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Property profile & analytics
OFF-MARKET
Estimated value
$5,240,000
Commercial real estate
1280 Hopmeadow St, Simsbury, CT 06070-1425
Trust Owned
5-yr Hold
~
Est. High Equity
Property ID
US15-0661276
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1985
Construction
STEEL FRAME
Total area
13,275 SF
Lot
5.92 ac (257,875 SF)
Zoning code
I-2
APN
SIMS M:I05 B:439 L:2+2AA
UPID
US15-0661276
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
-
Storage Rentals of America Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.24M
Owner & transaction history
Sroa 1280 Hopmeadow Ct Trust · 5 yrs held
Sroa 1280 Hopmeadow Ct Trust
since 2020
Last sale
$5.2M
7 recorded transactions
Zoning & alternative use
I-2 · Simsbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Simsbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Simsbury 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
$5,360,000
ML approach
$5,225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.24M
Range $4.72M – $5.76M · ±10% · vs last sale $5.19M (Nov 9 2020)
Last sale anchor
$5.19M
Nov 9 2020
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
$395 / 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
$143,157
Tax year 2023
Assessed value
$4,498,970
Assessed 2023
Previous assessed
$4,498,970
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$1,196,580
Assessed improvement
$3,302,390
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
9
Stories
1
Rooms
1
Total area
13,275 SF
Lot
5.92 ac (257,875 SF)
Zoning code
I-2
APN
SIMS M:I05 B:439 L:2+2AA
UPID
US15-0661276
Jurisdiction
SIMSBURY
Zoning & alternative use
I-2 · Simsbury, CT
Zoning I-2 · permitted uses
I-2 · Simsbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Simsbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
9
Rooms
1
Lot
5.92 ac
Current owner
From public records · entity-resolved
Sroa 1280 Hopmeadow Ct Trust
Trust
Mailing address
324 S DATURA ST STE #338, WEST PALM BEACH, FL 33401-5417
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2020
$5,189,100
Sroa 1280 Hopmeadow Ct Trust
Storage Pros Simsbury LLC
Warranty Deed
$4,800,000 · Teachers Insurance
May 11, 2016
$4,199,996
Storage Pros Simsbury
Albany Rd Storage Sims
Warranty Deed
$26,107,700 · Eastern Bank
Dec 19, 2012
$4,600,000
Rod Ct Storage Sims Albany
Ecp Simsbury LLC
Warranty Deed
$7,500,000 · Gary Needham
Dec 19, 2012
—
Road Court Storage Albany
—
Deed Of Trust
related
$7,500,000 · Gary Needham
Jun 2, 2005
$4,595,000
Ecp Simsburg LLC
1280 Hopmeadow St LLC
Warranty Deed
$3,625,000 · Citizens Svgs Bk Ct
Feb 25, 1999
—
Stephen D Fish
—
Deed Of Trust
related
$2,250,000 · Fleet National Bank
Dec 13, 1996
—
Stephen Fish
—
Deed Of Trust
related
$1,800,000 · Fleet Mortgage Corp
Jan 4, 1993
$1,600,000
Stephen Fish
Oregon Prop RT
Grant Deed
$1,200,000 · Connecticut National Bank
Oct 16, 1992
—
Stephen Fish
—
Deed Of Trust
related
$1,575,000 · Fleet Mortgage Corp
May 1, 1989
—
Terrence O'connor
—
Deed Of Trust
related
$300,000 · Zuckerman Family Nomi
Apr 18, 1988
—
Terrence Oconnor
—
Deed Of Trust
related
$2,650,000 · Ct Natl Bk
Feb 9, 1987
—
Terrence O'connor
—
Deed Of Trust
related
$250,000 · Connecticut Bank & Trust
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.
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