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Financial
Distress signals
Property profile

402 Thames St Groton, CT 06340

FOR LEASE
Office buildings
Property ID
US15-0332271
17,142 SF 0.6 ac lot Built 1985
Last sale Apr 2012 · $1
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Class A office property is located with views of the Thames River and is within about one mile of I-95. The building is handicap accessible and served by both an elevator and stairs. Approximately 3,000 SF of office space is configured on the first floor with a front reception/working area, a large conference room, two offices, and a bathroom with a shower, along with a back area containing a large office, break room, and additional storage rooms. An additional approximately 4,394 SF is…

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?
$25k
Tax billed · 2024
Assessed value$922k
Assessed land$560k
Assessed improvement$362k
Effective rate2.69%

Value estimate

· Oct 2026
$2.54M
$2.28M – $2.79M
Submarket $/SF estimate$2.65M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$137/SF
County average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$62 – $204

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?
WBR
General categoryCOMMERCIAL
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 Office11.8
Electrical Service10.3
Bakery9.7

Location

402 Thames St Groton, CT 06340
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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
616 Gold Star, Groton, CT 06340-6221 $456,200 Oct 2024 5,300 SF
100 Ft Hl, Groton, CT 06340-4312 $700,000 Aug 2023 14,706 SF
115 Poheganut, Groton, CT 06340-3238 $8,900,000 Jun 2023 62,549 SF
1353 Gold Star, Groton, CT 06340-2739 $73,000 Jan 2022 16,592 SF
393 Gold Star, Groton, CT 06340-6264 $275,000 Oct 2019 5,459 SF
118 Poquonnock, Groton, CT 06340-4408 $580,000 Mar 2019 4,765 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
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