1592 Rte 12Gales Ferry, CT 06335

  • Showrooms
  • 4,866 SF
Off market
$10,720,070 Estimated

Property Details for 1592 Rte 12

Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.07 AC
Property size (Sq ft)
4,866 SF
Zone code
GFDD
Property type
Showrooms
APN
LEDY M:106 B:2120 L:1592
APU
LEDYM106B2120L1592

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $920,492
    6.5%
    $849,685
    7%
    $788,993
  • Comparable approach

    Method
    Valuation
    Relative Method
    $661,223
    Geo Method
    $661,223
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,656,970
    Mixed-Use / Specialty
    $846,656
    Hospitality / Lodging
    $621,164
    Office
    $841,626
    Institutional / Educational
    $880,180
    Residential Income
    $1,029,810
    Multifamily
    $1,235,100
    Automotive / Energy
    $754,440
    Parking / Income-Based Land
    $260,348
    Restaurant / Food Service
    $440,352
    Healthcare / Senior Housing
    $868,229

Location Insight

City
Gales Ferry
County
New London
State
Connecticut
Latitude
41.4198
Longitude
-72.0768
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
$7,797
$79,660
$145,950
$225,610
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-
-
-

FAQs

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