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    Property profile & analytics

    208 Murphy Rd Hartford, CT 06114-2107

    • Office buildings
    • 6,884 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $670,000
    Last Sale
    Jul 17, 2024
    $675,000
    Location Intelligence
    Property ID
    US15-0392357
    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

    • International Brotherhood of Electrical Workers Local 35 / Labor Union
    • Hartford Electricians JATC / Labor Union

    Property Details for 208 Murphy Rd

    Year built
    1988
    Construction
    STEEL FRAME
    Lot size
    1.00 lot acres
    Property size
    6,884 SF
    Zone code
    ID-1
    Property type
    Office buildings
    APN
    HTFD M:332 B:077 L:006
    APU
    HTFDM332B077L006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $675,000

    • CAP approach

      CAP return
      Estimation
      6%
      $645,000
      6.5%
      $620,000
      7%
      $640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $745,000
      Geo Method
      $580,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $735,000
      Retail
      $655,000
      Mixed-Use
      $630,000
      Hospitality
      $625,000
      Educational
      $695,000
      Residential Income
      $655,000
      Energy
      $565,000
      Income-Based Land
      $620,000
      Food Service
      $655,000

    Location Insight

    • Map
    • Local Demand
    City
    Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6532
    Latitude
    41.7383
    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
    $14,451
    $147,700
    $61,880
    $209,580
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $445,000
      7,727 SF

      2 Wethersfield Ave

      OFFICE BUILDING • 7,727 SF
      2 Wethersfield Ave, Hartford, CT 06114-1128
      View Details
    • Value Estimation
      $470,000
      15,142 SF

      155 Locust St

      OFFICE BUILDING • 15,142 SF
      155 Locust St, Hartford, CT 06114-1504
      View Details
    • Value Estimation
      $335,000
      3,407 SF

      801 Maple Ave

      OFFICE BUILDING • 3,407 SF
      801 Maple Ave, Hartford, CT 06114-2323
      View Details
    • Value Estimation
      $335,000
      9,736 SF

      624-626 Franklin Ave

      OFFICE BUILDING • 9,736 SF
      624-626 Franklin Ave, Hartford, CT 06114
      View Details
    • Value Estimation
      $195,000
      3,543 SF

      527 Wethersfield Ave

      OFFICE BUILDING • 3,543 SF
      527 Wethersfield Ave, Hartford, CT 06114-1909
      View Details
    • Value Estimation
      $500,000
      10,829 SF

      555 Franklin Ave

      OFFICE BUILDING • 10,829 SF
      555 Franklin Ave, Hartford, CT 06114-3081
      View Details

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      Hartford Storefront - Prime Location

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      Turnkey Hartford Two-Family Property

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    Similar Nearby for Lease

    • $10 SF/Yr
      1,322 SF

      Wethersfield Avenue Office Space Available

      South Hartford office building with highway access and ample parking.
      864 Wethersfield Ave, Hartford, CT 06114
      View Details
    • $1,800 /Mo

      Remodeled Office Suite For Lease

      Newly remodeled 1,800 sq. ft. office suite for lease.
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    • $2,200 /Mo

      Updated Office Suite For Rent

      Professionally updated office suite with flexible space and convenient location.
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    • $2,150 /Mo
      1,427 SF

      Hartford Office Suites for Lease

      Versatile office suites in Hartford's South Meadows district, move-in ready.
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      View Details
    • $1,800 /Mo

      Functional Office Suite For Rent

      Second-floor office suite with five private offices and reception.
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    • $2,450 /Mo
      2,000 SF

      Hartford Office Space For Lease

      2000 sq ft office space with utilities included.
      110 Airport Rd, Hartford, CT 06114
      View Details
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    208 Murphy Rd
    Hartford, CT 06114-2107
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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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