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Financial
Distress signals
Property profile

597 Farmington Ave Hartford, CT 06105

FOR LEASE
Office buildings
Property ID
US15-0981283
4,593 SF 0.3 ac lot Built 1895
Last sale Aug 2020 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A second-floor office suite within an 8,096-square-foot building, located at 597 Farmington Avenue in Hartford’s West End. The suite provides 2,200 square feet of office space and includes four private offices, a waiting room, a conference room, one bathroom, and a kitchenette. A separate entrance provides access for occupants and visitors. The building has parking available behind it and offers nearby street parking; bus stops are within walking distance. The property is positioned with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$267k
Assessed land$74k
Assessed improvement$193k
Effective rate6.89%

Value estimate

· Oct 2026
$415k
$374k – $457k
AI approach$400k
NOI build-up
Gross scheduled income$219k
Vacancy & credit loss−$51k
Operating expenses−$42k
NOI · 4,738.91% cap applied$126k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
Submarket average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$44 – $119
Qualifying comparables6

Cap rate analysis

How does the asset earn?
4,738.91%
$126k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MX-1
The MX-1 district is a lower intensity district intended to be compatible with adjacent historic neighborhoods
General categorySPECIAL
JurisdictionHARTFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service11.0
Tech Support Center10.2
Parking Facility9.8

Location

597 Farmington Ave Hartford, CT 06105
County assessor Recorded deeds · 4 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
660 Prospect, Hartford, CT 06105-4230 $610,770 Dec 2025 4,757 SF
30 Atwood, Hartford, CT 06105-1801 $290,000 Dec 2022 4,167 SF
90 Gillett, Hartford, CT 06105-2629 $315,000 Sep 2022 5,005 SF
664 Farmington, Hartford, CT 06105-2906 $625,000 Nov 2021 6,089 SF
283 Collins, Hartford, CT 06105-1550 $240,000 Sep 2021 2,310 SF
74 Frst, Hartford, CT 06105-3204 $260,000 Apr 2020 5,272 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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