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    Property profile & analytics

    75 Granite St New London, CT 06320

    • Commercial real estate
    • 0.39 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US15-1056918
    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

    • Suzanne Cohen-Ireylikhman, MFT / Marriage Or Relationship Counselor
    • AM PM Siding / Siding Contractor
    • Spectrum Family Therapy / Mental Health Service
    • Courtney Mccall / Marriage Or Relationship Counselor
    • Courtney Haynes / Marriage Or Relationship Counselor

    Property Details for 75 Granite St

    Lot size
    0.39 lot acres
    Property type
    Commercial real estate
    APN
    NLON M:E10 B:0234 L:0009
    APU
    NLONME10B0234L0009

    Description

    This exceptional opportunity presents multiple creative office spaces for lease in a beautifully maintained 1920s building located at 75 Granite Street, New London, CT 06320. The property, zoned R-4 and situated within an Opportunity Zone, offers a total of 2,271 square feet of vacant space, currently divisible into units ranging from 128 to 325 contiguous square feet. Three individual office spaces are immediately available, with sizes varying from 81 to 330 square feet. Monthly rent starts at $180, which includes all utilities. Shared amenities include a well-equipped kitchen, bathrooms, and a convenient conference room. The building boasts refinished hardwood floors and ample parking, both on and off-street. Its prime location offers easy access to I-95 and enjoys a highly desirable setting across from Williams Park, with frontage on both Granite and Channing Streets. Detailed floor plans and a complete rent schedule are available upon request. This is an ideal location for small businesses or entrepreneurs seeking a professional and convenient workspace in a vibrant New London setting. The property is situated in New London County.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $320,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $345,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $290,000
      Mixed-Use
      $370,000
      Hospitality
      $305,000
      Educational
      $285,000
      Residential Income
      $360,000
      Energy
      $290,000
      Income-Based Land
      $300,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    New London
    County
    New London
    State
    Connecticut
    Longitude
    -72.104
    Latitude
    41.36
    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
    $14,773
    $72,520
    $324,170
    $396,690
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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    • Value Estimation by Request
      31,956 SF

      400 Bayonet St

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      View Details

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    75 Granite 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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