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    West Hartford Building For Lease Title is generated by Realmo AI

    830 Farmington Ave, West Hartford, CT

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    30,000 SF building ideal for medical, office, or retail.

    Type:OFFICE
    Property size:
    30,000 SF
    Lot size:
    0.62 Acres
    Price / SF:
    $133/SF
    Added:
    Nov 5, 2025
    Days on Market:
    208
    Last Refresh:
    May 20 at 8:31 pm

    Property Features for 830 Farmington Ave

    General Information

    Standard status
    Active
    Size
    30,000 SF
    Lot size
    0.62 Acres
    Property subtype
    OFFICE

    Properties For Sale

    at 830 Farmington Ave Contact us

    We can help!

    Listing Contact
    Michael Guidicelli, CCIM, SIOR

    Listing agent Michael Guidicelli, CCIM, SIOR

    Listing office Regions Commercial, LLC

    Listing date Nov 5, 2025

    Source Moodyscre

    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 Regions Commercial, LLC

    HighLights

    • High‑visibility location on a bustling thoroughfare in West Hartford, ideal for maximum exposure.
    • Broad BC zoning allows for many potential uses (Medical/Office or Retail).
    • Large leasable space available (up to 30,000 SF).
    • Affluent demographic in a vibrant community.
    • Proximity to major transportation routes (Interstates 84 and 95).
    • Close to excellent public schools and numerous universities.

    Overview

    The entire building, offering up to 30,000 square feet, is available for lease. Zoned BC, the property allows for many potential uses and is ideal for medical, office, or retail purposes. The location is situated prominently along a bustling thoroughfare in the vibrant community of West Hartford, strategically positioned to capture the attention of a diverse and affluent demographic. This sought-after location boasts high visibility and a steady stream of foot traffic, making it an ideal destination for businesses seeking maximum exposure and accessibility. West Hartford offers a blend of small-town charm with big-city amenities, located 120 miles from New York City and 6 miles from Hartford’s city center, with convenient access to Interstates 84 and 95. The area is known for its excellent public schools and proximity to universities, including the University of Saint Joseph, University of Hartford, UConn Law School, UConn Med School, and Trinity College. The property is near a wide variety of retail options, including Whole Foods and Blue Back Square.
    Property Profile Location Intelligence

    Current Use by Public Records

    Connecticut Home Interiors Furniture & Home Goods

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    West Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7308
    Latitude
    41.7647

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    FAQs

    What type of property is this?
    Office building - 30,000 SF building ideal for medical, office, or retail.
    Where is this office building located?
    The property is located at 830 Farmington Ave West Hartford, CT.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: High‑visibility location on a bustling thoroughfare in West Hartford, ideal for maximum exposure.; Broad BC zoning allows for many potential uses (Medical/Office or Retail).; Large leasable space available (up to 30,000 SF).
    (860) 371-7103 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Michael Guidicelli, CCIM, SIOR
    Request Owner's contact information
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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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