Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,200,000
Showrooms
63 Hebron Ave Glastonbury, CT 06033-2078
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US15-1194242
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1986
Construction
FRAME
Total area
23,204 SF
Lot
1.54 ac (67,082 SF)
Zoning code
CD
APN
GLAS M:D5 B:2920 L:N0003
UPID
US15-1194242
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
-
Scissor Kids inc. Hair Salon
-
Sweet Frog Glastonbury Cafe & Coffee Shop Take-out & Catering
-
Kibo Eyecare Physician
-
Martin R. Lindower, OD Physician
-
Alpert Lance I OD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.46M
Blend (final)
Blend
$5.20M
Owner & transaction history
Jerome Properties 63 LLC · 5 yrs held
Jerome Properties 63 LLC
since 2020
Last sale
$6.0M
7 recorded transactions
Zoning & alternative use
CD · Glastonbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.0M
+17.0%
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 Glastonbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glastonbury 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
Method
Estimation
Statistic approach
$5,075,000
ML approach
$4,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,390,000
Current use
RESTAURANT
$3,970,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$5.20M
Range $4.68M – $5.72M · ±10% · vs last sale $6.00M (Dec 18 2020)
Last sale anchor
$6.00M
Dec 18 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$224 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$120,114
Tax year 2024
Assessed value
$3,761,800
Assessed 2024
Previous assessed
$3,761,800
+0.0% YoY
Effective rate
3.19%
On assessed value
Assessed land
$1,809,400
Assessed improvement
$1,952,400
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
16
Total area
23,204 SF
Lot
1.54 ac (67,082 SF)
Zoning code
CD
APN
GLAS M:D5 B:2920 L:N0003
UPID
US15-1194242
Jurisdiction
GLASTONBURY
Zoning & alternative use
CD · Glastonbury, CT
Zoning CD · permitted uses
CD · Glastonbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glastonbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.4M
RESTAURANT
Est. value
$4.0M
COMMERCIAL (GENERAL) Current
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
16
Lot
1.54 ac
Current owner
From public records · entity-resolved
Jerome Properties 63 LLC
Entity
Mailing address
PO BOX 188, WEST MYSTIC, CT 06388-0188
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2020
$6,000,000
Jerome Properties 63 LLC
Gpf 63 Hebron Ave LLC
Warranty Deed
$4,500,000 · Berkshire Bank
Nov 13, 2008
—
Gpf-63 Hebron Avenue LLC
—
Deed Of Trust
related
$3,187,500 · Rockville Bank
Jan 4, 2007
—
Gpf-63 Hebron Avenue LLC
—
Deed Of Trust
related
$11,000,000 · Citizens Bank Of Ct
Jul 22, 2004
$3,100,000
Hebron Ave Gpf-63
63 Hebron Ave Assoc LLC
Warranty Deed
related
$2,170,000 · Webster Bank
Mar 22, 2002
—
Hebron Ave Assoc LLC
—
Deed Of Trust
related
$1,112,676 · Savings Bank Of Manchester
Dec 22, 1994
—
63 Hebron Ave Assoc
—
Deed Of Trust
related
$10,000 · Eleanor C Bostick
Apr 20, 1994
—
63 Hebron Ave Assoc
—
Deed Of Trust
related
$1,400,000 · Mechanics Savings Bank
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 63 Hebron Ave?
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.
