500 NorwichTaftville, CT 06380
- Showrooms
- 9,000 SF
Off market
$13,124,720 Estimated
Property Details for 500 Norwich
- Year built
- 1990
- Construction
- FRAME
- Lot size
- 1.31 AC
- Property size (Sq ft)
- 9,000 SF
- Zone code
- GC/R20
- Property type
- Showrooms
- APN
- NORW M:47 B:4 L:32
- APU
- NORWM47B4L32
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,702,510
- 6.5%
- $1,571,550
- 7%
- $1,459,300
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,222,980
- Geo Method
- $1,222,980
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $3,064,680
- Mixed-Use / Specialty
- $1,565,950
- Hospitality / Lodging
- $1,148,890
- Office
- $1,556,640
- Institutional / Educational
- $1,627,950
- Residential Income
- $1,904,710
- Multifamily
- $2,284,400
- Automotive / Energy
- $1,395,390
- Parking / Income-Based Land
- $481,532
- Restaurant / Food Service
- $814,461
- Healthcare / Senior Housing
- $1,605,850
Location Insight
- City
- Taftville
- County
- New London
- State
- Connecticut
- Latitude
- 41.5668
- Longitude
- -72.047
- 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
$18,703
$81,900
$365,000
$446,900
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Comparable in this City
Similar Nearby for Sale
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