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    West Hartford School Building Available Title is generated by Realmo AI

    160 Mohegan Dr, West Hartford, CT 06117

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    Claim this Listing
    For Lease
    $18 SF/Yr $21,000/Mo (calc)

    Two-level school building ideal for childcare or education facility.

    Type:Commercial
    Property size:
    14,000 SF
    Added:
    Apr 10, 2026
    Days on Market:
    51
    Last Refresh:
    Apr 10 at 8:28 am

    Property Features for 160 Mohegan Dr

    General Information

    Standard status
    Active
    Size
    14,000 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1959

    We can help!

    Listing Contact
    Lisa C. Sadinsky

    Listing agent Lisa C. Sadinsky

    Listing office William Raveis Real Estate

    Listing date Apr 10, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of William Raveis Real Estate

    HighLights

    • Ideal location for child care, adult day care, or education facility, near Routes 44, 189, I84, and I91.
    • Two floors, each with approximately 7000 sq ft of classroom space, totaling 14,000 sq ft.
    • Secure building with key fob access and ample parking with drop‑off/pick‑up lanes.
    • Fully fenced outdoor play area with grass and hard top surfaces.
    • Light and bright, air‑conditioned classrooms, many with sinks or plumbed for easy sink installation.
    • Large 20' x 46' recreation space with 12‑foot ceilings.

    Overview

    Located off Routes 44 and 189, and minutes from the I84/I91 interchange, the two-level school building at 160 Mohegan Drive is situated in an established residential neighborhood. It offers a location suitable for a child care, adult day care, or education facility. The building features easy entrance and exit points, along with ample parking that includes drop-off/pick-up and school van lanes. The building is private and secure, with key fob access. Each of the two floors provides approximately 7000 square feet of classroom space. Outside, there is a fully fenced play area with both grass and hard-top surfaces. The classrooms are light and bright, and air-conditioned. Many classrooms are equipped with sinks, and those without are already plumbed for sink installation. Multiple bathrooms are available for students and staff, and some classrooms have bathrooms located inside the room. The largest classroom, measuring 20' x 46' feet, has ceilings approximately 12 feet high and can serve as an indoor recreation space. The space can be subdivided, and flexible lease terms are available. The bike score is 35, indicating it is somewhat bikeable. The walk score is 33, indicating it is car-dependent, and the transit score is 44, indicating some transit options are available.
    Location Intelligence

    Current Use by Public Records

    Beth Hillel Synagogue Synagogue The Emanuel Synagogue Synagogue Lollipop Tree Nursery ... Daycare Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7353891
    Latitude
    41.7980423

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    FAQs

    What type of property is this?
    School - Two-level school building ideal for childcare or education facility.
    Where is this school located?
    The property is located at 160 Mohegan Dr West Hartford, CT.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Ideal location for child care, adult day care, or education facility, near Routes 44, 189, I84, and I91.; Two floors, each with approximately 7000 sq ft of classroom space, totaling **14,000 sq ft**.; **Secure building** with key fob access and ample parking with drop‑off/pick‑up lanes.
    (860) 836-6282
    We can help!
    Listing Contact
    Lisa C. Sadinsky
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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