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    Property profile & analytics

    48 Main St Groton, CT 06340-5756

    • Investment properties
    • 7,808 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Last Sale
    Apr 21, 2025
    Location Intelligence
    Property ID
    US15-0370688
    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

    • Russ Kramer Marine Art Gallery / Art Gallery

    Property Details for 48 Main St

    Year built
    1840
    Lot size
    0.10 lot acres
    Property size
    7,808 SF
    Zone code
    VC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    GROT M:260820902274
    APU
    GROTM260820902274

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Groton
    County
    New London
    State
    Connecticut
    Longitude
    -71.9881
    Latitude
    41.3255
    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
    $6,979
    $190,610
    $105,000
    $295,610
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $315,000
      3,865 SF

      15 Ft Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,865 SF
      15 Ft Hl Rd, Groton, CT 06340-4722
      View Details
    • Value Estimation
      $220,000
      2,160 SF

      36 Nn St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,160 SF
      36 Nn St, Groton, CT 06340-3621
      View Details
    • Value Estimation
      $325,000
      2,681 SF

      1209 Poquonnock Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,681 SF
      1209 Poquonnock Rd, Groton, CT 06340-4606
      View Details
    • Value Estimation
      $225,000
      3,461 SF

      1065 Poquonnock Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,461 SF
      1065 Poquonnock Rd, Groton, CT 06340-4220
      View Details
    • Value Estimation
      $220,000
      4,697 SF

      126 Poquonnock Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,697 SF
      126 Poquonnock Rd, Groton, CT 06340-4408
      View Details
    • Value Estimation
      $170,000
      2,754 SF

      165 Broad St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,754 SF
      165 Broad St, Groton, CT 06340-3644
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      Residential Income Property For Rent

      Residential income property available for rent in Groton, CT.
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      Multifamily property in Groton, CT available for rent.
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    48 Main St
    Groton, CT 06340-5756
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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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