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Property profile & analytics
OFF-MARKET
Auto shops
240 Walnut St Hartford, CT 06120-2833
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US15-0078815
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1950
Construction
STEEL FRAME
Total area
3,671 SF
Lot
0.33 ac (14,549 SF)
Zoning code
CX-1
APN
HTFD M:221 B:273 L:059
UPID
US15-0078815
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
-
Del Rio Iron Work Metal Fabrication Plant Factory
-
Recycle King Scales brothers, Quadirs auto world, bumper 2 bumper Storage Facility Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Phoenix Tax Investors LLC · 2 yrs held
Phoenix Tax Investors LLC
since 2023
Last sale
$380,000
7 recorded transactions
Zoning & alternative use
CX-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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,351
Tax year 2023
Assessed value
$106,610
Assessed 2023
Previous assessed
$106,610
+0.0% YoY
Effective rate
6.90%
On assessed value
Assessed land
$61,390
Assessed improvement
$45,220
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1950
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
3,671 SF
Lot
0.33 ac (14,549 SF)
Zoning code
CX-1
APN
HTFD M:221 B:273 L:059
UPID
US15-0078815
Jurisdiction
HARTFORD
Zoning & alternative use
CX-1 · Hartford, CT
Zoning CX-1 · permitted uses
CX-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.
Building & site characteristics
From public records
Year built
1950
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Phoenix Tax Investors LLC
Entity
Mailing address
11 TALCOTT NOTCH RD, FARMINGTON, CT 06032-1817
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2023
—
Phoenix Tax Investors LLC
American Tax Funding LLC
Quit Claim Deed
related
—
Jul 25, 2023
$380,000
Avery D Hansley
Phoenix Tax Investors LLC
Warranty Deed
$355,000 · Phoenix Tax Invest Ll
Jul 25, 2023
—
Phoenix Tax Investors LLC
Ct Tax Liens 1 LLC
Quit Claim Deed
related
—
Jul 24, 2013
—
American Tax Funding LLC
240 Walnut Street LLC
Foreclosure
related
—
Jul 3, 2013
—
Phoenix Tax Investors LLC
—
Deed Of Trust
related
$650,000 · Vanhorst General Contractors
May 14, 2004
—
240 Walnut Street LLC
Spillane,robert
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Sep 15, 2000
—
Jupiter Prop Mgmt
—
Deed Of Trust
related
$500,000 · Pnc Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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