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Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Office buildings
Hillcrest Dr Montville, CT 06353
Entity Owned
Absentee Owner
Free & Clear
Property ID
US15-1083209
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1997
Construction
FRAME
Total area
4,415 SF
Lot
128.73 ac (5,607,479 SF)
Zoning code
R40
APN
MONT M:016 B:030 L:000
UPID
US15-1083209
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$740k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$899k
Blend (final)
Blend
$820k
Owner & transaction history
SUN HILLCREST LLC
SUN HILLCREST LLC
Zoning & alternative use
R40 · Montville, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
these Zoning Regulations, the requirements of this Table shall prevail. X Prohibited P Permitted SP Special Permit SPL Special Permit: Location Specific P Permitted Dwelling Type Applicable Section WP-160 OS R-120 R-80 R-40 R-20 R-20M C1 C2 LI I G OZ Residential 160 / 120 / 80 OS R-40 R-20 R-20-M C1 C2 OZ Open Space /Recreation Required (2) Set-Aside Require…
Zone name
Residential
General category
RESIDENTIAL
Zone area
4,272.61 ac
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 Montville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montville 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
$740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$605,000
Current use
Blend value · Realmo final
$820k
Range $738k – $902k · ±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
$186 / 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
$264,363
Tax year 2023
Assessed value
$9,519,720
Assessed 2023
Previous assessed
$9,519,720
+0.0% YoY
Effective rate
2.78%
On assessed value
Assessed land
$9,112,740
Assessed improvement
$406,980
Applied tax rate
361.0000
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
1997
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
183
Total area
4,415 SF
Lot
128.73 ac (5,607,479 SF)
Zoning code
R40
APN
MONT M:016 B:030 L:000
UPID
US15-1083209
Jurisdiction
MONTVILLE
Zoning & alternative use
R40 · Montville, CTZoning R40 · permitted uses
R40 · Montville, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
these Zoning Regulations, the requirements of this Table shall prevail. X Prohibited P Permitted SP Special Permit SPL Special Permit: Location Specific P Permitted Dwelling Type Applicable Section WP-160 OS R-120 R-80 R-40 R-20 R-20M C1 C2 LI I G OZ Residential 160 / 120 / 80 OS R-40 R-20 R-20-M C1 C2 OZ Open Space /Recreation Required (2) Set-Aside Required Set Aside Schedule 0% / 5% / 10% (4) (6) (7) (8) Single Family Home PPPPPP XXXXXX
Zone name
Residential
General category
RESIDENTIAL
Zone area
4,272.61 ac
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$605,000
OFFICE BUILDING Current
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
1997
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
183
Lot
128.73 ac
Current owner
From public records · entity-resolved
SUN HILLCREST LLC
Entity
Free & Clear · 0 yrs held
Mailing address
27777 FRANKLIN RD STE #200, SOUTHFIELD, MI 48034-8205
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
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