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Property profile & analytics
OFF-MARKET
Estimated value
$280,000
Commercial land
311 Hebron Ave 329 Glastonbury, CT 06033-2116
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US15-0060592
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1899
Construction
WOOD FRAME
Total area
1,656 SF
Lot
0.39 ac (16,988 SF)
Zoning code
PBD
APN
GLAS M:D5 B:2920 L:N0026
UPID
US15-0060592
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$285k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
11 Hebron Ave LLC · 7 yrs held
11 Hebron Ave LLC
since 2018
5 recorded transactions
Zoning & alternative use
PBD · Glastonbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Intent of this to promote Planned Business And Development Uses.
Zone name
Planned Business And Development
General category
COMMERCIAL
Zone area
73.03 ac
Source
Realmo
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 Glastonbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glastonbury 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
$285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$280k
Range $252k – $308k · ±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
$169 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$7,424
Tax year 2024
Assessed value
$232,500
Assessed 2024
Previous assessed
$232,500
+0.0% YoY
Effective rate
3.19%
On assessed value
Assessed land
$232,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1899
Construction
WOOD FRAME
Heating
STEAM
Stories
2
Total area
1,656 SF
Lot
0.39 ac (16,988 SF)
Zoning code
PBD
APN
GLAS M:D5 B:2920 L:N0026
UPID
US15-0060592
Jurisdiction
GLASTONBURY
Zoning & alternative use
PBD · Glastonbury, CTZoning PBD · permitted uses
PBD · Glastonbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Intent of this to promote Planned Business And Development Uses.
Zone name
Planned Business And Development
General category
COMMERCIAL
Zone area
73.03 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1899
Construction
WOOD FRAME
Heating
STEAM
Stories
2
Lot
0.39 ac
Current owner
From public records · entity-resolved
11 Hebron Ave LLC
Entity
Mailing address
101 FOOTE RD, SOUTH GLASTONBURY, CT 06073-3314
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2018
$400,000
11 Hebron Ave LLC
Red Geranium LLC
Warranty Deed
$320,000 · Dime Bank
Nov 17, 2011
—
Red Geranium LLC
—
Deed Of Trust
related
$16,875 · Omeowners Finance Co
Oct 8, 2010
$1
Red Geranium LLC
Perkett,mildred
Grant Deed
related
—
Aug 19, 1999
—
Richard Parkett
—
Deed Of Trust
related
$50,000 · Equicredit Corp
Dec 15, 1998
$139,000
Richard W Perkett
Simaitis Julia M Est
Grant Deed
$50,000 · Option One Mortgage Corp
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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