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Property profile & analytics
OFF-MARKET
Commercial real estate
244 Farms Vlg Rd, West Simsbury, CT 06092-2407
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US15-0747617
Property summary
AI-generated overview
This newly renovated, 1300 square foot creative office space is located at 244 Farms Village Road in West Simsbury, Connecticut (06092), within Hartford County. The single-tenant unit boasts a freshly painted interior and features a brand new HVAC system ensuring year-round comfort. Ample on-site parking is available for employees and clients, eliminating parking hassles. The property enjoys convenient access to major roadways, public transportation, and a variety of nearby amenities including restaurants, shops, and cafes. This well-designed space is ideal for a range of businesses, from small startups and consultants to established firms seeking a functional and affordable workspace in a vibrant plaza. The property's location in West Simsbury offers a blend of professional convenience and accessibility. This is a fantastic opportunity to secure a move-in ready office space in a desirable location.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
2.4 ac (104,544 SF)
Zoning code
B-3
APN
SIMS M:C10 B:418 L:16
UPID
US15-0747617
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
-
Farms Village Shopping Center Shopping Center & Mall
-
Mosquito Joe of Farmington Valley Garden Center
-
Jacqueline M. Alexander, MA Counselor Doctor
-
Collaborative Natural Health Partners Alternative Medicine Practice
-
Ana's Kitchen Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
244 Farms Village Rd LLC · 14 yrs held
244 Farms Village Rd LLC
since 2012
6 recorded transactions
Zoning & alternative use
B-3 · West 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 West Simsbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$31,475
Tax year 2023
Assessed value
$989,170
Assessed 2023
Previous assessed
$989,170
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$229,320
Assessed improvement
$759,850
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
Heating
NONE
Cooling
YES
Buildings
3
Lot
2.4 ac (104,544 SF)
Zoning code
B-3
APN
SIMS M:C10 B:418 L:16
UPID
US15-0747617
Jurisdiction
SIMSBURY
Zoning & alternative use
B-3 · West Simsbury, CT
Zoning B-3 · permitted uses
B-3 · West Simsbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Simsbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
3
Lot
2.4 ac
Current owner
From public records · entity-resolved
244 Farms Village Rd LLC
Entity
Mailing address
17 KNOLLWOOD CIR, SIMSBURY, CT 06070-1313
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2013
—
244 Farms Village Rd LLC
—
Deed Of Trust
related
$825,000 · Windsor Fsla
May 14, 2012
$1,230,000
244 Farms Village Rd LLC
Farms Village Plaza LLC
Warranty Deed
$872,500 · Farms Village Plaza LLC
Jan 9, 2004
—
Farms Village Plaza LLC
—
Deed Of Trust
related
$511,000 · Savings Bank Of Manchester
Jul 29, 1997
—
Db Companies INC
—
Deed Of Trust
related
$38,000 · Citizens Bank Of Ri
Nov 30, 1995
$570,000
Farms Vlg Rdd
Wethersfield T
Warranty Deed
—
Jul 24, 1989
—
T Wethersfield
—
Deed Of Trust
related
$500,000 · Landmark Bk
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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