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    Property profile & analytics

    1547 New Britain Ave Farmington, CT 06032-3310

    • Manufacturing properties
    • 22,440 SF
    • 1.78 lot acres
    OFF-MARKET
    Value Estimation
    $545,000
    Location Intelligence
    Property ID
    US15-1289045
    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

    • E.W Granite & Marble, LLC / Granite Supplier / Countertop Contractor

    Property Details for 1547 New Britain Ave

    Year built
    1955
    Lot size
    1.78 lot acres
    Property size
    22,440 SF
    Zone code
    CR
    Property type
    Manufacturing properties
    APN
    FARM M:0114 B:7B
    APU
    FARMM0114B7B

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $540,000

    • CAP approach

      CAP return
      Estimation
      6%
      $605,000
      6.5%
      $635,000
      7%
      $660,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $585,000
      Geo Method
      $635,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $715,000
      Retail
      $660,000
      Mixed-Use
      $660,000
      Hospitality
      $535,000
      Educational
      $675,000
      Residential Income
      $605,000
      Energy
      $685,000
      Income-Based Land
      $605,000
      Food Service
      $645,000

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.861
    Latitude
    41.7123
    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
    $11,477
    $171,920
    $302,120
    $474,040
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      52,080 SF

      1838 New Britain Ave

      MANUFACTURING (LIGHT) • 52,080 SF
      1838 New Britain Ave, Farmington, CT 06032-3114
      View Details
    • Value Estimation
      $425,000
      7,452 SF

      17 Spg Ln

      MANUFACTURING (LIGHT) • 7,452 SF
      17 Spg Ln, Farmington, CT 06032-3128
      View Details
    • Value Estimation
      $1,020,000
      50,080 SF

      28 Spg Ln

      MANUFACTURING (LIGHT) • 50,080 SF
      28 Spg Ln, Farmington, CT 06032-3140
      View Details
    • Value Estimation by Request
      1,068 SF

      196 Brickyard Rd

      Distribution properties • 1,068 SF
      196 Brickyard Rd, Farmington, CT 06032
      View Details
    • Value Estimation
      $400,000
      8,864 SF

      24 Spg Ln

      MANUFACTURING (LIGHT) • 8,864 SF
      24 Spg Ln, Farmington, CT 06032-3349
      View Details
    • Value Estimation by Request
      27.02 Acres

      65 Scott Swamp Rd

      INDUSTRIAL (GENERAL) • 27.02 Acres
      65 Scott Swamp Rd, Farmington, CT 06032-2803
      View Details

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    Similar Nearby for Lease

    • New
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      Farmington Commercial Space For Lease

      Flexible commercial space available in Farmington, CT.
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      View Details
    • Contact for pricing
      3,773 SF

      Farmington Office/Flex Building For Rent

      Well-maintained office/flex building with loading dock and ample parking.
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      View Details
    • Contact for pricing

      Farmington Office or Industrial Space

      160,266 sq ft building on 26.8 acres available for lease.
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      View Details
    • $9 SF/Yr
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      Farmington Ave Office Space

      Flexible workspace solutions in CT.
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    • $20 SF/Yr
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      Farmington Executive Office Suites

      Class A Office Space, 11,429 SF Available
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      Farmington Office Space For Sale

      Prime 2,400 sq ft office, 10 parking spaces.
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      View Details
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    1547 New Britain Ave
    Farmington, CT 06032-3310
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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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