$1,500,000
SOLD MAY 23, 2025

435 Thames St Groton, CT 06340

1.01 Acres
$1,485,149 Price per Acre
43,996 Sq Ft Lot

Recently Sold

196 Days on Market

Highlights

  • Waterfront
  • Property is near public transit
  • 1-minute walk to Fort Griswold Battlefield State Park
  • 1.01 Acre Lot
  • Level Lot

About This Lot

As of May 2025

Prime Industrial/Technology Zoned Land - 435 Thames St, Groton, CT A unique opportunity awaits with this commercially zoned I/T (Industrial/Technology) land parcel, ideally located in the heart of Groton. Situated along Thames Street, this property boasts 175 feet of frontage on Thames St and an impressive 240 feet of frontage along the Thames River, offering not only excellent visibility but also potential waterfront access for future development. Located within walking distance to Pfizer and Electric Boat, this parcel is perfectly positioned for businesses looking to partner with or support these major employers in the area. The I/T zoning allows for a variety of uses, including manufacturing, technology development, and industrial facilities, making it an ideal investment for forward-thinking businesses. Key Features: Zoning: I/T (Industrial/Technology) Frontage: 240 ft along the Thames River and 175 ft along Thames Street Location: High-traffic area, minutes from downtown Groton. Land Size: 1.01 Utilities: Ready for development with access to public utilities including water, sewer, and electricity. Proximity: Easy access to I-95, New London, and major shipping routes. Walkable to Pfizer and Electric Boat, two of the region's largest employers. With its strategic location near major industries, significant river and street frontage, and easy access to transportation hubs, this property is an outstanding opportunity to support Groton's growing industrial

Last Agent to Sell the Property

Dylan LaGrandeur

Berkshire Hathaway NE Prop. License #RES.0805892 Listed on: 09/27/2024

Berkshire Hathaway NE Prop.

Co-Listed By

Kyle Schrader

Berkshire Hathaway NE Prop. License #RES.0808754

Last Buyer's Agent

John Jensen

Pequot Commercial Real Estate License #REB.0339523

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,945

Lot Details

  • 1.01 Acre Lot
  • Waterfront
  • Property fronts a state road
  • Level Lot
  • Property is zoned I/T

Location

  • Flood Zone Lot
  • Property is near public transit

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1949781

Property Details

Property Type

Land

Est. Annual Taxes

$31,945

Lot Details

0

Listing Details

  • Property Type: Lots and Land For Sale
  • Nearby Amenities: Commuter Bus, Medical Facilities
  • Property Sub Type: Commercial Land
  • Direct Waterfront: Yes
  • Directions: Navigation Friendly
  • Financing Used: Cash
  • Street Type: Street
  • Special Features: None

Exterior Features

  • Road Frontage Description: State Road

Utilities

  • Water Source: Public Water In Street
  • Sewer: Public Sewer In Street
  • Utilities Available: Cable, Electric, Gas, Gas Available, Phone Available

Lot Info

  • Acres: 1.01
  • Lot Description: Level Lot
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Lot Improvements: Curb Cut(s), Shed
  • Lots Number Of: 1
  • Zoning: I/T
  • Parcel #: 1949781

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 31945

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2025 05/23/25 Sold $1,500,000 0.0% --
04/11/2025 04/11/25 Pending -- -- --
09/27/2024 09/27/24 For Sale $1,500,000 -- --
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dylan LaGrandeur

    Seller's Agent in 2025

    Dylan LaGrandeur

    Berkshire Hathaway Home Services

    (401) 692-0773

    2 in this area

    31 Total Sales

    Dylan LaGrandeur
    Section Image
  • Kyle Schrader

    Seller Co-Listing Agent in 2025

    Kyle Schrader

    Berkshire Hathaway Home Services

    (860) 333-3242

    2 in this area

    25 Total Sales

    Kyle Schrader
    Section Image
  • John Jensen

    Buyer's Agent in 2025

    John Jensen

    Pequot Commercial Real Estate

    (860) 460-0255

    1 in this area

    13 Total Sales

    John Jensen
    Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 24049867

SmartMLS
Connecticut New London County Groton 06340

435 Thames St, Groton, CT

Sold

Lots

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