Commercial Real Estate in Norwich – Page 8 | Reonomy

Commercial Real Estate in Norwich – Page 8

Unlock property data on 3,871 commercial properties in Norwich. Search through Norwich property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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Norwich commercial real estate sold prices and values

Values and sold prices (last 24 months) United States Connecticut Norwich
Average price/sqft -- $3,633 $2,570
Average sold price -- $569,014 $122,099
Median sold price -- $224,021 $97,000
Number of sales -- 12,047 169
Number of sales over $250k -- 5,376 11
Number of sales over $1m -- 799 --
Number of sales over $10m -- 58 --
Average total tax amount -- $11,348 $6,090
Average assessed value -- $374,609 $134,873
Average market value -- $374,614 $134,873

Norwich commercial real estate property averages

Property averages United States Connecticut Norwich
Average lot size -- 145,000 sf 63,902 sf
Median lot size -- 12,202 sf 10,444 sf
Average building area -- 97 sf 50 sf
Median building area -- 59 sf 40 sf
Median year built -- 1925 1899
Average number of units -- 3 3
Median number of units -- 2 2

Norwich commercial real estate total supply

Supply United States Connecticut Norwich
Number of parcels -- 301,832 3,976
Aggregate lot acerage -- 556,629 3,432
Aggregate building area -- 9,631,169 sf 67,809 sf
Aggregate units -- 426,769 6,219

Norwich commercial real estate industrial mortgages

Debt United States Connecticut Norwich
Number of mortgages -- 444,419 7,052
Average value of mortgages -- $752,742 $532,097

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