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Property profile & analytics
FOR SALE
Retail space
281 Hamilton St Hartford, CT 06106
Individually Owned
18-yr Hold
Free & Clear
Property ID
US15-0076079
For Sale
1 / 8
$450,000
281 Hamilton St, Hartford, CT 06106
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Construction
FRAME
Total area
3,479 SF
Lot
0.15 ac (6,325 SF)
Zoning code
NX-1
APN
HTFD M:137 B:482 L:119
UPID
US15-0076079
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
-
Power-Plus Equipment & Motorsports (Bike/Boat/Book/etc) Store Garden Center
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
Manuel Duarte · 18 yrs held
Manuel Duarte
since 2008
3 recorded transactions
Zoning & alternative use
NX-1 · Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
e setting. Neighborhood Mix (NX) The NX districts include the most intensive mixes of residential building types, all permitting Multi-Unit Dwelling uses and Apartment Building Types in a low-scale neighborhood setting. NX-1 The NX-1 district is intended for neighborhood areas that currently include a mix of Apartment Buildings and House Type B with multiple…
Zone name
Neighborhood Mix 1
General category
UNKNOWN
Zone area
768.51 ac
Source
zoning regulations
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
$4,957
Tax year 2023
Assessed value
$71,890
Assessed 2023
Previous assessed
$71,890
+0.0% YoY
Effective rate
6.90%
On assessed value
Assessed land
$17,710
Assessed improvement
$54,180
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1940
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
2
Total area
3,479 SF
Lot
0.15 ac (6,325 SF)
Zoning code
NX-1
APN
HTFD M:137 B:482 L:119
UPID
US15-0076079
Jurisdiction
HARTFORD
Zoning & alternative use
NX-1 · Hartford, CTZoning NX-1 · permitted uses
NX-1 · Hartford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
e setting. Neighborhood Mix (NX) The NX districts include the most intensive mixes of residential building types, all permitting Multi-Unit Dwelling uses and Apartment Building Types in a low-scale neighborhood setting. NX-1 The NX-1 district is intended for neighborhood areas that currently include a mix of Apartment Buildings and House Type B with multiple units in each building. Row Buildings are permitted, though few exist in these area
Zone name
Neighborhood Mix 1
General category
UNKNOWN
Zone area
768.51 ac
Source
zoning regulations
Building & site characteristics
From public records
Year built
1940
Construction
FRAME
Heating
STEAM
Stories
2
Buildings
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Manuel Duarte
Individual
Free & Clear · 18 yrs held
Mailing address
281 HAMILTON ST, HARTFORD, CT 06106-2117
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2019
—
Power & Equipment LLC
—
Deed
related
$157,500 · Homeowners Fin
Jan 11, 2008
$1
Manuel Duarte
Power Plus Equipment LLC
Grant Deed
related
—
—
—
Power & Equipment LLC
—
Deed Of Trust
related
$157,500 · Homeowners Fin
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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