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    Property profile & analytics

    3 School St Somers, CT 06071

    • Investment properties
    • 1,364 SF
    • 0.89 lot acres
    OFF-MARKET
    Value Estimation
    $240,000
    Location Intelligence
    Property ID
    US15-1079752
    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

    • Investment properties

    Property Details for 3 School St

    Year built
    1956
    Construction
    CONCRETE
    Lot size
    0.89 lot acres
    Property size
    1,364 SF
    Zone code
    A-1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    SOME M:21 B:45
    APU
    SOMEM21B45

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $200,000
      7%
      $205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $205,000
      Geo Method
      $195,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $165,000
      Retail
      $210,000
      Mixed-Use
      $220,000
      Hospitality
      $190,000
      Educational
      $215,000
      Residential Income
      $190,000
      Energy
      $205,000
      Income-Based Land
      $165,000
      Food Service
      $210,000

    Location Insight

    • Map
    • Local Demand
    City
    Somers
    County
    Tolland
    State
    Connecticut
    Longitude
    -72.4839
    Latitude
    41.9856
    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
    $4,122
    $54,100
    $91,500
    $145,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $820,000
      9,078 SF

      352 Billings Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 9,078 SF
      352 Billings Rd, Somers, CT 06071-2022
      View Details
    • Value Estimation
      $240,000
      1,985 SF

      646 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,985 SF
      646 Main St, Somers, CT 06071-2119
      View Details
    • Value Estimation
      $305,000
      5,249 SF

      87 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,249 SF
      87 Main St, Somers, CT 06071-1822
      View Details
    • Value Estimation
      $210,000
      1,488 SF

      626 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,488 SF
      626 Main St, Somers, CT 06071-2119
      View Details
    • Value Estimation
      $425,000
      0.73 Acres

      112 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.73 Acres
      112 Main St, Somers, CT 06071
      View Details
    • Value Estimation
      $315,000
      2,526 SF

      635 Main St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 2,526 SF
      635 Main St, Somers, CT 06071-2102
      View Details

    Similar Nearby for Sale

    • $1,500,000
      3,325 SF

      Somers Wine & Liquor Business

      Established Wine & Liquor Store, Real Estate Included
      103 Main St, Somers, CT 06071
      View Details
    • $349,900

      Somers Multifamily Property For Sale

      Multifamily property available in Somers, Connecticut.
      132 Main St, Somers, CT 06071
      View Details
    • $539,900

      Somers Specialty Properties For Sale

      Two specialty properties available in Somers, Connecticut.
      12 Haas Rd, Somers, CT 06071
      View Details
    • $549,900

      Somers Multifamily Property For Sale

      Multifamily property available in Somers, Connecticut.
      46 School St, Somers, CT 06071
      View Details
    • $790,000

      Somers Specialty Property For Sale

      Specialty property available for purchase in Somers, Connecticut.
      17 Long Hill Dr, Somers, CT 06071
      View Details
    • $145,000
      1.49 Acres

      Residential Land in Quiet Neighborhood

      Corner lot in Somers, CT, exclusive builder rights apply.
      175 Stafford Rd, Somers, CT 06071
      View Details

    Similar Nearby for Lease

    • $1,700 /Mo
      1,000 SF

      Refurbished Mill Building Office Space

      1,000 SF office space in refurbished mill building for lease.
      27 Quality Ave, Somers, CT 06071
      View Details
    • Contact for pricing

      Somers Commercial Land For Lease

      0.83-acre commercial land suitable for various office/retail uses.
      588-592 Main St, Somers, CT 06071
      View Details
    • $18 SF/Yr
      3,200 SF

      Somers Office Suites Available

      Modern Office Space, Flexible Sizes
      24 Battle St, Somers, CT 06071
      View Details
    • $13 SF/Yr
      720 SF

      Somers Retail/Office Space Available

      Commercial plaza unit suitable for retail, service, or office.
      11 South Rd, Somers, CT 06071
      View Details

    Property Visit Statistics

    • Visits by month
      6.1k
    • Visitors by month
      2.9k
    • Avg Time on site
      5 min
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    3 School St
    Somers, CT 06071
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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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