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    Property profile & analytics

    81 Pennsylvania Ave Niantic, CT 06357-3218

    • Showrooms
    • 6,320 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $135,000
    Last Sale
    Jun 12, 2020
    $130,150
    Location Intelligence
    Property ID
    US15-0481850
    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

    • Mc Keever Brendan P / Attorney
    • Mc Keever & Mc Keever PC / Attorney
    • Margaret La Branche Deputy / County Court
    • Sunless By Kristin / Beauty Salon
    • My Dog's Place LLC / Pet Groomer

    Property Details for 81 Pennsylvania Ave

    Year built
    1964
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.49 lot acres
    Property size
    6,320 SF
    Zone code
    CB
    Property type
    Showrooms
    APN
    ELYM M:017.3 B:00213 L:00000
    APU
    ELYMM0173B00213L00000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $125,000

    • CAP approach

      CAP return
      Estimation
      6%
      $175,000
      6.5%
      $160,000
      7%
      $170,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $180,000
      Geo Method
      $185,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $150,000
      Retail
      $155,000
      Mixed-Use
      $175,000
      Hospitality
      $185,000
      Educational
      $185,000
      Residential Income
      $180,000
      Energy
      $180,000
      Income-Based Land
      $145,000
      Food Service
      $160,000

    Location Insight

    • Map
    • Local Demand
    City
    Niantic
    County
    New London
    State
    Connecticut
    Longitude
    -72.1928
    Latitude
    41.3265
    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
    $10,096
    $153,020
    $252,770
    $405,790
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $195,000
      1,734 SF

      315 Main St

      SHOW ROOM, WAREHOUSE • 1,734 SF
      315 Main St, Niantic, CT 06357-3128
      View Details
    • Value Estimation
      $100,000
      1,210 SF

      7 Hope St

      SHOW ROOM, WAREHOUSE • 1,210 SF
      7 Hope St, Niantic, CT 06357-2447
      View Details
    • Value Estimation
      $320,000
      3,330 SF

      147 Main St

      SHOW ROOM, WAREHOUSE • 3,330 SF
      147 Main St, Niantic, CT 06357
      View Details
    • Value Estimation by Request
      8,881 SF

      13 Main St

      SHOW ROOM, WAREHOUSE • 8,881 SF
      13 Main St, Niantic, CT 06357-2319
      View Details
    • Value Estimation
      $240,000
      4,782 SF

      44 Black Pt Rd

      SHOW ROOM, WAREHOUSE • 4,782 SF
      44 Black Pt Rd, Niantic, CT 06357-2304
      View Details
    • Value Estimation by Request
      1,507 SF

      267 Flanders Rd

      SHOW ROOM, WAREHOUSE • 1,507 SF
      267 Flanders Rd, Niantic, CT 06357
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
      3,000 SF

      Niantic Retail Opportunity For Sale

      Retail property with double drive-thru and abundant parking.
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    Similar Nearby for Lease

    • $14 SF/Yr
      1,925 SF

      Niantic Office Space For Lease

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      179 Flanders Rd, East Lyme, CT 06357
      View Details
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      Modern flex spaces with overhead doors and A/C for rent.
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      View Details
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      Modern flex space, I-95 access, 800-4000 sqft.
      11 Freedom Way & Liberty Way, East Lyme, CT 06357
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    • $1,560 /Mo
      1,664 SF

      Industrial Warehouse Space For Lease

      1,664 SF warehouse space available for lease.
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      View Details
    • $1,600 /Mo

      Apartment Near Giants Neck Beach

      Two-bedroom apartment with beach access and in-unit laundry.
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      View Details
    • $2,200 /Mo

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      Remodeled half duplex near beaches, shops, and restaurants.
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      View Details
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    81 Pennsylvania Ave
    Niantic, CT 06357-3218
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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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