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Property profile & analytics

3 Massaco St Simsbury, CT 06070-2118

  • Office buildings
  • 2,340 SF
  • 0.25 lot acres
OFF-MARKET
Value Estimation
$365,000
Last Sale
Feb 13, 2020
$350,000
Location Intelligence
Property ID
US15-0287613
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

  • Tours of Distinction / Travel Agency / Tour Operator

Property Details for 3 Massaco St

Year built
1920
Construction
FRAME
Lot size
0.25 lot acres
Property size
2,340 SF
Zone code
SCZ
Property type
Office buildings
APN
SIMS M:H09 B:202 L:4
APU
SIMSMH09B202L4

Description

This exceptional 2,340 square foot commercial property, situated on a 0.25-acre lot at 3 Massaco Street in Simsbury, Connecticut, presents a unique investment opportunity. The building, boasting a classic colonial architectural style, is zoned SC-1, allowing for a wide range of commercial uses. Potential tenants could include daycare centers, medical practices, offices, retail businesses, group living facilities, and more. Its convenient downtown location offers unparalleled access to a wealth of amenities. Residents and employees will enjoy proximity to shopping centers, recreational areas, outdoor events, schools, places of worship, municipal services, and a diverse selection of restaurants. The interior layout provides considerable flexibility, featuring two half-bathrooms and a partially equipped kitchen. This adaptable space is ideal for businesses seeking a well-situated and versatile property in a thriving Connecticut community. The asking price for this promising commercial property is $450,000. This represents a compelling opportunity to acquire a strategically located asset with significant potential for growth and return on investment. The property's zoning and location make it an attractive prospect for a variety of commercial ventures.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $360,000
  • CAP approach

    CAP return
    Estimation
    6%
    $330,000
    6.5%
    $390,000
    7%
    $370,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $350,000
    Geo Method
    $380,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $395,000
    Retail
    $430,000
    Mixed-Use
    $440,000
    Hospitality
    $350,000
    Educational
    $415,000
    Residential Income
    $450,000
    Energy
    $370,000
    Income-Based Land
    $375,000
    Food Service
    $380,000

Location Insight

  • Map
  • Local Demand
City
Simsbury
County
Hartford
State
Connecticut
Longitude
-72.8007
Latitude
41.8812
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
2023
$7,936
$110,880
$138,530
$249,410
-
$0.00
$0.00
$0.00
More about this property
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