Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate
416 Hopmeadow St Weatogue, CT 06089-9731
Individually Owned
36-yr Hold
~
Est. High Equity
Property ID
US15-0988943
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
5.48 ac (238,709 SF)
Zoning code
B-2
APN
SIMS M:F14 B:143 L:3
UPID
US15-0988943
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
Current use
Occupant on record · Public records
-
Mopar Parts Counter Auto Parts Store
-
Mitchell Chrysler Dodge Car Dealership
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
Mitchell Volkswagen Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
State Of Ct · 36 yrs held
State Of Ct
since 1990
7 recorded transactions
Zoning & alternative use
B-2 · Weatogue, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Weatogue submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weatogue 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$63,840
Tax year 2023
Assessed value
$2,006,270
Assessed 2023
Previous assessed
$2,006,270
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$748,020
Assessed improvement
$1,258,250
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Lot
5.48 ac (238,709 SF)
Zoning code
B-2
APN
SIMS M:F14 B:143 L:3
UPID
US15-0988943
Jurisdiction
SIMSBURY
Zoning & alternative use
B-2 · Weatogue, CTZoning B-2 · permitted uses
B-2 · Weatogue, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Lot
5.48 ac
Current owner
From public records · entity-resolved
State Of Ct
Individual
Mailing address
PO BOX 127, SIMSBURY, CT 06070-0127
Ownership since
1990
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2021
—
Mitchell Auto Group INC
—
Deed
related
$8,172,805 · Bmo Harris Bank NA
Jun 7, 2018
—
Mitchell Auto Group In
—
Deed
related
$1,050,000 · Santander Bank NA
Feb 9, 2018
—
Mitchell Auto Group In
—
Deed
related
$1,650,000 · Santander Bank NA
Dec 20, 2016
—
Mitchell Auto Group In
—
Deed
related
$11,718,000 · Santander Bank NA
Jan 9, 1996
—
Mitchell Pontiac INC
—
Deed Of Trust
related
$240,000 · Fleet Mortgage Corp
Jan 5, 1994
—
M Realty
—
Deed Of Trust
related
$1,400,307 · Shawmut Mortgage
Jul 31, 1992
—
Mark Mitchell
—
Deed Of Trust
related
$600,000 · First Central Bank
Jun 5, 1990
$2,600
State Of Ct
Mitchell Pontiac INC
Grant Deed
related
—
Dec 16, 1988
—
M Realty
—
Deed Of Trust
related
$1,748,256 · Connecticut Bank & Trust
Sep 28, 1987
—
Mitchell Pontiac INC
—
Deed Of Trust
related
$1,500,000 · Connecticut Bank & Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 416 Hopmeadow St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
