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Property profile & analytics
OFF-MARKET
Land

1002 Ct-12 Groton, CT 06340

2.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.5-acre commercial and residential land parcel presents a compelling investment opportunity in Groton, Connecticut. Located at 1002 Route 12, this property boasts 149 feet of prime road frontage on Route 12, enjoying high visibility with an average daily traffic count of 11,300 vehicles. The property is zoned CN Commercial Neighborhood, offering a wide range of permitted uses including office, retail, pet grooming, bed and breakfast, hotel/motel, restaurant, and place of worship, among others. Special permits may allow for multi-unit dwellings, veterinary services, adult day care, and more. The site benefits from readily available public water and sewer services. A fully leased 6,120 square foot building is included, adding significant value to this investment. The property's strategic location near the Sub Base entrance and within a rapidly developing area further enhances its appeal. This is a rare opportunity to acquire a substantial land parcel with existing infrastructure in a high-traffic location with diverse development potential. The asking price is $650,000.

Property profile
Verified
Property type Land
Lot 2.5 ac (108,900 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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