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Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Showrooms
237 Ledyard St Hartford, CT 06114-2007
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US15-0098555
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1975
Construction
FRAME
Total area
25,561 SF
Lot
1.41 ac (61,550 SF)
Zoning code
ID-1
APN
HTFD M:275 B:688 L:090
UPID
US15-0098555
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
-
Auto Complete Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$2.40M
Owner & transaction history
W Dealtrey LP · 1 yrs held
W Dealtrey LP
since 2024
Last sale
$2.4M
7 recorded transactions
Zoning & alternative use
ID-1 · Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ment and supply uses, and bars and nightclubs. Industrial (ID) The ID districts provide areas within the city for more intensive manufacturing, warehousing, and distribution in larger-scale Workshop/Warehouse Buildings. ID-1 The purpose of the ID-1 industrial district in the city is to provide for medium to heavy industry characterized by a minimum of noise,…
Zone name
Industrial 1
General category
INDUSTRIAL
Zone area
1,224.59 ac
Source
zoning regulations
Top alternative use upside
Retail stores
$2.6M
+38.5%
Auto repair, garage
$2.3M
+22.8%
Office building
$1.9M
+3.0%
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
$2,400,000
ML approach
$2,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,865,000
Current use
RETAIL STORES
$2,580,000
Change: +39% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,290,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$1,920,000
Change: +3% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,895,000
Change: +2% · Conversion: Moderate
Blend value · Realmo final
$2.40M
Range $2.16M – $2.64M · ±10% · vs last sale $2.40M (Dec 9 2024)
Last sale anchor
$2.40M
Dec 9 2024
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
$94 / 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
$48,275
Tax year 2023
Assessed value
$700,140
Assessed 2023
Previous assessed
$700,140
+0.0% YoY
Effective rate
6.90%
On assessed value
Assessed land
$233,310
Assessed improvement
$466,830
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
1975
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
25,561 SF
Lot
1.41 ac (61,550 SF)
Zoning code
ID-1
APN
HTFD M:275 B:688 L:090
UPID
US15-0098555
Jurisdiction
HARTFORD
Zoning & alternative use
ID-1 · Hartford, CTZoning ID-1 · permitted uses
ID-1 · Hartford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ment and supply uses, and bars and nightclubs. Industrial (ID) The ID districts provide areas within the city for more intensive manufacturing, warehousing, and distribution in larger-scale Workshop/Warehouse Buildings. ID-1 The purpose of the ID-1 industrial district in the city is to provide for medium to heavy industry characterized by a minimum of noise, odor, glare, and pollution, and by moderate traffic upon the public streets. It is
Zone name
Industrial 1
General category
INDUSTRIAL
Zone area
1,224.59 ac
Source
zoning regulations
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.9M
RETAIL STORES
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.3M
OFFICE BUILDING
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1975
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
1.41 ac
Current owner
From public records · entity-resolved
W Dealtrey LP
Entity
Mailing address
PO BOX 290589, WETHERSFIELD, CT 06129-0589
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2024
$2,400,000
W Dealtrey LP
South Meadows No 2 LLC
Warranty Deed
$1,560,000 · Truist Bank
Aug 3, 2018
$310,000
South Meadows 2 LLC
Rio Prop Hldgs LLC
Warranty Deed
—
Nov 21, 2017
$400,944
Rioprop Holdings LLC
Calderock 3 LLC
Committee
related
—
Mar 23, 2015
—
Td Bank NA
Td Bank NA|caceres Ferez Realty LLC
Foreclosure
related
—
Aug 17, 2005
$950,000
Ceceres-ferez Rlty LLC
Faienza Rlty
Warranty Deed
$676,000 · Td Banknorth Mtg Grp
Aug 17, 2005
—
Ceceres-ferez Rlty LLC
—
Deed Of Trust
related
$275,000 · Zenon Grzybowski
Mar 6, 2003
$75,000
Mcv LLC
Faienza Rlty
Warranty Deed
—
Sep 12, 2002
—
Faienza Rlty
—
Deed Of Trust
related
$650,000 · Banknorth NA
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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