100 Fort Hill Rd Groton, CT 06340
- Office buildings
- 14,706 SF
- 0.98 lot acres
Current Use by Public Records
- The Bartinik Law Firm LLC / Attorney
- The Maids in New London / House Cleaning Service / Window Cleaning Service
- Haven Massage and Reiki / Massage Therapist / Reiki Therapist
- Bobby Bail Bonds / Bail Bonds Service
- MIDNIGHT ANGEL STUDIO / Tattoo And Piercing Shop
Property Details for 100 Fort Hill Rd
- Year built
- 1984
- Lot size
- 0.98 lot acres
- Property size
- 14,706 SF
- Zone code
- MVC
- Property type
- Office buildings
- APN
- GROT M:169808779847
- APU
- GROTM169808779847
Description
This exceptional three-story office building, totaling 14,706 square feet, is situated on a 0.98-acre corner lot in Groton, CT, at 100 Fort Hill Rd, 06340. Built in 1984 and renovated in 2024, the property boasts 12 suites, ranging from 140 to 1,450 square feet, making it ideal for a variety of tenants. The building features a 12-foot ceiling height and offers ample parking with seventy spaces. The location benefits from strong traffic counts due to its placement on a traffic-lit corner at the intersection of Route 117 and Route 1, less than a mile from I-95 Exit 88. Utilities including electricity, city water, city sewer, and gas are included in the rent. The property is zoned MVC (Mixed Use Village Center), providing access to a variety of amenities. While the building is up to code, some updating may be needed. All information should be independently verified. This is a fantastic opportunity for businesses seeking a prominent location with flexible space options. The minimum leasable space is 140 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $615,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $695,000
- 6.5%
- $640,000
- 7%
- $625,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $620,000
- Geo Method
- $635,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $670,000
- Retail
- $650,000
- Mixed-Use
- $575,000
- Hospitality
- $750,000
- Educational
- $575,000
- Residential Income
- $620,000
- Energy
- $570,000
- Income-Based Land
- $705,000
- Food Service
- $565,000
Location Insight
- Map
- Local Demand
- City
- Groton
- County
- New London
- State
- Connecticut
- Longitude
- -72.0291
- Latitude
- 41.3468
- CBSA code
- 35980
- CBSA name
- NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA