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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Turn key restaurants
117 Long Hl Rd Groton, CT 06340-3705
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-0914351
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2004
Total area
5,708 SF
Lot
2.68 ac (116,741 SF)
Zoning code
CR
APN
GROT M:168916735410
UPID
US15-0914351
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$617k
Blend (final)
Blend
$950k
Owner & transaction history
Nint LLC · 1 yrs held
Nint LLC
since 2024
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
CR · Groton, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$715,000
+31.3%
Auto repair, garage
$630,000
+16.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Groton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Groton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$950,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$715,000
Change: +31% · Conversion: Moderate
AUTO REPAIR, GARAGE
$630,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $950k (Sep 20 2024)
Last sale anchor
$950k
Sep 20 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$166 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$32,720
Tax year 2024
Assessed value
$1,177,820
Assessed 2024
Previous assessed
$1,177,820
+0.0% YoY
Effective rate
2.78%
On assessed value
Assessed land
$807,576
Assessed improvement
$370,244
Applied tax rate
355.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Bathrooms
2
Total area
5,708 SF
Lot
2.68 ac (116,741 SF)
Zoning code
CR
APN
GROT M:168916735410
UPID
US15-0914351
Jurisdiction
GROTON
Zoning & alternative use
CR · Groton, CT
Zoning CR · permitted uses
CR · Groton, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Groton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$715,000
AUTO REPAIR, GARAGE
Est. value
$630,000
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Bathrooms
2
Lot
2.68 ac
Current owner
From public records · entity-resolved
Nint LLC
Entity
Free & Clear · 1 yrs held
Mailing address
256 CEDAR RD MYSTIC
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2024
—
Nint LLC
Nint LLC
Quit Claim Deed
related
—
Jan 4, 2010
$1
Nint LLC
F&b Rlty
Grant Deed
related
—
Dec 17, 2004
—
F Rlty
—
Deed Of Trust
related
$675,000 · Washington Trust Co
Aug 17, 2004
—
F Rlty
—
Deed Of Trust
related
$150,000 · Washington Trust Co
Dec 11, 1996
$950,000
F Rlty
Kriegel,jay
Warranty Deed
$750,000 · Washington Trust Co
Dec 21, 1995
—
Myra K Zuckerbraun
—
Deed Of Trust
related
$75,000 · Bank Of Southeast Ct
Dec 15, 1993
—
Jay Kriegel
—
Deed Of Trust
related
$280,000 · Bank Of Southeast Ct
Feb 7, 1991
—
Volkswagen/groton INC
—
Deed Of Trust
related
$350,000 · Bank Of Southeast Ct
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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