Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,230,000
Day care centers
1199 Silas Deane Hwy Wethersfield, CT 06109-4301
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US15-0830428
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,298 SF
Lot
1.77 ac (77,188 SF)
Zoning code
RC
APN
WETH M:238 B:005
UPID
US15-0830428
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Children of America Wethersfield Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$992k
Blend (final)
Blend
$1.23M
Owner & transaction history
1199 Sdh LLC · 5 yrs held
1199 Sdh LLC
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
RC · Wethersfield, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
E. The Regional Commercial (RC) District is intended to provide for the development, maintenance, and enhancement of large-scale business development that will meet the needs of residents of Wethersfield and the surrounding communities. F. The Business Park (BP) District is intended to provide for the development, maintenance, and enhancement of areas that w…
Zone name
Regional Commercial
General category
COMMERCIAL
Zone area
331.97 ac
Source
Zoning Regulations
Top alternative use upside
Restaurant
$1.9M
+91.1%
Commercial (general)
$1.7M
+78.6%
Retail stores
$1.6M
+60.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wethersfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wethersfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,405,000
ML approach
$1,430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$975,000
Current use
RESTAURANT
$1,865,000
Change: +91% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,745,000
Change: +79% · Conversion: Difficult
RETAIL STORES
$1,570,000
Change: +61% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,275,000
Change: +31% · Conversion: Difficult
OFFICE BUILDING
$1,265,000
Change: +30% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,220,000
Change: +25% · Conversion: Difficult
MEDICAL BUILDING
$1,160,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.11M – $1.35M · ±10% · vs last sale $1.17M (Feb 12 2021)
Last sale anchor
$1.17M
Feb 12 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$75 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$56,192
Tax year 2023
Assessed value
$1,344,960
Assessed 2023
Previous assessed
$1,344,960
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$525,000
Assessed improvement
$819,960
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
16,298 SF
Lot
1.77 ac (77,188 SF)
Zoning code
RC
APN
WETH M:238 B:005
UPID
US15-0830428
Jurisdiction
WETHERSFIELD
Zoning & alternative use
RC · Wethersfield, CTZoning RC · permitted uses
RC · Wethersfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
E. The Regional Commercial (RC) District is intended to provide for the development, maintenance, and enhancement of large-scale business development that will meet the needs of residents of Wethersfield and the surrounding communities. F. The Business Park (BP) District is intended to provide for the development, maintenance, and enhancement of areas that will allow for economic development in order to provide for employment and a healthy tax base for the community. Permitted Principal Uses Table Legend P Permitted Use Following Zoning Permit Approval by the ZEO SP Permitted Following Site Plan Approval by the Commission CU-SP A Conditional Use Permitted Only After Special Permit Approval by the Commission Blank Not Permitted A. Residential Uses VB TC O GB RC BP 1. One-family dwellings. P P 2. Mixed residential and commercial uses in accordance with Section 5.10 (12/8/08) CU-SP CU-SP CU-SP CU-SP 59 3. Nursing, convalescent, congregate, or assisted living facility in accordance with
Zone name
Regional Commercial
General category
COMMERCIAL
Zone area
331.97 ac
Source
Zoning Regulations
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$975,000
RESTAURANT
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.2M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
1.77 ac
Current owner
From public records · entity-resolved
1199 Sdh LLC
Entity
Mailing address
919 LINCOLN RD, MIAMI BEACH, FL 33139-2601
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2025
—
1199 Sdh LLC
—
Deed
related
$3,150,000 · Windsor Federal Bank
Dec 30, 2022
—
1199 Sdh LLC
—
Deed
related
$295,000 · Bankwell Bank
Feb 12, 2021
$1,165,000
1199 Sdh LLC
1199 Silas Deane Assoc
Warranty Deed
—
Jan 7, 2019
$450,000
1199 Silas Deane Assoc
1199 Silas Deane LLC
Warranty Deed
—
Mar 15, 2001
$910,000
Silas Deane LLC
Stephen F Later T
Warranty Deed
—
Feb 3, 1994
—
Stephan F Later
—
Deed Of Trust
related
$60,912 · Chester J Later Etal
Nov 25, 1992
—
Stephen F Later
—
Deed Of Trust
related
$400,000 · Equity Bank
—
—
1199 Silas Deane Assoc
—
Deed Of Trust
related
$1,600,000 · Paul H Kaplan
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1199 Silas Deane Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
