Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    16 Railroad St Simsbury, CT 06070-2201

    • Retail space
    • 7,034 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Last Sale
    Sep 06, 2022
    $300,000
    Location Intelligence
    Property ID
    US15-0912952
    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

    • Valley Home Hardware & Garden Centre / Garden Center
    • True Value Home Hardware & Garden Center / Home Improvement Store / Tool Rental Service
    • Simsbury True Garage Doors Repair Services - Door & Springs Installation Service / Corporate Office / Door Supplier
    • Simsbury American Epoxy Flooring Service / Flooring Contractor / Contractor
    • ct snowblower / Snow Removal Service

    Property Details for 16 Railroad St

    Year built
    1930
    Construction
    FRAME
    Lot size
    0.29 lot acres
    Property size
    7,034 SF
    Zone code
    SCZ
    Property type
    Retail space
    APN
    SIMS M:H10 B:226 L:1B
    APU
    SIMSMH10B226L1B

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $240,000
      6.5%
      $215,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $220,000
      Geo Method
      $230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $185,000
      Retail
      $245,000
      Mixed-Use
      $220,000
      Hospitality
      $250,000
      Educational
      $220,000
      Residential Income
      $235,000
      Energy
      $240,000
      Income-Based Land
      $185,000
      Food Service
      $230,000

    Location Insight

    • Map
    • Local Demand
    City
    Simsbury
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.8002
    Latitude
    41.8745
    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
    2024
    $12,743
    $203,000
    $179,550
    $382,550
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      64,948 SF

      498 Bushy Hl Rd

      RETAIL STORES (PERSONAL SERVICES) • 64,948 SF
      498 Bushy Hl Rd, Simsbury, CT 06070-2931
      View Details
    • Value Estimation
      $350,000
      3,496 SF

      1591 Hopmeadow St

      RETAIL STORES (PERSONAL SERVICES) • 3,496 SF
      1591 Hopmeadow St, Simsbury, CT 06070-1409
      View Details
    • Value Estimation by Request
      43,832 SF

      828 Hopmeadow St

      RETAIL STORES (PERSONAL SERVICES) • 43,832 SF
      828 Hopmeadow St, Simsbury, CT 06070-1825
      View Details
    • Value Estimation
      $470,000
      2,527 SF

      563 Hopmeadow St

      RETAIL STORES (PERSONAL SERVICES) • 2,527 SF
      563 Hopmeadow St, Simsbury, CT 06070-2416
      View Details
    • Value Estimation
      $5,020,000
      19,756 SF

      1603 Hopmeadow St

      RETAIL STORES (PERSONAL SERVICES) • 19,756 SF
      1603 Hopmeadow St, Simsbury, CT 06070-1433
      View Details
    • Value Estimation
      $330,000
      1,836 SF

      1376 Hopmeadow St

      RETAIL STORES (PERSONAL SERVICES) • 1,836 SF
      1376 Hopmeadow St, Simsbury, CT 06070-1411
      View Details

    Similar Nearby for Sale

    • $1,100,000
      9,998 SF

      Retail Property with Full Basement

      Two-story retail property with a full basement for sale.
      720 Hopmeadow St, Simsbury, CT 06070
      View Details
    • $599,000

      Simsbury Specialty Property For Sale

      Specialty property available for purchase in Simsbury, Connecticut.
      301 Bushy Hill Rd, Simsbury, CT 06070
      View Details
    • $385,000

      Bushy Hill Road Specialty Property

      Specialty property available for sale on Bushy Hill Road.
      395 Bushy Hill Rd, Simsbury, CT 06070
      View Details
    • $698,888

      Simsbury Specialty Property For Sale

      Specialty property available for purchase in Simsbury, Connecticut.
      87 Cambridge Ct, Simsbury, CT 06070
      View Details
    • $2,500,000
      4.50 Acres

      Land Dorset Xing

      Land • 4.50 Acres
      Land Dorset Xing, Simsbury, CT 06070
      View Details
    • $575,000

      Simsbury Specialty Property For Sale

      Specialty property available for purchase in Simsbury, Connecticut.
      8 Crane Pl, Simsbury, CT 06070
      View Details

    Similar Nearby for Lease

    • $1,200 /Mo
      520 SF

      Retail Space For Rent

      Retail space suitable for various businesses.
      1404 Hopmeadow St, Simsbury, CT 06070
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space with Drive-Thru

      Retail space available with drive-thru and high visibility.
      1263 Hopmeadow St, Simsbury, CT 06070
      View Details
    • $20 SF/Yr
      43,832 SF

      Simsbury Retail and Office Space

      Retail and office spaces available in Simsbury, Connecticut.
      828 Hopmeadow St, Simsbury, CT 06070
      View Details
    • Contact for pricing
      1,864 SF

      Retail Space in Power Center

      Retail space available in dominant regional shopping center.
      500-530 Bushy Hill Rd, Simsbury, CT 06070
      View Details
    • $1,800 /Mo
      1,086 SF

      Retail/Office Space For Rent

      Retail or office space available in high-traffic location.
      134 West St, Simsbury, CT 06070
      View Details
    • Contact for pricing
      58,445 SF

      Simsbury Commons Retail Center

      Prime Avon/Simsbury Retail Space Available
      0 Simsbury Rd, Avon, CT 06070
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16 Railroad St
    Simsbury, CT 06070-2201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.