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    1204 North Rd Groton, CT 06340

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    For Sale
    $475,000

    Office space on 0.54 acres with private parking.

    Lot size:
    0.42 Acres

    Property Features for 1204 North Rd

    General Information

    Lot size
    0.42 Acres

    Building Details

    Year built
    1953

    Source: William Pitt Sotheby's Int'l Agent Judith Caracausa

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Professional Office and Training Facility

    This 5,379 square foot property is situated on 0.54 acres near the corner of North Road and Route 184. It features 153 feet of frontage on North Road, providing excellent signage and visibility. The property includes a private paved parking lot with 10 spaces. Currently used as professional offices with a training classroom, the property is located in a desirable CR Zone that allows for many uses. It is equipped with municipal utilities, an oil-fired 3-zone heating system, and central air conditioning.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Skin Care Clinic Auto Repair Shop Wholesale Shop Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Groton
    County
    New London
    State
    Connecticut
    Longitude
    -72.02817
    Latitude
    41.384464

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    FAQs

    What type of property is this?
    Office space - Office space on 0.54 acres with private parking.
    Where is this office space located?
    The property is located at 1204 North Rd Groton, CT.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Excellent signage and visibility on North Road; - Desirable CR zone with many uses; - 5,379 sq. ft. professional office/training facility
    (860) 912-9903
    Request Owner's contact information
    1204 North Rd 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
    1204 North Rd Groton, CT 06340
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