404 BrgGroton, CT 06340

  • Hospitality properties
  • 48,720 SF
Off market
$47,489,020 Estimated

Property Details for 404 Brg

Year built
1963
Lot size
4.74 AC
Property size (Sq ft)
48,720 SF
Zone code
GC
Property type
Hospitality properties
Property subtype
Motels
APN
GROT M:168915633019
APU
GROTM168915633019

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,148,991
    6.5%
    $8,445,223
    7%
    $7,841,992
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,959,525
    Geo Method
    $14,959,525
  • Alternative Use

    Use
    Valuation
    Residential
    $9,219,730
    Hospitality
    $8,445,223
    Educational
    $7,026,326
    Medical
    $7,267,972
    Retail
    $10,929,841
404 Brg, Groton, Connecticut

Location Insight

City
Groton
County
New London
State
Connecticut
Latitude
41.3612
Longitude
-72.0714
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
$49,990
$255,570
$1,682,030
$1,937,600
-
-
-
-

Property Visit Statistics

  • Visits by month
    2.9k
  • Visitors by month
    469
  • Avg Time on site
    654 min

FAQs

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