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    Property profile & analytics

    245 Hopmeadow St Weatogue, CT 06089-7903

    • Office buildings
    • 8,188 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    $605,000
    Last Sale
    Sep 30, 2024
    $575,000
    Location Intelligence
    Property ID
    US15-0712565
    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

    • Law Office of Andrea M Melanson LLC / Attorney / Law Firm
    • Telecare Partners Group / Consultant
    • Forest Park Apartments / Apartment Building
    • Smart Web Doc / Website Designer
    • Micro-Tech Computer Services Inc / Data Recovery Service

    Property Details for 245 Hopmeadow St

    Year built
    1984
    Construction
    FRAME
    Lot size
    0.47 lot acres
    Property size
    8,188 SF
    Zone code
    I-2
    Property type
    Office buildings
    APN
    SIMS M:F16 B:116 L:3B-32123415
    APU
    SIMSMF16B116L3B32123415

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $575,000

    • CAP approach

      CAP return
      Estimation
      6%
      $660,000
      6.5%
      $635,000
      7%
      $735,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $670,000
      Geo Method
      $660,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $575,000
      Retail
      $755,000
      Mixed-Use
      $605,000
      Hospitality
      $700,000
      Educational
      $650,000
      Residential Income
      $725,000
      Energy
      $730,000
      Income-Based Land
      $645,000
      Food Service
      $605,000

    Location Insight

    • Map
    • Local Demand
    City
    Weatogue
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.8149
    Latitude
    41.8406
    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
    $18,598
    $74,410
    $483,910
    $558,320
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      42,447 SF

      86 Hopmeadow St

      OFFICE BUILDING • 42,447 SF
      86 Hopmeadow St, Weatogue, CT 06089-7955
      View Details
    • Value Estimation by Request
      9,930 SF

      92 Hopmeadow St

      OFFICE BUILDING • 9,930 SF
      92 Hopmeadow St, Weatogue, CT 06089-9698
      View Details
    • Value Estimation by Request
      118,570 SF

      82 Hopmeadow St

      OFFICE BUILDING • 118,570 SF
      82 Hopmeadow St, Weatogue, CT 06089-9694
      View Details
    • Value Estimation
      $515,000
      10,326 SF

      237 Hopmeadow St

      OFFICE BUILDING • 10,326 SF
      237 Hopmeadow St, Weatogue, CT 06089-9763
      View Details
    • Value Estimation
      $510,000
      5,800 SF

      125 Latimer Ln

      OFFICE BUILDING • 5,800 SF
      125 Latimer Ln, Weatogue, CT 06089-9735
      View Details
    • Value Estimation
      $360,000
      2,168 SF

      90 Hopmeadow St

      OFFICE BUILDING • 2,168 SF
      90 Hopmeadow St, Weatogue, CT 06089-9602
      View Details

    Similar Nearby for Sale

    • $480,000

      Land For Sale

      Land available for sale.
      26 Red Stone Dr, Weatogue, CT 06089
      View Details
    • $799,900

      Hopmeadow Street Specialty Property

      Specialty property available for sale on Hopmeadow Street.
      368 Hopmeadow St, Weatogue, CT 06089
      View Details
    • Contact for pricing

      Commercial Land Available For Sale

      Two sites available for retail or business purposes.
      2 Hopmeadow St, Simsbury, CT 06089
      View Details
    • $474,900

      Specialty Property For Sale

      Specialty property available for purchase.
      3 Minister Brook Dr, Weatogue, CT 06089
      View Details
    • $699,000
      1,584 SF

      Simsbury Commercial Building & Business

      Turnkey Barber Shop, High Traffic Area
      136 Hopmeadow St, Simsbury, CT 06089
      View Details
    • $699,000

      Hopmeadow Street Specialty Property

      Specialty property available for sale on Hopmeadow Street.
      136 Hopmeadow St, Simsbury, CT 06089
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      42,212 SF

      Simsbury Office Space Available

      Modern Simsbury office suites, flexible sizes.
      86 Hopmeadow St, Simsbury, CT 06089
      View Details
    • $500,000
      3,000 SF

      Farmington Valley Professional Office Space

      Professional office space in desirable Farmington Valley. Suites available.
      90 Hopmeadow St, Simsbury, CT 06089
      View Details
    • Contact for pricing

      Commercial Land for Lease

      Two sites available for retail or business use.
      20 Hopmeadow St, Simsbury, CT 06089
      View Details
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    245 Hopmeadow St
    Weatogue, CT 06089-7903
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    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
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