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    Property profile & analytics

    1 Farm Spgs Rd Farmington, CT 06032-2572

    • Office buildings
    • 65,422 SF
    • 7.63 lot acres
    OFF-MARKET
    Value Estimation
    $4,615,000
    Last Sale
    Jan 31, 2020
    $4,500,000
    Location Intelligence
    Property ID
    US15-0697412
    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

    • Office buildings

    Property Details for 1 Farm Spgs Rd

    Year built
    1976
    Lot size
    7.63 lot acres
    Property size
    65,422 SF
    Zone code
    PR
    Property type
    Office buildings
    APN
    FARM M:0132 B:A L:D
    APU
    FARMM0132BALD

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,650,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,045,000
      6.5%
      $4,450,000
      7%
      $4,560,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,175,000
      Geo Method
      $4,090,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,035,000
      Retail
      $5,450,000
      Mixed-Use
      $4,835,000
      Hospitality
      $4,245,000
      Educational
      $4,010,000
      Residential Income
      $5,390,000
      Energy
      $4,045,000
      Income-Based Land
      $5,425,000
      Food Service
      $4,675,000

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.8032
    Latitude
    41.7083
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, 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
    $105,071
    $1,129,310
    $3,210,690
    $4,340,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,215,000
      14,384 SF

      111 Ss Rd

      OFFICE BUILDING • 14,384 SF
      111 Ss Rd, Farmington, CT 06032-2520
      View Details
    • Value Estimation by Request
      42,178 SF

      135 Ss Rd

      OFFICE BUILDING • 42,178 SF
      135 Ss Rd, Farmington, CT 06032-2556
      View Details
    • Value Estimation by Request
      35,700 SF

      6 Executive Dr

      OFFICE BUILDING • 35,700 SF
      6 Executive Dr, Farmington, CT 06032-2853
      View Details
    • Value Estimation
      $525,000
      4,264 SF

      276 Main St

      OFFICE BUILDING • 4,264 SF
      276 Main St, Farmington, CT 06032-3624
      View Details
    • Value Estimation by Request
      41,876 SF

      197 Scott Swamp Rd

      OFFICE BUILDING • 41,876 SF
      197 Scott Swamp Rd, Farmington, CT 06032-3384
      View Details
    • Value Estimation
      $380,000
      3,227 SF

      98 Winding Trl

      OFFICE BUILDING • 3,227 SF
      98 Winding Trl, Farmington, CT 06032
      View Details

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      Office space available for sublease in Farmington, Connecticut.
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      Office space available for lease in Farmington, Connecticut.
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      View Details
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    1 Farm Spgs Rd
    Farmington, CT 06032-2572
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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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