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    70 Brg St Groton, CT 06340-3661

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    70 Brg St Groton, CT 06340-3661


    • Industrial properties
    • 5,960 SF
    • 0.80 lot acres
    Off-Market
    Property ID
    US15-0942408
    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.

    Value Estimations
    $510,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kmk Construction / Construction Company / General Contractor
    • Kevin Davis Insurance Services Inc / Insurance Agency

    Property Details for 70 Brg St

    Year built
    1935
    Lot size
    0.80 lot acres
    Property size
    5,960 SF
    Zone code
    GC
    Property type
    Industrial properties
    APN
    GROT M:168914333728
    APU
    GROTM168914333728

    Description

    This exceptional 5,363-square-foot executive office space is ideally situated in Groton, Connecticut, offering unparalleled convenience with its close proximity to I-95 and Electric Boat. The building, constructed in 2004, boasts a two-story design encompassing approximately 4,000 square feet of adaptable office space. This area features a flexible open floor plan, complemented by several glass-enclosed cubicles, and a welcoming lobby/reception area. A significant advantage is the inclusion of 1,363 square feet of dedicated lab space, fully equipped with a fume hood, drop ceiling, lab benches, and a full lab sink. The property sits on a 0.8-acre lot, providing ample on-site parking for tenants and visitors. The building is equipped with a robust security system and benefits from 400-amp, 3-phase power, ensuring reliable operation for various business needs. The entire 5,363 square feet is currently vacant and available for lease, offering a unique opportunity for a single tenant or the possibility of subdivision to accommodate multiple occupants. This property presents a rare combination of office and lab space in a highly desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $370,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $479,000
      Market price range: $150k - $480k
      AI Estimate
      $674,000
      Market price range: $167k - $674k
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $365,000
      Current use
      OFFICE BUILDING
      $820,000
      Change: +124% Conversion: Difficult
      RETAIL STORES
      $665,000
      Change: +82% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $505,000
      Change: +39% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $505,000
      Change: +38% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Groton
    County
    New London
    State
    Connecticut
    Longitude
    -72.0821
    Latitude
    41.3632
    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
    2024
    $23,794
    $325,878
    $558,992
    $884,870
    -
    $0.00
    $0.00
    $0.00
    More about this property
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