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    Property profile & analytics

    554 Talcottville Rd Vernon, CT 06066-2310

    • Medical offices
    • 2,616 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $770,000
    Last Sale
    Jun 15, 2023
    $800,000
    Location Intelligence
    Property ID
    US15-0658207
    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

    • Schifferdecker John MD / Family Practice Physician
    • ELISE WINTER / Family Practice Physician / Physician Assistant
    • Serendipity Nails & Spa Corp / Nail Salon
    • Preston Briggs / Nurse Practitioner
    • James Kelly, APRN / Nurse Practitioner

    Property Details for 554 Talcottville Rd

    Year built
    1970
    Construction
    STEEL FRAME
    Lot size
    0.41 lot acres
    Property size
    2,616 SF
    Zone code
    COMMER
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    VERN M:08 B:0024 L:0006A
    APU
    VERNM08B0024L0006A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $780,000

    • CAP approach

      CAP return
      Estimation
      6%
      $765,000
      6.5%
      $755,000
      7%
      $820,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $790,000
      Geo Method
      $710,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $815,000
      Retail
      $820,000
      Mixed-Use
      $650,000
      Hospitality
      $665,000
      Educational
      $720,000
      Residential Income
      $655,000
      Energy
      $825,000
      Income-Based Land
      $700,000
      Food Service
      $650,000

    Location Insight

    • Map
    • Local Demand
    City
    Vernon
    County
    Tolland
    State
    Connecticut
    Longitude
    -72.483
    Latitude
    41.8522
    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
    $12,568
    $79,210
    $297,200
    $376,410
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      18,720 SF

      428 Hartford Tpke

      MEDICAL BUILDING • 18,720 SF
      428 Hartford Tpke, Vernon, CT 06066-4841
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    • Value Estimation
      $245,000
      2,664 SF

      170 Un St

      MEDICAL BUILDING • 2,664 SF
      170 Un St, Vernon, CT 06066-3020
      View Details
    • Value Estimation
      $215,000
      1,068 SF

      50 Hale St

      MEDICAL BUILDING • 1,068 SF
      50 Hale St, Vernon, CT 06066-3840
      View Details
    • Value Estimation by Request
      22,550 SF

      8 Keynote Dr

      MEDICAL BUILDING • 22,550 SF
      8 Keynote Dr, Vernon, CT 06066-5040
      View Details
    • Value Estimation
      $280,000
      1,852 SF

      148 Talcottville Rd

      MEDICAL BUILDING • 1,852 SF
      148 Talcottville Rd, Vernon, CT 06066-4705
      View Details
    • Value Estimation
      $790,000
      4,300 SF

      179 Talcottville Rd

      MEDICAL BUILDING • 4,300 SF
      179 Talcottville Rd, Vernon, CT 06066-4615
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Vernon Medical Office Space For Sale/Lease

      Prime Vernon location, up to 6,000 SF available.
      420 Talcottville Rd, Vernon, CT 06066
      View Details
    • $8 SF/Yr
      14,000 SF

      Versatile Office and Retail Space

      Office and retail spaces available for lease immediately.
      280 Talcottville Rd, Vernon Rockville, CT 06066
      View Details
    • $275 SF/Yr
      100 SF

      Professional Single-Person Office Suites Available

      Executive suites for rent, ideal for single employee businesses.
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      View Details
    • $14 SF/Yr
      35,964 SF

      Prime Vernon Office Space

      Executive suites, high visibility, I-84 access
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    • $1,500 /Mo
      1,200 SF

      Vernon Commercial Space For Lease

      Commercial unit in high-traffic area, suitable for various businesses.
      903 Hartford Tpke, Vernon, CT 06066
      View Details
    • $13 SF/Yr
      22,494 SF

      Vernon Office Space Available

      Prime location, multiple suites, I-84 access
      27 Hartford Tpke, Vernon, CT 06066
      View Details

    Property Visit Statistics

    • Visits by month
      1.4k
    • Visitors by month
      1.0k
    • Avg Time on site
      16 min
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    Vernon, CT 06066-2310
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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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