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Property profile & analytics
OFF-MARKET
Estimated value
$1,615,000
Showrooms
1 Maxim Rd Hartford, CT 06114
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-0864496
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1989
Construction
STEEL FRAME
Total area
39,815 SF
Lot
2.8 ac (121,968 SF)
Zoning code
ID-1
APN
HTFD M:315 B:694 L:007
UPID
US15-0864496
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.62M
Owner & transaction history
2 Brainard Road LLC · 16 yrs held
2 Brainard Road LLC
since 2010
7 recorded transactions
Zoning & alternative use
ID-1 · Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ment and supply uses, and bars and nightclubs. Industrial (ID) The ID districts provide areas within the city for more intensive manufacturing, warehousing, and distribution in larger-scale Workshop/Warehouse Buildings. ID-1 The purpose of the ID-1 industrial district in the city is to provide for medium to heavy industry characterized by a minimum of noise,…
Zone name
Industrial 1
General category
INDUSTRIAL
Zone area
1,224.59 ac
Source
zoning regulations
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hartford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hartford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.62M
Range $1.45M – $1.78M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$41 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$77,504
Tax year 2023
Assessed value
$1,124,060
Assessed 2023
Previous assessed
$1,124,060
+0.0% YoY
Effective rate
6.90%
On assessed value
Assessed land
$279,860
Assessed improvement
$844,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
1
Total area
39,815 SF
Lot
2.8 ac (121,968 SF)
Zoning code
ID-1
APN
HTFD M:315 B:694 L:007
UPID
US15-0864496
Jurisdiction
HARTFORD
Zoning & alternative use
ID-1 · Hartford, CTZoning ID-1 · permitted uses
ID-1 · Hartford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ment and supply uses, and bars and nightclubs. Industrial (ID) The ID districts provide areas within the city for more intensive manufacturing, warehousing, and distribution in larger-scale Workshop/Warehouse Buildings. ID-1 The purpose of the ID-1 industrial district in the city is to provide for medium to heavy industry characterized by a minimum of noise, odor, glare, and pollution, and by moderate traffic upon the public streets. It is
Zone name
Industrial 1
General category
INDUSTRIAL
Zone area
1,224.59 ac
Source
zoning regulations
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
1
Lot
2.8 ac
Current owner
From public records · entity-resolved
2 Brainard Road LLC
Entity
Mailing address
300 RESEARCH PKWY, MERIDEN, CT 06450-7137
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2010
—
2 Brainard Road LLC
—
Deed Of Trust
related
$1,400,000 · Bank Of Westport
Apr 7, 2000
—
2 Brainard Rd LLC
—
Deed Of Trust
related
$3,200,000 · Worth Funding INC
Nov 8, 1996
—
Calvin Hills JR.
—
Deed Of Trust
related
$110,000 · Fleet Mortgage Corp
May 2, 1995
—
Calvin Hills JR.
—
Deed Of Trust
related
$524,000 · Shawmut Mortgage
Aug 28, 1992
—
Calvin Hills
—
Deed Of Trust
related
$1,250,000 · Connecticut National Bank
Jul 21, 1988
—
Calvin A Hills JR
—
Deed Of Trust
related
$1,700,000 · Connecticut National Bank
Sep 11, 1987
—
Calvin A Hills JR.
—
Deed Of Trust
related
$1,100,000 · Connecticut National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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