530 SF
      226 Upton Rd, Colchester, CT 06415-2712
      View Details
    • Value Estimation
      $425,000
      16,450 SF

      639 Old Hartford Rd

      INDUSTRIAL (GENERAL) • 16,450 SF
      639 Old Hartford Rd, Colchester, CT 06415-2418
      View Details
    • Value Estimation by Request
      207,049 SF

      75 Ml St

      INDUSTRIAL (GENERAL) • 207,049 SF
      75 Ml St, Colchester, CT 06415-1263
      View Details
    • Value Estimation
      $180,000
      10.19 Acres

      13 Homonick Rd

      INDUSTRIAL (GENERAL) • 10.19 Acres
      13 Homonick Rd, Colchester, CT 06415-1911
      View Details
    • Value Estimation
      $945,000
      11,900 SF

      199 Upton Rd

      INDUSTRIAL (GENERAL) • 11,900 SF
      199 Upton Rd, Colchester, CT 06415-2712
      View Details

    Similar Nearby for Sale

    • $1,100,000
      22,609 SF

      Colchester Mixed-Use Investment Opportunity

      Income-producing mixed-use property with development potential on 8+ acres.
      16 Dr Foote Rd, Colchester, CT 06415
      View Details
    • $999,999

      Colchester Development Opportunity

      Land in Colchester's New Business Park District.
      255-275 Parum Rd, Colchester, CT 06415
      View Details
    • $590,000

      Colchester Specialty Property For Sale

      Specialty property available for purchase in Colchester, Connecticut.
      80 Sashel Ln, Colchester, CT 06415
      View Details
    • $859,600

      Colchester Specialty Property For Sale

      Specialty property available for purchase in Colchester, Connecticut.
      152 Stanavage Rd, Colchester, CT 06415
      View Details
    • $255,000

      Colchester Specialty Property For Sale

      Specialty property available for purchase in Colchester, Connecticut.
      168 Park Ave, Colchester, CT 06415
      View Details
    • $619,900

      Colchester Specialty Property For Sale

      Specialty property available for purchase in Colchester, Connecticut.
      35 Brookstone Dr, Colchester, CT 06415
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      3,800 SF

      Warehouse Space with High Ceilings

      Cold warehouse space suitable for contractor or landscaper.
      96 Lebanon Ave, Colchester, CT 06415
      View Details
    • Contact for pricing
      43,560 SF

      Route 16 Commercial Land Opportunity

      Prime Route 16 commercial land, join Chipotle!
      131 Linwood Ave, Colchester, CT 06415
      View Details
    • $2,800 /Mo

      New Colchester Town Center Apartment

      Brand-new apartment near Colchester's town center, shops, and restaurants.
      481 Norwich Ave, Colchester, CT 06415
      View Details
    • $12 SF/Yr

      Versatile Retail Space in Colchester

      3,200 SF retail space in well-known Colchester plaza.
      493 Westchester Rd, Colchester, CT 06415
      View Details
    • $300 /Mo
      6,952 SF

      Colchester, CT Retail & Office Space

      Prime Colchester location, multiple suites available.
      179 Linwood Ave, Colchester, CT 06415
      View Details
    • $700 /Mo
      300 SF

      Downtown Colchester Office Space Available

      Second-floor office space in downtown Colchester with parking.
      63 Norwich Ave, Colchester, CT 06415
      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.
    532 New London Rd
    Colchester, CT 06415-1827
    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.