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    Property profile & analytics

    1048 Farmington Ave, Unit 1056 Farmington, CT 06032-1512

    • Investment properties
    • 1,408 SF
    • 1.92 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Location Intelligence
    Property ID
    US15-0712345
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Farmington Miniature Golf & Ice Cream / Miniature Golf Course / Ice Cream Shop

    Property Details for 1048 Farmington Ave

    Year built
    1880
    Lot size
    1.92 lot acres
    Property size
    1,408 SF
    Zone code
    BR
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    FARM M:0063 B:7A
    APU
    FARMM0063B7A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $230,000
      7%
      $225,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $260,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $245,000
      Retail
      $280,000
      Mixed-Use
      $220,000
      Hospitality
      $290,000
      Educational
      $260,000
      Residential Income
      $300,000
      Energy
      $275,000
      Income-Based Land
      $230,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.8407
    Latitude
    41.7366
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,620
    $370,650
    $233,240
    $603,890
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $310,000
      2,007 SF

      1422 Farmington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,007 SF
      1422 Farmington Ave, Farmington, CT 06032-1108
      View Details
    • Value Estimation by Request
      9,404 SF

      767-771 Farmington Ave, Unit 771

      OFFICE/RESIDENTIAL (MIXED USE) • 9,404 SF
      767-771 Farmington Ave, Farmington, CT 06032-2310
      View Details
    • Value Estimation
      $325,000
      3,516 SF

      1426 Farmington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,516 SF
      1426 Farmington Ave, Farmington, CT 06032-1176
      View Details
    • Value Estimation
      $275,000
      2.23 Acres

      1091 Farmington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2.23 Acres
      1091 Farmington Ave, Farmington, CT 06032-1464
      View Details
    • Value Estimation
      $55,000
      660 SF

      790 Farmington Ave Ste 2b

      OFFICE/RESIDENTIAL (MIXED USE) • 660 SF
      790 Farmington Ave Ste 2b, Farmington, CT 06032-2318
      View Details
    • Value Estimation
      $325,000
      2,368 SF

      68 Farmington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,368 SF
      68 Farmington Ave, Farmington, CT 06032-1709
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $9 SF/Yr
      6,249 SF

      Farmington Ave Office Space

      Flexible workspace solutions in CT.
      1053 Farmington Ave, Farmington, CT 06032
      View Details
    • $20 SF/Yr
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      Farmington Executive Office Suites

      Class A Office Space, 11,429 SF Available
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      View Details
    • $22 SF/Yr
      2,400 SF

      Farmington Office Space For Sale

      Prime 2,400 sq ft office, 10 parking spaces.
      855 Farmington Ave, Farmington, CT 06032
      View Details
    • $2,300 /Mo
      1,254 SF

      Versatile Commercial Space For Rent

      Commercial space near Miss Porter's School with Farmington River views.
      128 Garden St, Farmington, CT 06032
      View Details
    • $18 SF/Yr
      939 SF

      Versatile Office Suite For Rent

      939 sq ft office suite suitable for various businesses.
      2 Forest Park Dr, Farmington, CT 06032
      View Details
    • Contact for pricing
      8,212 SF

      Class A Office Building

      Class A office building in park-like setting near I-84.
      76 Batterson Park Rd, Farmington, CT 06032
      View Details
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    Farmington, CT 06032-1512
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    Realmo Value Estimation

    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.

    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
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