Property profile

81 Norwich Westerly Rd North Stonington, CT 06359

OFF-MARKET
Office buildings
Property ID
US15-0484242
3,360 SF 4.25 ac lot Built 2017
Entity Owned Free & Clear
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Property summary

AI-generated overview

The property consists of an architecturally designed Morton building sited on 4.25 acres and containing approximately 3,360 square feet of interior space configured for commercial use. The layout includes a large commercial kitchen and additional support areas such as a shipping and receiving room for storage, deliveries, and order shipments. The storefront features high ceilings and exposed beams, and the building is approved for a 24-seat business, supporting uses such as a restaurant, café, market, or events venue. Included kitchen and food-prep equipment comprises a dishwasher, two eight-burner gas stoves, a hood/ancillary system, walk-in cooler and freezer, and a standby generator; these items were purchased new in 2017. The building has radiant heated flooring and air conditioning throughout, including in the kitchen. There is an exterior area that can support future expansion, and the property is located on Route 2 with access to nearby major routes including Route 95, and the communities of Westerly and Mystic. The building is described as having a 35-year warranty.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2017
Construction STEEL FRAME
Total area 3,360 SF
Lot 4.25 ac (185,130 SF)
Zoning code EDD
APN NSTO M:122 L:0956
UPID US15-0484242

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

81 Norwich Westerly Rd North Stonington, CT 06359-1713
North Stonington metro Census 707100 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2025
5 recorded transactions
2025
$1.2M
2016
$220,000
1989
Price N/A
1988
Price N/A
1987
$3,000

Zoning & alternative use

EDD · North Stonington, CT
General category UNKNOWN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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