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    Office Space Available For Rent Title is generated by Realmo AI

    71 Raymond Rd, West Hartford, CT 06107

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    Office space for rent at 71 Raymond Rd, West Hartford.

    Type:Office
    Added:
    Mar 23, 2026
    Days on Market:
    53
    Last Refresh:
    Mar 25 at 8:16 am

    Property Features for 71 Raymond Rd

    General Information

    Standard status
    Active
    Property subtype
    Office

    Spaces For Lease

    at 71 Raymond Rd Contact us

    Open plan office space for + 20 people $15 /Mo

    Size
    862 SF
    Type
    Office
    Rent a large office space for 20 persons in Spaces Blue Back Square
    Contact us

    Coworking Non Reserve $1.19 /Mo

    Size
    Type
    Office
    Simply walk in and get to work in professional shared office space for rent in Spaces...
    show more
    Contact us

    Private office for 5 people $3 /Mo

    Size
    Type
    Office
    Beautifully designed office space rental for 5 persons in Spaces Blue Back Square
    Contact us

    Coworking dedicated $2 /Mo

    Size
    Type
    Office
    Work, meet and collaborate in a shared office space for rent in Spaces Blue Back...
    show more
    Contact us

    Private office for 4 people $3 /Mo

    Size
    Type
    Office
    Fully serviced private office space for rent for you and your team in Spaces Blue...
    show more
    Contact us

    Virtual Office $4 /Mo

    Size
    Type
    Office
    Choose the business services you need with a virtual office plan
    Contact us

    Private office for 3 people $2 /Mo

    Size
    Type
    Office
    Beautifully designed office space rental for 3 persons in Spaces Blue Back Square
    Contact us

    Open plan office space for + 40 people $23 /Mo

    Size
    1,565 SF
    Type
    Office
    Rent a large office space for 40 persons in Spaces Blue Back Square
    Contact us

    Private office for 1 person $0.89 /Mo

    Size
    Type
    Office
    24/7 access to designer office space rental for 1 person in Spaces Blue Back Square
    Contact us

    Open plan office space for + 30 people $20 /Mo

    Size
    1,234 SF
    Type
    Office
    Rent a large office space for 30 persons in Spaces Blue Back Square
    Contact us

    Open plan office space for + 25 people $19 /Mo

    Size
    1,020 SF
    Type
    Office
    Rent a large office space for 25 persons in Spaces Blue Back Square
    Contact us

    AOpen plan office space for + 10 people $5 /Mo

    Size
    Type
    Office
    24/7 access to office space for rent for 10 persons in Spaces Blue Back Square
    Contact us

    Open plan office space for + 15 people $7 /Mo

    Size
    Type
    Office
    Book office space for rent for businesses of all sizes in Spaces Blue Back Square
    Contact us

    Private office for 2 people $1.78 /Mo

    Size
    Type
    Office
    24/7 access to designer office space rental for 2 persons in Spaces Blue Back Square
    Contact us
    Show more

    We can help!

    Listing Contact
    Regus US Admin

    Listing agent Regus US Admin License #CA

    Listing office Regus

    Listing date Mar 23, 2026

    Source Crexi

    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 Regus

    HighLights

    • Book a tour
    • Call us
    • Get more information
    • Message us

    Overview

    Office space is available for rent at 71 Raymond Rd in West Hartford, CT 06107. Please contact for tours and more information.
    Location Intelligence

    Current Use by Public Records

    Aurenity Insurance Agency Godfrey Azima, Silver ... Real Estate Agency Marinelli Wealth Management ... Financial Advisor SQPS Employment Agency Graves Brothers Home ... Construction Company

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • CyberUhuru Incorporated — 658 Trout Brook Dr, West Hartford, CT 06119
    • Doctor Apple Phone Repair Shop & Microsoldering Lab — 361 Park Rd 3rd Floor, West Hartford, CT 06119
    • SafeClix Inc. — south main street, west hartford, ct 06107
    • CMIT Solutions of Hartford — 45 S Main St #310, West Hartford, CT 06107
    • Hager Computers LLC — 71 Glenbrook Rd, West Hartford, CT 06107

    Location Insight

    • Map
    • Local Demand
    City
    West Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.739567
    Latitude
    41.758852

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    FAQs

    What type of property is this?
    Office property - Office space for rent at 71 Raymond Rd, West Hartford.
    Where is this office property located?
    The property is located at 71 Raymond Rd West Hartford, CT.
    What are key features of this property?
    This property features: Book a tour; Call us; Get more information
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Regus US Admin
    Real Estate License ID: CA
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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.

    More about this property
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