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Property profile & analytics
FOR LEASE
Office buildings
1210 Silas Deane Hwy Wethersfield, CT 06109
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-0877274
For Lease
1 / 2
$5,170,000
1210 Silas Deane Hwy, Wethersfield, CT 06109
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
41,175 SF
Lot
12.67 ac (551,905 SF)
Zoning code
RC
APN
WETH M:237 B:009
UPID
US15-0877274
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
-
Nicole Pensiero, MSN, APRN, FNP-C Physician
-
David K. Emmel, MD Ophthalmologist
-
Starling Physicians Wethersfield OB/GYN Physician
-
Starling Physicians Ophthalmology Medical Group
-
Starling Physicians OB/GYN Medical Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.92M
Blend (final)
Blend
$5.17M
Owner & transaction history
Phoenix 1210 LLC · 7 yrs held
Phoenix 1210 LLC
since 2019
5 recorded transactions
Zoning & alternative use
RC · Wethersfield, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.0M
+127.6%
Retail stores
$4.2M
+34.5%
Auto repair, garage
$3.7M
+19.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$7,040,000
Change: +128% · Conversion: Moderate
RETAIL STORES
$4,160,000
Change: +34% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,690,000
Change: +19% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,600,000
Change: +16% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,600,000
Change: +16% · Conversion: Easy
Blend value · Realmo final
$5.17M
Range $4.65M – $5.69M · ±10%
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
$126 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$250,607
Tax year 2024
Assessed value
$5,798,410
Assessed 2024
Previous assessed
$5,798,410
+0.0% YoY
Effective rate
4.32%
On assessed value
Assessed land
$1,750,000
Assessed improvement
$4,048,410
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
41,175 SF
Lot
12.67 ac (551,905 SF)
Zoning code
RC
APN
WETH M:237 B:009
UPID
US15-0877274
Jurisdiction
WETHERSFIELD
Zoning & alternative use
RC · Wethersfield, CT
Zoning RC · permitted uses
RC · Wethersfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wethersfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$7.0M
RETAIL STORES
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$3.6M
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
2021
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
12.67 ac
Current owner
From public records · entity-resolved
Phoenix 1210 LLC
Entity
Free & Clear · 7 yrs held
Mailing address
464 HERITAGE RD STE F, SOUTHBURY, CT 06488-3863
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2024
—
Phoenix 1210 LLC
—
Deed
related
$6,250,000 · Northwest Community Bank
May 28, 2019
—
Phoenix 1210 LLC
1210 Silas Deane Hwy LLC
Warranty Deed
—
Jun 28, 2012
$1
1210 Silas Deane Hwy LLC
Singer,bruce
Grant Deed
related
—
Apr 30, 2001
$5,580,000
Phoenix Medical LLC
Burritt Assoc Rlty Dev
Grant Deed
$3,865,000 · Worth Funding INC
Jan 27, 1999
$675,000
Assoc Rlty Dev Burritt
Singer,allan
Warranty Deed
—
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?”
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