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    Property profile & analytics

    586 New London Tpke Glastonbury, CT 06033-2311

    • Showrooms
    • 3,968 SF
    • 1.23 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US15-0809702
    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

    • Stork Club - Glastonbury / Day Care Center / Nursery School

    Property Details for 586 New London Tpke

    Year built
    1984
    Construction
    FRAME
    Lot size
    1.23 lot acres
    Property size
    3,968 SF
    Zone code
    PI
    Property type
    Showrooms
    APN
    GLAS M:E6 B:4760 L:S0023
    APU
    GLASME6B4760LS0023

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $270,000
      7%
      $275,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $225,000
      Geo Method
      $260,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $255,000
      Mixed-Use
      $215,000
      Hospitality
      $270,000
      Educational
      $220,000
      Residential Income
      $245,000
      Energy
      $265,000
      Income-Based Land
      $225,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Glastonbury
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.5984
    Latitude
    41.7065
    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
    2024
    $15,828
    $213,200
    $282,500
    $495,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2.71 Acres

      105 Glastonbury Blvd

      SHOW ROOM, WAREHOUSE • 2.71 Acres
      105 Glastonbury Blvd, Glastonbury, CT 06033
      View Details
    • Value Estimation by Request
      3.00 Acres

      Oak St

      SHOW ROOM, WAREHOUSE • 3.00 Acres
      Oak St, Glastonbury, CT 06033
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    • Value Estimation by Request
      7,030 SF

      76 Eastern Blvd Ste, Unit 78

      SHOW ROOM, WAREHOUSE • 7,030 SF
      76 Eastern Blvd Ste, Glastonbury, CT 06033-4382
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    • Value Estimation by Request
      25,244 SF

      195 Eastern Blvd

      SHOW ROOM, WAREHOUSE • 25,244 SF
      195 Eastern Blvd, Glastonbury, CT 06033-4312
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    • Value Estimation by Request
      10,632 SF

      84 Glastonbury Blvd

      SHOW ROOM, WAREHOUSE • 10,632 SF
      84 Glastonbury Blvd, Glastonbury, CT 06033-4468
      View Details
    • Value Estimation by Request
      77,914 SF

      39 New London Tpke

      SHOW ROOM, WAREHOUSE • 77,914 SF
      39 New London Tpke, Glastonbury, CT 06033-2061
      View Details

    Similar Nearby for Sale

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      Retail Bank Branch with Residence

      Retail bank branch with drive-thru and single family residence.
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    • $1,200,000
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      Prime Glastonbury location, high traffic area, owner-user opportunity.
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      7.88 Acres

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      Prime Commercial Land, Glastonbury, CT
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      Financial Institutions

      Accountants
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    Similar Nearby for Lease

    • $26 SF/Yr
      890 SF

      Retail Space in Town Center

      Retail spaces available in prime Town Center location.
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      Outdoor town square with regional and national stores and restaurants.
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    • Contact for pricing
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      Retail space available near affluent area and Class A offices.
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    • $20 SF/Yr
      1,100 SF

      Glastonbury Retail/Office Space Available

      Multiple retail/office spaces for rent in Glastonbury, CT.
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      View Details
    • $32 SF/Yr
      1,543 SF

      Retail Space in Glastonbury Center

      Retail property for lease with immediate highway access.
      119 Hebron Ave, Glastonbury, CT 06033
      View Details
    • Contact for pricing
      4,500 SF

      Glastonbury Restaurant Sublease Opportunity

      Large Restaurant Space - No Kitchen. Prime Location.
      0 Main St, Glastonbury, CT 06033
      View Details
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    Glastonbury, CT 06033-2311
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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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