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    Property profile & analytics

    1151 Voluntown Rd Griswold, CT 06351-1621

    • Showrooms
    • 9,504 SF
    • 2.49 lot acres
    OFF-MARKET
    Value Estimation
    $1,530,000
    Last Sale
    Jul 12, 2021
    $1,825,000
    Location Intelligence
    Property ID
    US15-1037502
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dollar General / Drug Store / General Store
    • Western Union / Money Transfer Service
    • FedEx OnSite / Mailing Service

    Property Details for 1151 Voluntown Rd

    Year built
    2014
    Construction
    STEEL FRAME
    Lot size
    2.49 lot acres
    Property size
    9,504 SF
    Zone code
    C-2
    Property type
    Showrooms
    APN
    GRIS M:59 B:119 L:139.15
    APU
    GRISM59B119L13915

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,995,000
      6.5%
      $2,075,000
      7%
      $2,010,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,670,000
      Geo Method
      $1,600,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,535,000
      Retail
      $1,715,000
      Mixed-Use
      $2,045,000
      Hospitality
      $1,905,000
      Educational
      $1,665,000
      Residential Income
      $1,795,000
      Energy
      $1,590,000
      Income-Based Land
      $2,035,000
      Food Service
      $1,830,000

    Location Insight

    • Map
    • Local Demand
    City
    Griswold
    County
    New London
    State
    Connecticut
    Longitude
    -71.9069
    Latitude
    41.5825
    CBSA code
    35980
    CBSA name
    NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,830
    $87,500
    $703,500
    $791,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      182,533 SF

      180 Riv Rd

      SHOW ROOM, WAREHOUSE • 182,533 SF
      180 Riv Rd, Lisbon, CT 06351-3249
      View Details
    • Value Estimation by Request
      73,564 SF

      461 Voluntown Rd

      SHOW ROOM, WAREHOUSE • 73,564 SF
      461 Voluntown Rd, Griswold, CT 06351-2611
      View Details
    • Value Estimation
      $335,000
      4,236 SF

      174 Paper Ml Rd

      SHOW ROOM, WAREHOUSE • 4,236 SF
      174 Paper Ml Rd, Lisbon, CT 06351-7440
      View Details
    • Value Estimation
      $345,000
      5,661 SF

      47 Main St

      SHOW ROOM, WAREHOUSE • 5,661 SF
      47 Main St, Griswold, CT 06351-2203
      View Details
    • Value Estimation
      $255,000
      5,280 SF

      70 Main St

      SHOW ROOM, WAREHOUSE • 5,280 SF
      70 Main St, Griswold, CT 06351-2226
      View Details
    • Value Estimation
      $280,000
      10,116 SF

      363 Riv Rd

      SHOW ROOM, WAREHOUSE • 10,116 SF
      363 Riv Rd, Lisbon, CT 06351-3260
      View Details

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      Griswold Multifamily Property for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      2,600 SF

      Norwich Retail Space Available

      2600 sq ft retail space for rent.
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    • $3,000 /Mo

      Renovated Commercial Space on Route

      Partially renovated 3400 sq. ft. commercial space for rent.
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      1,000 SF

      Versatile Retail/Office Space Available

      Adaptable space suitable for retail, restaurant, or office use.
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      View Details
    • $1,700 /Mo

      Residential Income Property For Rent

      Residential income property available for rent in Griswold, CT.
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    1151 Voluntown Rd
    Griswold, CT 06351-1621
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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
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