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    21 Church St East Hartford, CT 06108

    Sponsored
    For Sale
    Pending
    $1,600,000

    Commercial For Sale - East Hartford, CT

    Property size:
    32,991 SF
    Lot size:
    8.98 Acres
    Days on Market:
    140
    Last Refresh:
    Jan 15 at 7:06 am

    Property Features for 21 Church St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    8
    APN
    999999999
    Interior features
    Living Space Available
    Size
    32,991 SF
    Lot size
    8.98 Acres

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1955
    Roof type
    Asphalt, Membrane, Shingle
    Architectural style
    Other

    Amodio & Co, LLC (860) 674-8908 [email protected]

    Listing agent Frank Amodio (860) 674-8908

    Listing date Aug 29, 2025

    MLS# 24093199 Listing URL

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Hartford Commercial Campus Opportunity

    This unique property features a four-building campus with a school, hall, residence, and garage. The campus is suitable for various uses, including college, residential education, child care, adult day care, adaptive reuse, institutional, community, corporate, artistic, R&D, innovation, life sciences, biotech industries, healthcare research, education, energy, defense, aerospace, or technology. The brick school building spans 23,504 square feet and includes 19 rooms, a new roof, a gymnasium, classrooms, and private offices, all on one floor. The brick hall building provides upper-level assembly space and a lower-level function hall, totaling 5,801 square feet. The brick residence offers 3,686 square feet with 15 rooms, including 5 bedroom suites, and a large attached garage. The property includes an ample parking lot for visitors and guests. The entire campus is situated on 8.98 acres. Note that the property may not be used as a church or for any worship-related activities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Adelbrook Learning Center Special Education School

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    East Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6736007
    Latitude
    41.7687805

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    FAQs

    What type of property is this?
    School - Four-building campus ideal for education, healthcare, or research purposes.
    Where is this school located?
    The property is located at 21 Church St East Hartford, CT.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Turnkey four-building campus (school, hall, residence, garage) ready for immediate use.; - Versatile property suitable for a wide range of uses including education, residential, community, corporate, R&D, healthcare, and technology.; - Spacious brick school building (23,504 SF) with 19 rooms, a new roof, gymnasium, classrooms, and private offices.
    (860) 674-8908
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    21 Church St East Hartford, CT 06108
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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.

    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
    21 Church St East Hartford, CT 06108
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