Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

344 Mitchell St Groton, CT 06340

OFF-MARKET
Retail space
Property ID
US15-0065781
5,456 SF 0.84 ac lot Built 1952
Last sale Dec 2023 · $475,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This property is a four-unit strip mall featuring three occupied retail/service spaces and one additional unit. The existing tenant mix includes a food-service use (Pizza Today), a barber shop, and a subcontractor, indicating suitability for service-oriented retail and small business operations. The center is located in Groton’s Five Corners District, near Electric Boat and Interstate 95. The site includes parking for on-site use, and parking has historically been used to generate additional revenue through employee/customer parking arrangements with nearby businesses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$196k
Assessed land$132k
Assessed improvement$64k
Effective rate2.69%

Value estimate

· Oct 2026
$415k
$374k – $457k
AI approach$420k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$111/SF
County average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$37 – $170

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
FC
General categoryUNKNOWN
JurisdictionGROTON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.0
HVAC Service11.2
Realty agency10.3

Location

344 Mitchell St Groton, CT 06340-4423
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1380 Gold Star, Groton, CT 06340-2720 $1,350,000 Dec 2025 6,550 SF
535 Long Hl, Groton, CT 06340-4134 $700,000 Nov 2025 6,222 SF
515 Gold Star, Groton, CT 06340-6266 $45,000 Nov 2024 3,960 SF
391 Long Hl, Groton, CT 06340-3812 $420,000 May 2023 3,286 SF
392 Eastern Pt, Groton, CT 06340-5126 $516,000 Oct 2020 6,137 SF
270 Rogers, Groton, CT 06340-2730 $203,000 Aug 2019 4,404 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 344 Mitchell St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again