Entity Owned Property summary
This exceptional investment opportunity encompasses two adjacent Groton, CT properties totaling 47,437 square feet on a combined 2.09-acre waterfront parcel. The offering includes 359 Thames Street, a charming three-story mill-style building (12,737 sq ft) dating back to 1920, featuring a restaurant/storage layout, a raised deck overlooking the Thames River, and 236 feet of direct waterfront access. Parking accommodates approximately 22 vehicles. This property is zoned WBR (Waterfront… Business Residence). Adjacent is 415 Thames Street, a substantial two-story commercial building (34,700 sq ft) formerly a lobster distribution center. This building boasts 5 loading docks, 1 drive-in door, and 640 feet of direct waterfront with a boat dock. The first floor offers 19,345 sq ft of storage and distribution space. The second floor includes 2,850 sq ft of office space with stunning water views and a 12,505 sq ft warehouse featuring 14-foot clear ceiling heights and elevator/forklift access to the dock doors below. The building benefits from a 220-volt, 3-phase, 2,000-amp electrical service and a roof replaced in 2018 with a 20-year warranty. Parking for approximately 77 cars is available. This property also includes 504 sq ft of freezer space, live-in-ground and above-ground tanks, and an automated seawater pumping system connected to the Thames River. Both properties are zoned WBR (Waterfront Business Residence), presenting a unique opportunity for a variety of commercial ventures. The previous lobster pound operation had a 10,000-pound capacity.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
3 recorded sales · 8 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 34,700 SF
- Lot area
- 2.09 ac
- Year built
- 2002
- Stories
- 2
- APN
- GROT M:168806391447
- Zoning
- WBR
- Assessed value · 2024
- $1,386,210
- Annual tax · 2024
- $37,275
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.
