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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Showrooms
199 Oakwood Ave, West Hartford, CT 06119-2150
Individually Owned
2-yr Hold
Free & Clear
Property ID
US15-1040152
Property summary
AI-generated overview
This three-story, 9,768-square-foot office building in West Hartford, Connecticut, is available for sale or lease. Built in 1966 and situated on a 0.51-acre lot, the property features a recently installed roof and ample parking with 36 spaces. The building is zoned BN and offers flexible space options, with a minimum divisible unit of 3,256 square-foot and the potential for a single tenant to occupy the entire 9,768 square feet. Utilities include a 200-amp, 3-phase power system. While there are no elevators, the building's location offers excellent accessibility, being only one-third of a mile from I-84 Exit 44. The property's versatile zoning allows for a variety of uses, including general office space, church, daycare center, therapy and wellness practices, or studio space. Property taxes are $2.50 per square foot. This is a prime opportunity for businesses seeking a well-located, adaptable office space in a thriving Connecticut community. The entire building is currently vacant.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1966
Construction
STEEL FRAME
Total area
9,178 SF
Lot
0.51 ac (22,059 SF)
Zoning code
BN
APN
WHAR M:H11 B:3961 L:199
UPID
US15-1040152
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
-
Identidad Latina Radio Radio Station Telecommunications Service
-
Doreen Fishman Alternative Medicine Practice
-
Joy Mission Church
-
desai group Consultant
-
Stormproof Systems, LLC Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$739k
Blend (final)
Blend
$590k
Owner & transaction history
West Hartford Dynasty Cui · 2 yrs held
West Hartford Dynasty Cui
since 2023
Last sale
$640,000
4 recorded transactions
Zoning & alternative use
BN · West 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 West Hartford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
$460,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $640k (May 29 2025)
Last sale anchor
$640k
May 29 2025
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
$64 / 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
$22,772
Tax year 2023
Assessed value
$556,500
Assessed 2023
Previous assessed
$556,500
+0.0% YoY
Effective rate
4.09%
On assessed value
Assessed land
$222,670
Assessed improvement
$333,830
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1966
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
9,178 SF
Lot
0.51 ac (22,059 SF)
Zoning code
BN
APN
WHAR M:H11 B:3961 L:199
UPID
US15-1040152
Jurisdiction
WEST HARTFORD
Zoning & alternative use
BN · West Hartford, CT
Zoning BN · permitted uses
BN · West Hartford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Hartford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
West Hartford Dynasty Cui
Individual
Free & Clear · 2 yrs held
Mailing address
199 OAKWOOD AVE, WEST HARTFORD, CT 06119-2150
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2023
$640,000
West Hartford Dynasty Cui
Harshad Desai
Warranty Deed
—
Jul 18, 2016
—
Harshad Desai
Desai Harshad Trust
Trustees Deed
—
May 13, 2015
—
Anjali Desai
Desai Jatin H Trust
Trustees Deed
—
Apr 30, 1987
$600,000
C H Royer
Senzo,l E
Grant Deed
$600,000 · Zwi Kohorn
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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