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    Property profile & analytics

    688 Long Hl Rd Groton, CT 06340-4210

    • Turn key restaurants
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US15-0621915
    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

    • ALDI / Supermarket / Grocery Store

    Property Details for 688 Long Hl Rd

    Zone code
    DDD
    Property type
    Turn key restaurants
    APN
    GROT 169805098339 S001
    APU
    GROT169805098339S001

    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
    -72.0556
    Latitude
    41.35
    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
    2016
    $86,170
    $0.00
    $3,068,730
    $3,068,730
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,140 SF

      561 Long Hl Rd

      RESTAURANT • 4,140 SF
      561 Long Hl Rd, Groton, CT 06340-4134
      View Details
    • Value Estimation
      $535,000
      4,100 SF

      33 Kings Hwy

      RESTAURANT • 4,100 SF
      33 Kings Hwy, Groton, CT 06340-3542
      View Details
    • Value Estimation by Request
      3,024 SF

      195 Rte 12

      RESTAURANT • 3,024 SF
      195 Rte 12, Groton, CT 06340-3432
      View Details
    • Value Estimation
      $630,000
      5,691 SF

      527 Long Hl Rd

      RESTAURANT • 5,691 SF
      527 Long Hl Rd, Groton, CT 06340-4134
      View Details
    • Value Estimation
      $405,000
      7,009 SF

      65 Marsh Rd

      RESTAURANT • 7,009 SF
      65 Marsh Rd, Groton, CT 06340-5619
      View Details
    • Value Estimation
      $250,000
      4,848 SF

      924 Rte 12

      RESTAURANT • 4,848 SF
      924 Rte 12, Groton, CT 06340-2418
      View Details

    Similar Nearby for Sale

    • $360,000
      4,282 SF

      Groton Commercial Corner Lot Opportunity

      Corner lot with two buildings in mixed-use village center.
      48+50 Ft Hl Rd, Groton, CT 06340
      View Details
    • $1,300,000
      1.28 Acres

      Groton Commercial Investment Opportunity

      Prime commercial parking lot near Electric Boat and Pfizer.
      572 Thames St, Groton, CT 06340
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    • $799,000

      Two Storefronts on Commercial Corridor

      Two independent storefronts with utilities and parking on main road.
      535 Long Hill Rd, Groton, CT 06340
      View Details
    • $1,500,000
      13,570 SF

      Groton Commercial Building - Prime Location

      Versatile 13,570 sq ft building on 4.98 acres
      310 Fort Hill Rd, Groton, CT 06340
      View Details
    • $1,100,000

      Land For Sale

      Land available for sale.
      224 Neptune Dr, Groton, CT 06340
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    • $550,000

      Groton Specialty Property For Sale

      Specialty property available for purchase in Groton, Connecticut.
      63 Johl Dr, Groton, CT 06340
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    Similar Nearby for Lease

    • $2,250 /Mo
      3,000 SF

      Retail/Restaurant/Medical Space Available

      Retail, restaurant, or medical space for lease.
      392 Eastern Point Rd, Groton, CT 06340
      View Details
    • $15 SF/Yr
      5,550 SF

      Retail Space at Lighthouse Square

      5,550 SF retail space with high visibility available for lease.
      441 Long Hill Rd, Groton, CT 06340
      View Details
    • Contact for pricing
      1,757 SF

      Retail Space Anchored by Big Y

      Retail space available in Groton shopping center with improvements.
      985 Poquonnock Rd, Groton, CT 06340
      View Details
    • Contact for pricing
      196,802 SF

      Groton Square Retail Center

      Prime Retail Space Available, I-95 Access
      220 Ct-12, Groton, CT 06340
      View Details
    • Contact for pricing
      800 SF

      Retail Space in Groton

      Retail space available for lease in Groton, Connecticut.
      344-350 Mitchell St, Groton, CT 06340
      View Details
    • Contact for pricing

      Groton Retail Space For Lease

      Retail space available in Groton, anchored by Big Y.
      955 Poquonnock Rd, Groton, CT 06340
      View Details

    Property Visit Statistics

    • Visits by month
      31.4k
    • Visitors by month
      23.0k
    • Avg Time on site
      26 min
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    688 Long Hl Rd
    Groton, CT 06340-4210
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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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