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    Property profile & analytics

    271 Franklin Ave Hartford, CT 06114-1882

    • Investment properties
    • 5,400 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Last Sale
    Dec 03, 2021
    $289,000
    Location Intelligence
    Property ID
    US15-1244608
    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

    • Anita’s Hair Salon / Hair Salon
    • Heavy Cloud Smoke Shop / Store

    Property Details for 271 Franklin Ave

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.17 lot acres
    Property size
    5,400 SF
    Zone code
    MS-2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    HTFD M:252 B:669 L:122
    APU
    HTFDM252B669L122

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $300,000
      6.5%
      $285,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $275,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $280,000
      Retail
      $335,000
      Mixed-Use
      $280,000
      Hospitality
      $255,000
      Educational
      $310,000
      Residential Income
      $345,000
      Energy
      $330,000
      Income-Based Land
      $255,000
      Food Service
      $290,000

    Location Insight

    • Map
    • Local Demand
    City
    Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6768
    Latitude
    41.743
    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
    $14,962
    $29,540
    $187,460
    $217,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $345,000
      6,478 SF

      93-95 Maple Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 6,478 SF
      93-95 Maple Ave, Hartford, CT 06114
      View Details
    • Value Estimation
      $245,000
      2,574 SF

      819-821 Maple Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,574 SF
      819-821 Maple Ave, Hartford, CT 06114
      View Details
    • Value Estimation
      $390,000
      5,559 SF

      757-759 Maple Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,559 SF
      757-759 Maple Ave, Hartford, CT 06114
      View Details
    • Value Estimation by Request
      4,002 SF

      735 Wethersfield Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,002 SF
      735 Wethersfield Ave, Hartford, CT 06114-3105
      View Details
    • Value Estimation
      $755,000
      8,639 SF

      719 Wethersfield Ave, Unit 725

      OFFICE/RESIDENTIAL (MIXED USE) • 8,639 SF
      719 Wethersfield Ave, Hartford, CT 06114-1931
      View Details
    • Value Estimation
      $315,000
      4,966 SF

      229-233 White St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,966 SF
      229-233 White St, Hartford, CT 06114
      View Details

    Similar Nearby for Sale

    • $250,000
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      Leased Industrial Buildings For Sale

      Three industrial buildings totaling 38,000 SF on 3 acres.
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      Turnkey Hartford Two-Family Property

      Two spacious units, garage, ready for occupancy.
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    Similar Nearby for Lease

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      10,990 SF

      Industrial/Flex Space For Lease

      Industrial/flex space featuring a dock, drive-in door, and office.
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    • Contact for pricing
      149,282 SF

      Hartford Industrial Space for Lease

      149,282 SF industrial space available for lease in Hartford.
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      View Details
    • $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
    • $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
    • $9 SF/Yr
      33,000 SF

      Hartford Warehouse and Showroom Space

      33,000 SF showroom and warehouse space available for lease.
      301 Murphy Rd, Hartford, CT 06114
      View Details
    • $6 SF/Yr
      32,641 SF

      Hartford Warehouse with Retail Exposure

      32,641 SF Hartford warehouse space for lease.
      376 Ledyard St, Hartford, CT 06114
      View Details
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    271 Franklin Ave
    Hartford, CT 06114-1882
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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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