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    Property profile & analytics

    38 Wolcott Rd Simsbury, CT 06070-1416

    • Manufacturing properties
    • 4,500 SF
    • 0.79 lot acres
    OFF-MARKET
    Value Estimation
    $520,000
    Last Sale
    Jun 03, 2020
    $500,000
    Location Intelligence
    Property ID
    US15-0730063
    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

    • Russ Collision Auto Body Services / Auto Body Shop

    Property Details for 38 Wolcott Rd

    Year built
    1988
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.79 lot acres
    Property size
    4,500 SF
    Zone code
    I-1
    Property type
    Manufacturing properties
    APN
    SIMS M:I03 B:439 L:10
    APU
    SIMSMI03B439L10

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $515,000

    • CAP approach

      CAP return
      Estimation
      6%
      $555,000
      6.5%
      $525,000
      7%
      $470,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $540,000
      Geo Method
      $560,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $575,000
      Retail
      $540,000
      Mixed-Use
      $440,000
      Hospitality
      $430,000
      Educational
      $500,000
      Residential Income
      $585,000
      Energy
      $545,000
      Income-Based Land
      $440,000
      Food Service
      $540,000

    Location Insight

    • Map
    • Local Demand
    City
    Simsbury
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7847
    Latitude
    41.9111
    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
    $8,212
    $81,270
    $176,820
    $258,090
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,620,000
      40,706 SF

      100 Grist Ml Ln

      MANUFACTURING (LIGHT) • 40,706 SF
      100 Grist Ml Ln, Simsbury, CT 06070-2484
      View Details
    • Value Estimation by Request
      32,748 SF

      90 Wolcott Rd

      MANUFACTURING (LIGHT) • 32,748 SF
      90 Wolcott Rd, Simsbury, CT 06070-1462
      View Details
    • Value Estimation
      $485,000
      16,000 SF

      11 Herman Dr

      MANUFACTURING (LIGHT) • 16,000 SF
      11 Herman Dr, Simsbury, CT 06070-1463
      View Details
    • Value Estimation
      $475,000
      15,386 SF

      8 Herman Dr

      MANUFACTURING (LIGHT) • 15,386 SF
      8 Herman Dr, Simsbury, CT 06070-1496
      View Details
    • Value Estimation
      $475,000
      15,000 SF

      17 Herman Dr

      MANUFACTURING (LIGHT) • 15,000 SF
      17 Herman Dr, Simsbury, CT 06070-1452
      View Details
    • Value Estimation
      $375,000
      7,750 SF

      10 Herman Dr

      MANUFACTURING (LIGHT) • 7,750 SF
      10 Herman Dr, Simsbury, CT 06070-1466
      View Details

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    Similar Nearby for Lease

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      Retail space suitable for various businesses.
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      View Details
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    • $16 SF/Yr
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      Prime Avon/Simsbury Retail Space Available
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      Retail or office space available in high-traffic location.
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      View Details
    • Contact for pricing
      11,600 SF

      Retail Space with Drive-Thru

      Retail and drive-thru spaces available, co-tenancy with Chipotle.
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      View Details
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    Simsbury, CT 06070-1416
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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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