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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Office buildings
520 Thames St Groton, CT 06340-3967
Entity Owned
8-yr Hold
Free & Clear
Property ID
US15-0990234
Property summary
AI-generated overview
This exceptional 10,510 square foot commercial property at 520 Thames Street in Groton, Connecticut presents a unique investment opportunity. The three-story brick building offers 9,575 square feet of office space, complemented by an additional 935 square feet of dry storage. Its steel-framed, clear-span construction allows for flexible floor plan adaptations to suit diverse business needs. A significant advantage is the availability of 35 off-street parking spaces, a considerable asset in this location, with additional parking options nearby. The building enjoys a highly desirable location directly across from General Dynamics Electric Boat Division, within one mile of Pfizer Pharmaceuticals, and conveniently situated within two miles of Interstate 95 and Route 1. This strategic positioning ensures excellent visibility and accessibility. The property is zoned General Commercial within the City of Groton. The 0.34-acre lot provides ample space. This property is offered for sale at $1,550,000, and seller financing is available to qualified buyers. Lease options are also available.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Total area
10,510 SF
Lot
0.34 ac (14,810 SF)
Zoning code
GC
APN
GROT M:168806480862
UPID
US15-0990234
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$698k
Blend (final)
Blend
$665k
Owner & transaction history
520 Thames Street LLC · 8 yrs held
520 Thames Street LLC
since 2017
1 recorded transaction
Zoning & alternative use
GC · Groton, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Groton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Groton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$665k
Range $599k – $732k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$63 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,263
Tax year 2023
Assessed value
$242,760
Assessed 2023
Previous assessed
$242,760
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$113,960
Assessed improvement
$128,800
Applied tax rate
355.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Heating
FORCED AIR
Buildings
1
Stories
3
Units
1
Bathrooms
2
Total area
10,510 SF
Lot
0.34 ac (14,810 SF)
Zoning code
GC
APN
GROT M:168806480862
UPID
US15-0990234
Jurisdiction
GROTON
Zoning & alternative use
GC · Groton, CT
Zoning GC · permitted uses
GC · Groton, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Groton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Heating
FORCED AIR
Stories
3
Buildings
1
Units
1
Bathrooms
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
520 Thames Street LLC
Entity
Free & Clear · 8 yrs held
Mailing address
400 BAYONET ST STE #201, NEW LONDON, CT 06320-2600
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2017
$275,000
520 Thames Street LLC
Bae Systems Technology
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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