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    Property profile & analytics

    1137 Main St East Hartford, CT 06108

    • Commercial real estate
    • 1.18 lot acres
    For Lease
    View listing
    $13 SF/Yr
    Value Estimation
    $1,315,000
    Last Sale
    Aug 02, 2022
    $1,300,000
    Location Intelligence
    Property ID
    US15-1026249
    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

    • Office-Institutional Advancement / College
    • Bailey's Pharmacy / Pharmacy
    • The Construction Institute / College / Non-Profit Organization
    • Bailey's Medical Equipment and Supplies / Medical Equipment Supplier
    • Construction Solutions Group, LLC / General Contractor

    Property Details for 1137 Main St

    Lot size
    1.18 lot acres
    Zone code
    B-5
    Property type
    Commercial real estate
    APN
    EHAR M:14 L:268
    APU
    EHARM14L268

    Description

    This well-maintained Class B office building, totaling 34,380 square feet, offers multiple suites for lease in the desirable East Hartford submarket of Hartford County. The building, renovated in 2020, features convenient first-floor access to available spaces ranging from 1,209 to 3,126 contiguous square feet. Two spaces are currently available. The property sits on 1.18 acres of land and includes ample free on-site parking, making it easily accessible for both staff and clients. Building amenities include elevators and handicap accessibility. The flexible floor plans accommodate various office configurations, including private offices, conference rooms, and open work areas. Its location near Orchard Street and its B-5 zoning make it particularly well-suited for medical-related businesses, as evidenced by its proximity to Baileys Medical Supplies and the presence of The Construction Institute as a current tenant. The building boasts a total of four suites.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,315,000
      6.5%
      $1,325,000
      7%
      $1,375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,370,000
      Geo Method
      $1,320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,125,000
      Retail
      $1,305,000
      Mixed-Use
      $1,225,000
      Hospitality
      $1,175,000
      Educational
      $1,490,000
      Residential Income
      $1,395,000
      Energy
      $1,430,000
      Income-Based Land
      $1,175,000
      Food Service
      $1,580,000

    Location Insight

    • Map
    • Local Demand
    City
    East Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6419
    Latitude
    41.7736
    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
    2024
    $33,331
    $97,910
    $659,610
    $757,520
    -
    $0.00
    $0.00
    $0.00

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    1137 Main St
    East Hartford, CT 06108
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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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