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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Office buildings
237 Hopmeadow St, Weatogue, CT 06089-9763
Entity Owned
19-yr Hold
Free & Clear
Property ID
US15-0568957
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1975
Construction
FRAME
Total area
10,326 SF
Lot
1.12 ac (48,787 SF)
Zoning code
B-3
APN
SIMS M:F16 B:116 L:3B-1
UPID
US15-0568957
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
-
Meyers Ein Linda Law Firm
-
Webber & Meyers LLC Law Firm
-
Brent J. Munson, LMFT Physician
-
Allergy Associates-Hartford Pc Medical Clinic
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$730k
Blend (final)
Blend
$720k
Owner & transaction history
Residential One Rlty LLC · 19 yrs held
Residential One Rlty LLC
since 2007
7 recorded transactions
Zoning & alternative use
B-3 · Weatogue, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.2M
+4.4%
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 Weatogue submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weatogue 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
OFFICE BUILDING
$1,140,000
Current use
RETAIL STORES
$1,190,000
Change: +4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,035,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$975,000
Change: -14% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$950,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$70 / 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
$17,124
Tax year 2023
Assessed value
$538,160
Assessed 2023
Previous assessed
$538,160
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$103,460
Assessed improvement
$434,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1975
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Rooms
8
Bathrooms
3
Total area
10,326 SF
Lot
1.12 ac (48,787 SF)
Zoning code
B-3
APN
SIMS M:F16 B:116 L:3B-1
UPID
US15-0568957
Jurisdiction
SIMSBURY
Zoning & alternative use
B-3 · Weatogue, CT
Zoning B-3 · permitted uses
B-3 · Weatogue, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Weatogue. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$975,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$950,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1975
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Rooms
8
Bathrooms
3
Lot
1.12 ac
Current owner
From public records · entity-resolved
Residential One Rlty LLC
Entity
Free & Clear · 19 yrs held
Mailing address
PO BOX 1002, SIMSBURY, CT 06070-7302
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2013
—
Res One Realty LLC
—
Deed Of Trust
related
$380,000 · First Niagara Bank
Apr 2, 2007
$760,000
Residential One Rlty LLC
Simrich Realty LLC
Warranty Deed
—
Aug 7, 2003
$700,000
Simrich Realty LLC
237 Hopmeadow St
Warranty Deed
$525,000 · Savings Bank Of Manchester
Dec 9, 1992
—
Stephen Fish
—
Deed Of Trust
related
$352,000 · Springfield Inst For Saving
Apr 23, 1991
$650,000
Springfield Inst/svgs
Bldg Systems Unlimited
Grant Deed
related
—
Mar 14, 1990
—
Bldg Systems Unlimited
—
Deed Of Trust
related
$500,000 · Zwi Kohorn
Nov 28, 1989
—
Bldg Systems Unltd
—
Deed Of Trust
related
$2,500,000 · Union Trust Co
Aug 24, 1989
—
Building Systems Unltd
—
Deed Of Trust
related
$800,000 · Springfield Inst Svgs
Jun 30, 1988
$800,000
Bldg Systems Unltd
Grube,paul
Grant Deed
$750,000 · Union Trust Co
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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