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    Property profile & analytics

    383 Silas Deane Hwy Wethersfield, CT 06109-2133

    • Office buildings
    • 2,724 SF
    • 0.44 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Last Sale
    Mar 18, 2022
    $372,500
    Location Intelligence
    Property ID
    US15-0578726
    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

    • AGAPE Consulting / Consultant / Educational Consultant
    • Weston Donald H DMD / Dentist
    • Nationwide Insurance: Christopher Lyons / Renter'S Insurance Agency / Auto Insurance Agency
    • Lyons & Wraight Insurance / Insurance Agency
    • universal healing / Massage Therapist / Alternative Medicine Practitioner

    Property Details for 383 Silas Deane Hwy

    Year built
    1965
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.44 lot acres
    Property size
    2,724 SF
    Zone code
    O
    Property type
    Office buildings
    APN
    WETH M:209 B:054
    APU
    WETHM209B054

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $375,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $360,000
      7%
      $420,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $470,000
      Mixed-Use
      $455,000
      Hospitality
      $465,000
      Educational
      $350,000
      Residential Income
      $450,000
      Energy
      $470,000
      Income-Based Land
      $440,000
      Food Service
      $395,000

    Location Insight

    • Map
    • Local Demand
    City
    Wethersfield
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6655
    Latitude
    41.716
    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
    $13,892
    $200,200
    $132,300
    $332,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $750,000
      10,977 SF

      1177 Silas Deane Hwy, Unit 1185

      OFFICE BUILDING • 10,977 SF
      1177 Silas Deane Hwy, Wethersfield, CT 06109-4348
      View Details
    • Value Estimation
      $310,000
      3,150 SF

      150 Hartford Ave

      OFFICE BUILDING • 3,150 SF
      150 Hartford Ave, Wethersfield, CT 06109-1808
      View Details
    • Value Estimation
      $535,000
      3,800 SF

      60 Beaver Rd

      OFFICE BUILDING • 3,800 SF
      60 Beaver Rd, Wethersfield, CT 06109-2201
      View Details
    • Value Estimation
      $260,000
      1,196 SF

      7 Railroad Pl

      OFFICE BUILDING • 1,196 SF
      7 Railroad Pl, Wethersfield, CT 06109-2349
      View Details
    • Value Estimation
      $240,000
      1,920 SF

      308 Silas Deane Hwy

      OFFICE BUILDING • 1,920 SF
      308 Silas Deane Hwy, Wethersfield, CT 06109-1735
      View Details
    • Value Estimation
      $340,000
      3,052 SF

      786 Silas Deane Hwy

      OFFICE BUILDING • 3,052 SF
      786 Silas Deane Hwy, Wethersfield, CT 06109-3071
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      40,000 SF

      New Office Park Construction

      Office park with build-to-suit options and ample parking.
      1210 Silas Deane Hwy, Wethersfield, CT 06109
      View Details
    • $17 SF/Yr
      10,000 SF

      Wethersfield Office Building For Lease

      Four-story office building with Class A finishes and ample parking.
      936 Silas Deane Hwy, Wethersfield, CT 06109
      View Details
    • Contact for pricing
      15,000 SF

      Wethersfield Office Building for Lease

      Prime Wethersfield location, highway access.
      185 Silas Deane Hwy, Wethersfield, CT 06109
      View Details
    • $1,200 /Mo
      893 SF

      Wethersfield Office/Medical Suites for Lease

      Well-maintained office and medical suites available in a prime location.
      78 Beaver Rd, Wethersfield, CT 06109
      View Details
    • $19 SF/Yr
      5,008 SF

      Wethersfield Office Space For Lease

      Available office space with convenient highway access and ample parking.
      1290 Silas Deane Hwy, Wethersfield, CT 06109
      View Details
    • $28 SF/Yr
      54,976 SF

      Wethersfield Medical Office Space

      3,841 SF Medical Office Suite Available
      1260 Silas Deane Hwy, Wethersfield, CT 06109
      View Details

    Property Visit Statistics

    • Visits by month
      19.5k
    • Visitors by month
      9.7k
    • Avg Time on site
      8 min
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    Wethersfield, CT 06109-2133
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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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