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Property profile & analytics

160 Brg St Groton, CT 06340-3604

  • Retail space
  • 21,651 SF
  • 1.06 lot acres
OFF-MARKET
Last Sale
Jun 24, 2022
$1,010,000
Value Estimations
$895,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US15-0514431
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

  • Retail space

Property Details for 160 Brg St

Year built
1952
Lot size
1.06 lot acres
Property size
21,651 SF
Zone code
GC
Property type
Retail space
APN
GROT M:168914433318
APU
GROTM168914433318

Description

This exceptional 1,415 square foot retail storefront at 160 Bridge Street in Groton, Connecticut, presents a unique opportunity for businesses seeking high visibility and accessibility. Located in a bustling commercial area, this single-tenant space boasts a prime location near I-95, providing easy access for customers and employees. The property is situated just minutes from major employers such as Electric Boat, Pfizer, and the United States Coast Guard Academy, ensuring a consistent flow of potential clientele. The building, constructed in 1952, features a large display window, ideal for showcasing products and attracting attention. Ample parking is available with 51 spaces for customers and employees. The property sits on 1.06 acres of land and is part of a larger 21,649 square foot building with two stories. This versatile space is perfect for a variety of retail businesses seeking to establish a strong presence in a thriving community. The high traffic area and proximity to major employers make this an exceptional investment opportunity. The property offers a unique blend of convenience, visibility, and accessibility, making it an ideal location for a successful retail venture. This is a single-tenant space within a larger building.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $925,000
    ML approach
    $1,070,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $805,000
    Market price range: $805k - $3.69M
    AI Estimate
    $749,000
    Market price range: $749k - $2.20M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Groton
County
New London
State
Connecticut
Longitude
-72.0785
Latitude
41.3621
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
2024
$11,469
$204,589
$221,921
$426,510
-
$0.00
$0.00
$0.00
More about this property
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