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    572 Thames St Groton, CT 06340

    For Sale
    $1,300,000

    Commercial For Sale - Groton, CT

    Lot size:
    1.28 Acres
    Days on Market:
    120
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 572 Thames St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    FC
    APN
    1949949
    Lot size
    1.28 Acres

    Utilities

    Cooling system
    None (Cooling)

    Building Details

    Year built
    1890
    Roof type
    None
    Architectural style
    Other

    Randall Realtors (860) 887-1122 [email protected]

    Listing agent Heather Gianacoplos (860) 572-9099

    Listing date Aug 18, 2025

    MLS# 24113542 Listing URL

    Copyright © 2025 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Groton Commercial Investment Opportunity

    This commercial investment property is located at 572 Thames Street and 28 Poquonnock Road in Groton, CT. The property is a well-maintained parking lot with ample space for vehicle storage. It is strategically positioned in a high-traffic, high-demand area near Electric Boat, Pfizer, waterfront attractions, and major transportation routes. The lot size is 1.275 acres. Given the limited parking options in the area, this property offers significant potential for steady income generation and is a rare opportunity to capitalize on the growing demand for parking in Groton. The zoning is FC. The property offers long-term value and flexibility, whether maintaining its current use or exploring future redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jones Parking Lot ... Parking Lot

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Enterprise Rent-A-Car

    Location Insight

    • Map
    • Local Demand
    City
    Groton
    County
    New London
    State
    Connecticut
    Longitude
    -72.0783375
    Latitude
    41.3483679

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    FAQs

    What type of property is this?
    Parking lot & garage - Prime commercial parking lot near Electric Boat and Pfizer.
    Where is this parking lot & garage located?
    The property is located at 572 Thames St Groton, CT.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Prime commercial investment property in a high-traffic, high-demand area of Groton, CT.; - Strategically located near Electric Boat, Pfizer, waterfront attractions, and major transportation routes.; - Offers significant potential for steady income generation due to limited parking options in the area.
    (860) 572-9099
    Request Owner's contact information
    572 Thames St Groton, CT 06340
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    Groton, CT 06340
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    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
    572 Thames St Groton, CT 06340
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