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Property profile & analytics
OFF-MARKET
Estimated value
$5,205,000
Industrial properties
9 Wisconsin Ave Norwich, CT 06360-1562
Entity Owned
10-yr Hold
Free & Clear
Property ID
US15-1295196
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
136,000 SF
Lot
11.63 ac (506,603 SF)
Zoning code
BP
APN
NORW M:42 B:1 L:1
UPID
US15-1295196
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Sheffield Pharmaceutical Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.59M
Blend (final)
Blend
$5.21M
Owner & transaction history
Norwich Warehouse LLC · 10 yrs held
Norwich Warehouse LLC
since 2016
7 recorded transactions
Zoning & alternative use
BP · Norwich, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.5M
+2.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Norwich submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwich submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,315,000
Current use
COMMERCIAL (GENERAL)
$8,525,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$5.21M
Range $4.68M – $5.73M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$38 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$139,494
Tax year 2023
Assessed value
$3,333,200
Assessed 2023
Previous assessed
$3,333,200
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$756,100
Assessed improvement
$2,577,100
Applied tax rate
386.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
136,000 SF
Lot
11.63 ac (506,603 SF)
Zoning code
BP
APN
NORW M:42 B:1 L:1
UPID
US15-1295196
Jurisdiction
NORWICH
Zoning & alternative use
BP · Norwich, CT
Zoning BP · permitted uses
BP · Norwich, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norwich. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$8.3M
COMMERCIAL (GENERAL)
Est. value
$8.5M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
11.63 ac
Current owner
From public records · entity-resolved
Norwich Warehouse LLC
Entity
Free & Clear · 10 yrs held
Mailing address
2727 N HARWOOD ST STE #300, DALLAS, TX 75201-2407
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2016
$5,360,000
Norwich Warehouse LLC
Spirit Master Funding 10
Warranty Deed
—
Jun 3, 2016
—
Enhanced Capital Ct Fund
—
Deed
related
$4,250,000 · Norwich Warehouse LLC
Dec 10, 2014
$3,700,000
Norwich Warehouse LLC
Tentech LLC
Warranty Deed
$3,304,000 · Tentech LLC
May 4, 2012
—
Tentech LLC
9 S Wisconsin Ave LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Jan 18, 2000
$2,400,000
Win Holdings Intl INC
Decorative Screen Prnt
Warranty Deed
related
$1,800,000 · Tolland Bank
May 26, 1999
—
Screen Prin Decorative
—
Deed Of Trust
related
$6,000,000 · Cit Group Consumer Fin
—
—
Enhanced Capital Ct Fund
—
Deed Of Trust
related
$4,250,000 · Norwich Warehouse LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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