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    Property profile & analytics

    391 Long Hl Rd Groton, CT 06340-3812

    • Retail space
    • 3,286 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    May 12, 2023
    $420,000
    Location Intelligence
    Property ID
    US15-0064938
    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

    • Hello, gorgeous Salon and Spa / Hair Salon
    • PRIDE Promote Independence / Social Services Organization
    • Dose of Beauty by Pay / Eyelash Salon / Beauty Salon

    Property Details for 391 Long Hl Rd

    Year built
    1942
    Lot size
    0.31 lot acres
    Property size
    3,286 SF
    Zone code
    CN
    Property type
    Retail space
    APN
    GROT M:168920819168
    APU
    GROTM168920819168

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $360,000
      7%
      $380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $410,000
      Mixed-Use
      $360,000
      Hospitality
      $340,000
      Educational
      $410,000
      Residential Income
      $385,000
      Energy
      $450,000
      Income-Based Land
      $455,000
      Food Service
      $445,000

    Location Insight

    • Map
    • Local Demand
    City
    Groton
    County
    New London
    State
    Connecticut
    Longitude
    -72.0617
    Latitude
    41.356
    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
    $7,415
    $110,110
    $162,190
    $272,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $280,000
      1,727 SF

      399 Benham Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,727 SF
      399 Benham Rd, Groton, CT 06340-5131
      View Details
    • Value Estimation
      $110,000
      798 SF

      564 Thames St

      RETAIL STORES (PERSONAL SERVICES) • 798 SF
      564 Thames St, Groton, CT 06340-3946
      View Details
    • Value Estimation
      $300,000
      696 SF

      100 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 696 SF
      100 Frnt St, Groton, CT 06340
      View Details
    • Value Estimation
      $310,000
      3,424 SF

      402 Long Hl Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,424 SF
      402 Long Hl Rd, Groton, CT 06340-3800
      View Details
    • Value Estimation
      $315,000
      6,222 SF

      535 Long Hl Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,222 SF
      535 Long Hl Rd, Groton, CT 06340-4134
      View Details
    • Value Estimation
      $200,000
      2,320 SF

      165 Pleasant Vly S Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,320 SF
      165 Pleasant Vly S Rd, Groton, CT 06340-3323
      View Details

    Similar Nearby for Sale

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      Two Storefronts on Commercial Corridor

      Two independent storefronts with utilities and parking on main road.
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    Similar Nearby for Lease

    • $15 SF/Yr
      5,550 SF

      Retail Space at Lighthouse Square

      5,550 SF retail space with high visibility available for lease.
      441 Long Hill Rd, Groton, CT 06340
      View Details
    • $2,250 /Mo
      3,000 SF

      Retail/Restaurant/Medical Space Available

      Retail, restaurant, or medical space for lease.
      392 Eastern Point Rd, Groton, CT 06340
      View Details
    • Contact for pricing
      800 SF

      Retail Space in Groton

      Retail space available for lease in Groton, Connecticut.
      344-350 Mitchell St, Groton, CT 06340
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Groton Center

      Retail space available in shopping center anchored by Big Y.
      873-985 Poquonnock Rd, Groton, CT 06340
      View Details
    • $1,668 /Mo
      1,820 SF

      Groton Retail/Office Space Available

      1820 SF retail/office space for rent in Groton.
      591 Route 12, Groton, CT 06340
      View Details
    • Contact for pricing
      1,757 SF

      Retail Space Anchored by Big Y

      Retail space available in Groton shopping center with improvements.
      985 Poquonnock Rd, Groton, CT 06340
      View Details
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    Groton, CT 06340-3812
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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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