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

    98 Burnham Hwy Lisbon, CT 06351-2908

    • Investment properties
    • 1.19 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US15-0804070
    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

    • Investment properties

    Property Details for 98 Burnham Hwy

    Year built
    1988
    Lot size
    1.19 lot acres
    Zone code
    C1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    LISB M:10 B:036 L:0000
    APU
    LISBM10B036L0000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $270,000
      6.5%
      $325,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $275,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $300,000
      Mixed-Use
      $265,000
      Hospitality
      $265,000
      Educational
      $235,000
      Residential Income
      $290,000
      Energy
      $270,000
      Income-Based Land
      $260,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Lisbon
    County
    New London
    State
    Connecticut
    Longitude
    -72.0154
    Latitude
    41.6147
    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
    2024
    $3,503
    $62,480
    $75,270
    $137,750
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $205,000
      1,800 SF

      96-98 Slater Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,800 SF
      96-98 Slater Ave, Griswold, CT 06351
      View Details
    • Value Estimation
      $395,000
      4,170 SF

      108 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,170 SF
      108 Main St, Griswold, CT 06351-2238
      View Details
    • Value Estimation
      $180,000
      2,648 SF

      92 Campbell Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,648 SF
      92 Campbell Rd, Griswold, CT 06351-1629
      View Details
    • Value Estimation
      $295,000
      2,979 SF

      2 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,979 SF
      2 Main St, Griswold, CT 06351-2255
      View Details
    • Value Estimation
      $315,000
      7,422 SF

      46 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,422 SF
      46 Main St, Griswold, CT 06351-2212
      View Details
    • Value Estimation
      $370,000
      6,686 SF

      490 Voluntown Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 6,686 SF
      490 Voluntown Rd, Griswold, CT 06351-2641
      View Details

    Similar Nearby for Sale

    • $500,000
      4,660 SF

      Mixed-Use Property with Income Potential

      Commercial space with residential apartment, ideal for diverse business ventures.
      167-169 Slater Ave, Griswold, CT 06351
      View Details
    • $649,999
      Pending

      Griswold Mixed-Use Property For Sale

      Two-family home and steel building suitable for commercial use.
      730 Plainfield Rd, Griswold, CT 06351
      View Details
    • $389,000

      Griswold Multifamily Property for Sale

      Multifamily property in Griswold, CT, available for purchase.
      52 Sheldon Rd, Griswold, CT 06351
      View Details
    • $595,000

      34.5 Acres Former Landscape Nursery

      34.5 acres with rental apartment building in Griswold, CT.
      61 Lily Pond Rd, Griswold, CT 06351
      View Details
    • $374,900

      Lakefront Cottage with Income Potential

      Charming, fully furnished 2-bedroom cottage on the lake.
      71 Lake Rd, Griswold, CT 06351
      View Details
    • $88,500

      Lisbon Mobile Home with Waterviews

      Affordable 2-bedroom mobile home with waterviews in low-tax Lisbon.
      210 Bundy Hill Rd, Norwich, CT 06351
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,600 SF

      Norwich Retail Space Available

      2600 sq ft retail space for rent.
      85 Main St, Norwich, CT 06351
      View Details
    • $3,000 /Mo

      Renovated Commercial Space on Route

      Partially renovated 3400 sq. ft. commercial space for rent.
      167 Slater Ave, Griswold, CT 06351
      View Details
    • $1,700 /Mo

      Residential Income Property For Rent

      Residential income property available for rent in Griswold, CT.
      19 Hawkins St, Griswold, CT 06351
      View Details
    • $1,350 /Mo
      1,000 SF

      Versatile Retail/Office Space Available

      Adaptable space suitable for retail, restaurant, or office use.
      74 North Main St, Griswold, CT 06351
      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.
    98 Burnham Hwy
    Lisbon, CT 06351-2908
    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.