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Property profile

587 Long Hl Rd Groton, CT 06340

OFF-MARKET
Turn key restaurants
Property ID
US15-0014035
1,320 SF 0.46 ac lot Built 1970
Individually Owned Owner of record is an individual. 37-yr Hold Held for 37 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a conventional restaurant building located at 587 Long Hill Rd in Groton, Connecticut. It has been associated with a New England grilled sandwich restaurant concept founded in 1967, with a menu centered on grilled sandwiches (including options featuring steak or chicken with cooked onions, peppers, and mushrooms, typically served on an Italian roll or a signature Pokket with melted American cheese). The site is characterized for restaurant use based on its prior operation and configuration as a neighborhood food-service location.

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 · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$440k
Assessed land$382k
Assessed improvement$58k
Effective rate2.72%

Value estimate

· Oct 2026
$330k
$297k – $363k
AI approach$330k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
CN
JurisdictionGROTON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply28.0
Realty agency26.3
Wholesale Shop24.8

Location

587 Long Hl Rd Groton, CT 06340-4134
County assessor Recorded deeds · 2 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
124 Nn, Groton, CT 06340-3702 $295,000 Dec 2024 1,200 SF
399 Benham, Groton, CT 06340-5131 $294,000 Aug 2024 1,727 SF
2 Benham, Groton, CT 06340-4902 $220,000 Jul 2024 1,658 SF
2 Pearl, Groton, CT 06340 $500,000 May 2023 1,540 SF
944 Rte 12, Groton, CT 06340-2418 $450,000 Mar 2023 1,596 SF
26 Eastern Pt, Groton, CT 06340-4910 $65,000 Aug 2022 1,206 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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