275 MainColchester, CT 06415

  • Other commercial real estate
  • 5,511 SF
Off market
$45,385,210 Estimated

Property Details for 275 Main

Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
4.53 AC
Property size (Sq ft)
5,511 SF
Zone code
TC
Property type
Other commercial real estate
Property subtype
Showrooms
APN
COLC M:012 B:000 L:005-000
APU
COLCM012B000L005000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,339,365
    6.5%
    $1,236,337
    7%
    $1,148,028
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,814,570
    Geo Method
    $1,814,570
  • Alternative Use

    Use
    Valuation
    Residential
    $1,042,897
    Hospitality
    $955,288
    Educational
    $794,788
    Medical
    $822,122
    Retail
    $1,236,337
275 Main, Colchester, Connecticut

Location Insight

City
Colchester
County
New London
State
Connecticut
Latitude
41.5702
Longitude
-72.3281
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
$14,560
$247,800
$287,100
$534,900
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-
-
-

FAQs

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