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    Property profile & analytics

    384 Main St Southington, CT 06489-4522

    • Turn key restaurants
    • 968 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US15-0145344
    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

    • Pat's Main Street Ice Cream / Dessert Shop / Ice Cream Shop

    Property Details for 384 Main St

    Year built
    1947
    Construction
    FRAME
    Lot size
    0.23 lot acres
    Property size
    968 SF
    Zone code
    B
    Property type
    Turn key restaurants
    APN
    SOUT M:088 L:011
    APU
    SOUTM088L011

    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%
      $210,000
      6.5%
      $195,000
      7%
      $225,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $240,000
      Retail
      $225,000
      Mixed-Use
      $180,000
      Hospitality
      $250,000
      Educational
      $215,000
      Residential Income
      $185,000
      Energy
      $205,000
      Income-Based Land
      $200,000
      Food Service
      $225,000

    Location Insight

    • Map
    • Local Demand
    City
    Southington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.8809
    Latitude
    41.5943
    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
    $3,247
    $57,670
    $49,270
    $106,940
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      $525,000
      5,990 SF

      657th Queen St

      RESTAURANT • 5,990 SF
      657th Queen St, Southington, CT 06489-1504
      View Details
    • Value Estimation
      $380,000
      3,482 SF

      812 Queen St

      RESTAURANT • 3,482 SF
      812 Queen St, Southington, CT 06489-1539
      View Details
    • Value Estimation
      $340,000
      1,172 SF

      1796 Meriden Waterbury Tpke

      RESTAURANT • 1,172 SF
      1796 Meriden Waterbury Tpke, Southington, CT 06489
      View Details
    • Value Estimation
      $255,000
      1,160 SF

      293 Berlin St

      RESTAURANT • 1,160 SF
      293 Berlin St, Southington, CT 06489-3844
      View Details
    • Value Estimation
      $225,000
      2,848 SF

      25 Ctr St

      RESTAURANT • 2,848 SF
      25 Ctr St, Southington, CT 06489-3106
      View Details
    • Value Estimation
      $380,000
      8,590 SF

      26 Ctr St

      RESTAURANT • 8,590 SF
      26 Ctr St, Southington, CT 06489-3121
      View Details

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    Similar Nearby for Lease

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      Southington Retail Center Opportunity

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    • $2,800 /Mo
      4,800 SF

      Former Automotive Business Opportunity

      Former car dealership, auto body, and detailing location for rent.
      270 Center Street Ext, Southington, CT 06489
      View Details

    Property Visit Statistics

    • Visits by month
      7.7k
    • Visitors by month
      5.3k
    • Avg Time on site
      7 min
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    384 Main St
    Southington, CT 06489-4522
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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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