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Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Grocery and convenience stores
1744 Park St, Hartford, CT 06106-2134
Entity Owned
31-yr Hold
~
Est. High Equity
Property ID
US15-0427879
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1946
Construction
FRAME
Total area
11,805 SF
Lot
0.58 ac (25,112 SF)
Zoning code
MS-1
APN
HTFD M:136 B:392 L:204
UPID
US15-0427879
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
Current use
Occupant on record · Public records
-
CTown Supermarkets Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.16M
Owner & transaction history
Mi Casa Realty Corp · 31 yrs held
Mi Casa Realty Corp
since 1994
5 recorded transactions
Zoning & alternative use
MS-1 · Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Alternative Use
Use
Estimation
RETAIL STORES
$1,195,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,170,000
Change: -2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,055,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±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
$98 / 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
$33,486
Tax year 2023
Assessed value
$485,660
Assessed 2023
Previous assessed
$485,660
+0.0% YoY
Effective rate
6.89%
On assessed value
Assessed land
$86,730
Assessed improvement
$398,930
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1946
Construction
FRAME
Heating
STEAM
Cooling
YES
Buildings
1
Stories
1
Total area
11,805 SF
Lot
0.58 ac (25,112 SF)
Zoning code
MS-1
APN
HTFD M:136 B:392 L:204
UPID
US15-0427879
Jurisdiction
HARTFORD
Zoning & alternative use
MS-1 · Hartford, CT
Zoning MS-1 · permitted uses
MS-1 · Hartford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hartford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1946
Construction
FRAME
Heating
STEAM
Cooling
Yes
Stories
1
Buildings
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Mi Casa Realty Corp
Entity
Mailing address
7 TAPPENTOWN LN, GLEN HEAD, NY 11545-3320
Ownership since
1994
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2009
—
Mi Casa Realty Corp
—
Deed Of Trust
related
$600,000 · Zions First National Bank
Jun 5, 1997
—
M Casa Realty Co
—
Deed Of Trust
related
$525,000 · Chase Manhattan Bank
Jul 21, 1994
$600,000
Mi Casa Realty Corp
Mattera,richard
Grant Deed
$600,000 · Alpha 1 Marketng Corp
Nov 1, 1989
$550,000
1744 Polyhedron Corp
1744 Reatly Corp
Grant Deed
related
—
Jun 10, 1988
$600,000
1744 Realty Corp
Schwab,harry
Grant Deed
$600,000 · Zenon Grzybowski
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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