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Property profile & analytics
OFF-MARKET
Estimated value
$9,300,000
Office buildings
82 Hopmeadow St, Weatogue, CT 06089-9694
Individually Owned
37-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-0917843
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1950
Construction
CONCRETE
Total area
118,570 SF
Lot
13.73 ac (598,079 SF)
Zoning code
I-1
APN
SIMS M:E18 B:154 L:3A-B-007100
UPID
US15-0917843
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
-
Litchfield Cavo LLP Law Firm
-
Chubb Group of Insurance Co Insurance Agency
-
ATM Atm
-
CFSIC Insurance Agency
-
General Casualty Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.34M
Blend (final)
Blend
$9.30M
Owner & transaction history
Meadowview Asso · 37 yrs held
Meadowview Asso
since 1988
2 recorded transactions
Zoning & alternative use
I-1 · Weatogue, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$13.6M
+4.4%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$13,070,000
Current use
RETAIL STORES
$13,645,000
Change: +4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$11,890,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$11,205,000
Change: -14% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$10,900,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$9.30M
Range $8.37M – $10.23M · ±10%
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
$78 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$224,727
Tax year 2023
Assessed value
$7,062,440
Assessed 2023
Previous assessed
$7,062,440
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed improvement
$7,062,440
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1950
Construction
CONCRETE
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
2
Rooms
6
Bathrooms
2
Total area
118,570 SF
Lot
13.73 ac (598,079 SF)
Zoning code
I-1
APN
SIMS M:E18 B:154 L:3A-B-007100
UPID
US15-0917843
Jurisdiction
SIMSBURY
Zoning & alternative use
I-1 · Weatogue, CT
Zoning I-1 · permitted uses
I-1 · Weatogue, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Weatogue. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$13.1M
RETAIL STORES
Est. value
$13.6M
AUTO REPAIR, GARAGE
Est. value
$11.9M
COMMERCIAL (GENERAL)
Est. value
$11.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.9M
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1950
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
6
Bathrooms
2
Lot
13.73 ac
Current owner
From public records · entity-resolved
Meadowview Asso
Individual
Mailing address
120 N 9TH ST, RICHMOND, IN 47374-3104
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1988
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 1988
—
Meadowview Asso
—
Deed Of Trust
related
$4,380,000 · Connecticut Bank & Trust
Aug 5, 1988
—
Meadowview Associates
—
Deed Of Trust
related
$4,380,000 · 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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