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    Property profile & analytics

    4 Park Pl Granby, CT 06035-2300

    • Turn key restaurants
    • 4,604 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimation
    $835,000
    Last Sale
    Jul 27, 2022
    $850,000
    Location Intelligence
    Property ID
    US15-0606692
    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

    • Deep Roots Street Food / Restaurant
    • Grassroots Ice Cream / Ice Cream Shop

    Property Details for 4 Park Pl

    Year built
    1931
    Construction
    FRAME
    Lot size
    0.65 lot acres
    Property size
    4,604 SF
    Zone code
    CO
    Property type
    Turn key restaurants
    APN
    GRAN M:G-51 B:0073 L:0015
    APU
    GRANMG51B0073L0015

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $855,000

    • CAP approach

      CAP return
      Estimation
      6%
      $780,000
      6.5%
      $810,000
      7%
      $780,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $740,000
      Geo Method
      $720,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $725,000
      Retail
      $880,000
      Mixed-Use
      $760,000
      Hospitality
      $720,000
      Educational
      $970,000
      Residential Income
      $860,000
      Energy
      $875,000
      Income-Based Land
      $885,000
      Food Service
      $795,000

    Location Insight

    • Map
    • Local Demand
    City
    Granby
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7882
    Latitude
    41.9534
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, 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
    $13,200
    $94,710
    $319,200
    $413,910
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $470,000
      5,160 SF

      357 Salmon Brk St

      RESTAURANT • 5,160 SF
      357 Salmon Brk St, Granby, CT 06035-1804
      View Details
    • Value Estimation
      $320,000
      3,944 SF

      17th E Granby Rd

      RESTAURANT • 3,944 SF
      17th E Granby Rd, Granby, CT 06035-2207
      View Details
    • Value Estimation
      $340,000
      6,158 SF

      563 Salmon Brk St

      DEPARTMENT STORE • 6,158 SF
      563 Salmon Brk St, Granby, CT 06035-1106
      View Details
    • Value Estimation
      $350,000
      3,300 SF

      516 Salmon Brk St

      SHOW ROOM, WAREHOUSE • 3,300 SF
      516 Salmon Brk St, Granby, CT 06035-1100
      View Details
    • Value Estimation
      $190,000
      6,360 SF

      557 Salmon Brk St

      SHOW ROOM, WAREHOUSE • 6,360 SF
      557 Salmon Brk St, Granby, CT 06035-1106
      View Details
    • Value Estimation
      $235,000
      3,405 SF

      8 Ml Pond Dr

      DEPARTMENT STORE • 3,405 SF
      8 Ml Pond Dr, Granby, CT 06035-2629
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      1,325 SF

      Retail Space in Granby Center

      Retail spaces available in Geissler’s Supermarket anchored shopping center.
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    • $15 SF/Yr
      5,438 SF

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      View Details
    • $1,300 /Mo
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      Granby Retail/Office Space Available

      1158 SF space ideal for showroom, studio, training, or office.
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      View Details
    • $1,300 /Mo
      1,158 SF

      Granby Retail/Office Space For Rent

      1158 SF retail or office space in Granby, CT.
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    • $1,000 /Mo
      356 SF

      Granby Town Center Office Suite

      Professional office suite in Granby Town Center, move-in ready.
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    • $1,200 /Mo
      356 SF

      Granby Town Center Office Suite

      Well-maintained office suite in Granby Town Center for rent.
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      View Details
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    4 Park Pl
    Granby, CT 06035-2300
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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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