Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    172 Kelsey St Newington, CT 06111-5453

    • Parking lots & garages
    • 21,440 SF
    • 2.21 lot acres
    OFF-MARKET
    Value Estimation
    $3,415,000
    Last Sale
    Oct 02, 2024
    $3,480,000
    Location Intelligence
    Property ID
    US15-1042598
    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

    • Bryon's Auto Body LLC / Used Car Dealer / Auto Body Shop
    • Connecticut Auto Body Shop / Auto Body Shop

    Property Details for 172 Kelsey St

    Year built
    1986
    Construction
    STEEL FRAME
    Lot size
    2.21 lot acres
    Property size
    21,440 SF
    Zone code
    PD
    Property type
    Parking lots & garages
    APN
    NEWI M:30 B:101 L:0
    APU
    NEWIM30B101L0

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,480,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,505,000
      6.5%
      $3,550,000
      7%
      $3,620,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,950,000
      Geo Method
      $3,230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,600,000
      Retail
      $3,660,000
      Mixed-Use
      $3,470,000
      Hospitality
      $2,895,000
      Educational
      $2,885,000
      Residential Income
      $3,675,000
      Energy
      $3,430,000
      Income-Based Land
      $3,165,000
      Food Service
      $3,090,000

    Location Insight

    • Map
    • Local Demand
    City
    Newington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7474
    Latitude
    41.6547
    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
    $35,633
    $78,480
    $819,750
    $898,230
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $395,000
      6,344 SF

      365 Cedar St

      PARKING GARAGE, PARKING STRUCTURE • 6,344 SF
      365 Cedar St, Newington, CT 06111-1528
      View Details
    • Value Estimation
      $215,000
      3,000 SF

      131 Smt St

      PARKING GARAGE, PARKING STRUCTURE • 3,000 SF
      131 Smt St, Newington, CT 06111-1719
      View Details
    • Value Estimation
      $345,000
      4,550 SF

      416 Hartford Ave

      PARKING GARAGE, PARKING STRUCTURE • 4,550 SF
      416 Hartford Ave, Newington, CT 06111-1501
      View Details
    • Value Estimation
      $700,000
      29,273 SF

      105 Pane Rd, Unit 113

      PARKING GARAGE, PARKING STRUCTURE • 29,273 SF
      105 Pane Rd, Newington, CT 06111-5563
      View Details
    • Value Estimation
      $350,000
      1,624 SF

      509 Main St

      PARKING GARAGE, PARKING STRUCTURE • 1,624 SF
      509 Main St, Newington, CT 06111-2414
      View Details
    • Value Estimation
      $365,000
      3,360 SF

      120 Willard Ave

      PARKING GARAGE, PARKING STRUCTURE • 3,360 SF
      120 Willard Ave, Newington, CT 06111-1140
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      139,780 SF

      Mixed-Use Flex/Industrial Warehouse & Retail

      139,780 SF mixed-use flex/industrial warehouse & retail property.
      1170 Main St, Newington, CT 06111
      View Details
    • Contact for pricing
      3.22 Acres

      Prime Newington Retail Land

      3.22 Acres, High-Traffic Location
      2640 Berlin Tpke, Newington, CT 06111
      View Details
    • $2,400,000
      3,256 SF

      Newington QSR/Fast Food Opportunity

      Prime location, vacant, 3,256 sq ft.
      2495 Berlin Tpke, Newington, CT 06111
      View Details
    • $1,150,000
      4,350 SF

      Retail/Medical Condo For Sale

      4,350± SF retail/medical condo, leased through 2029.
      485 Willard Ave, Newington, CT 06111
      View Details
    • $325,000
      3,694 SF

      Mixed-Use Property in Newington Center

      Mixed-use property with retail and office/flex space in Newington.
      39-43 Market Sq, Newington, CT 06111
      View Details
    • $5,923,076
      10,000 SF

      Newington, CT Retail NNN Asset

      10,000 SF NNN leased to The Learning Experience.
      395 Willard Ave, Newington, CT 06111
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,542 SF

      Retail Space on Berlin Turnpike

      Retail space in high-traffic Newington location near CCSU.
      2993-3005 Berlin Tpke, Newington, CT 06111
      View Details
    • Contact for pricing
      39,239 SF

      Community Center Retail Space Available

      148,000 SF community center with ample parking.
      3105-3119 Berlin Tpke, Newington, CT 06111
      View Details
    • Contact for pricing
      2,800 SF

      Retail Space on Berlin Turnpike

      Retail space available for sublease in high-traffic area.
      3219-3221 Berlin Tpke, Newington, CT 06111
      View Details
    • $1,500 /Mo

      Newington Retail/Office Space Available

      1,000 SF retail/office space in Newington Center.
      142 Market Sq, Newington, CT 06111
      View Details
    • Contact for pricing
      3,296 SF

      Retail Space in Newington Center

      Retail space available in new mixed-use development near Hartford.
      3323 Berlin Tpke, Newington, CT 06111
      View Details
    • Contact for pricing
      4,105 SF

      Restaurant/Retail Space For Lease

      Restaurant/retail property available for lease in Newington, Connecticut.
      3420 Berlin Tpke, Newington, CT 06111
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    172 Kelsey St
    Newington, CT 06111-5453
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.