Financial
Distress signals
Property profile

241 Park Ave East Hartford, CT 06108

OFF-MARKET
Other industrial properties
Property ID
US15-0629590
120,617 SF 3.6 ac lot Built 1951
Last sale Jun 2022 · $1,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This centrally located industrial property is in the Greater Hartford submarket with access to I-84, I-91, and Route 291, and is located approximately 20 minutes from Bradley Airport. The facility is configured for warehouse, cultivation, cold storage/freezer, distribution, or manufacturing uses, with clear ceiling heights of about 22 to 24 feet and loading options on two sides of the unit. It has heavy power infrastructure with 3-phase service rated at 800 amps, with an identified potential to

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$71k
Tax billed · 2024
Assessed value$1.61M
Assessed land$145k
Assessed improvement$1.46M
Effective rate4.40%

Value estimate

· Sep 2026
$1.61M
$1.44M – $1.77M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$45/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$26 – $61
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-3
The various business districts recognize existing development patterns in East Hartford and provide areas for business uses and developme...
General categoryCOMMERCIAL
JurisdictionEAST HARTFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.8
Parking Facility13.0
Spa & Massage12.1

Location

241 Park Ave East Hartford, CT 06108-1795
County assessor Recorded deeds · 5 transfers 3 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
30 Clark, East Hartford, CT 06108-3422 $490,000 Jan 2026 28,280 SF
570 Tolland, East Hartford, CT 06108-2662 $2,500,000 Dec 2025 49,470 SF
411 Burnham, East Hartford, CT 06108-1183 $11,500,000 Jun 2025 138,974 SF
22 Rumsey, East Hartford, CT 06108-1133 $135,000 Jun 2023 30,241 SF
36 Cedar, East Hartford, CT 06108-2003 $1,300,000 May 2023 20,832 SF
47 Leggett, East Hartford, CT 06108-1140 $1,610,000 May 2022 71,500 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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