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Property profile & analytics
OFF-MARKET
Turn key restaurants
350 Long Hl Rd Groton, CT 06340-3829
Entity Owned
3-yr Hold
Free & Clear
Property ID
US15-0066222
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1999
Total area
4,957 SF
Lot
1.75 ac (76,230 SF)
Zoning code
CN
APN
GROT M:168920910766
UPID
US15-0066222
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
Current use
Occupant on record · Public records
-
Applebee's Grill + Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tlc Northeast LLC · 3 yrs held
Tlc Northeast LLC
since 2023
Last sale
$18,000
4 recorded transactions
Zoning & alternative use
CN · Groton, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$29,329
Tax year 2023
Assessed value
$1,077,090
Assessed 2023
Previous assessed
$1,077,090
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$741,160
Assessed improvement
$335,930
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
1999
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
4,957 SF
Lot
1.75 ac (76,230 SF)
Zoning code
CN
APN
GROT M:168920910766
UPID
US15-0066222
Jurisdiction
GROTON
Zoning & alternative use
CN · Groton, CTZoning CN · permitted uses
CN · Groton, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1999
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
1.75 ac
Current owner
From public records · entity-resolved
Tlc Northeast LLC
Entity
Free & Clear · 3 yrs held
Mailing address
220 PONTE VEDRA PARK DR STE #100, PONTE VEDRA BEACH, FL 32082-6616
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2023
—
Tlc Northeast LLC
Tlc East LLC
Quit Claim Deed
related
—
Jun 23, 2000
$18,000
Chateau Properties LLC
Phoenix Park Assoc
Grant Deed
—
Mar 10, 2000
—
Tlc East LLC
—
Deed Of Trust
related
$2,120,000 · Worth Funding INC
Aug 13, 1999
$575,000
Tlc East LLC
Chateau Prop LLC
Warranty Deed
—
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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