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    Property profile & analytics

    573rd Hopmeadow St, Unit 3 Simsbury, CT 06070-2416

    • Office Properties & Spaces
    • 1,336 SF
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US15-0786796
    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

    • Office Properties & Spaces

    Property Details for 573rd Hopmeadow St

    Year built
    1988
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    1,336 SF
    Zone code
    I-2
    Property type
    Office Properties & Spaces
    APN
    SIMS M:G12 B:103 L:38A-0350153
    APU
    SIMSMG12B103L38A0350153

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $285,000
      6.5%
      $315,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $365,000
      Mixed-Use
      $320,000
      Hospitality
      $300,000
      Educational
      $290,000
      Residential Income
      $330,000
      Energy
      $320,000
      Income-Based Land
      $310,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Simsbury
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.8106
    Latitude
    41.864
    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
    $3,446
    $0.00
    $108,290
    $108,290
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $305,000
      1,408 SF

      573rd Hopmeadow St, Unit 1

      CONDOMINIUM OFFICES • 1,408 SF
      573rd Hopmeadow St, Simsbury, CT 06070-2416
      View Details
    • Value Estimation
      $315,000
      2,249 SF

      573rd Hopmeadow St, Unit 10

      CONDOMINIUM OFFICES • 2,249 SF
      573rd Hopmeadow St, Simsbury, CT 06070-2416
      View Details
    • Value Estimation by Request
      15,000 SF

      30 Dorset Xing Dr

      Medical offices • 15,000 SF
      30 Dorset Xing Dr, Simsbury, CT 06070
      View Details
    • Value Estimation
      $225,000
      1,685 SF

      573rd Hopmeadow St, Unit 7

      CONDOMINIUM OFFICES • 1,685 SF
      573rd Hopmeadow St, Simsbury, CT 06070-2416
      View Details
    • Value Estimation
      $300,000
      1,752 SF

      573rd Hopmeadow St, Unit 8

      CONDOMINIUM OFFICES • 1,752 SF
      573rd Hopmeadow St, Simsbury, CT 06070-2416
      View Details
    • Value Estimation by Request
      2,271 SF

      883-885 Hopmeadow St

      Office Properties & Spaces • 2,271 SF
      883-885 Hopmeadow St, Simsbury, CT 06070
      View Details

    Similar Nearby for Sale

    • $1,950,000
      15,000 SF

      Simsbury Medical Office Building

      15,000 SF Medical Office, $1.95M
      30 Dorset Xing Dr, Simsbury, CT 06070
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    • $750,000
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      Simsbury Office Building For Sale

      Two-story office building in park-like setting, potential for multiple uses.
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    • Contact for pricing
      5,104 SF

      Simsbury Office Space Available

      Office space for sale in Simsbury, Connecticut.
      981 Hopmeadow St, Simsbury, CT 06070
      View Details
    • Contact for pricing
      3,949 SF

      Simsbury Office Space Available

      Office space for sale in Simsbury, Connecticut.
      987 Hopmeadow St, Simsbury, CT 06070
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      Specialty property available for purchase in Simsbury, Connecticut.
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      Specialty property available for sale on Bushy Hill Road.
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    Similar Nearby for Lease

    • $1,450 /Mo
      3,812 SF

      Renovated Office Space in Simsbury

      Professional office space in the center of Simsbury available for rent.
      961 Hopmeadow St, Simsbury, CT 06070
      View Details
    • $20 SF/Yr
      43,832 SF

      Simsbury Retail and Office Space

      Retail and office spaces available in Simsbury, Connecticut.
      828 Hopmeadow St, Simsbury, CT 06070
      View Details
    • $16 SF/Yr
      1 SF

      Simsbury Medical Office Space for Lease

      Three Suites Available, 1,803-3,000 SF
      507 Hopmeadow St, Simsbury, CT 06070
      View Details
    • $1,800 /Mo
      1,086 SF

      Retail/Office Space For Rent

      Retail or office space available in high-traffic location.
      134 West St, Simsbury, CT 06070
      View Details
    • $17 SF/Yr

      Simsbury Office Space For Lease

      Approximately 1,500sf office space for lease on busy Rt. 202.
      2 Gordon St, Simsbury, CT 06070
      View Details
    • $1,200 /Mo
      520 SF

      Retail Space For Rent

      Retail space suitable for various businesses.
      1404 Hopmeadow St, Simsbury, CT 06070
      View Details
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    Simsbury, CT 06070-2416
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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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