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    Property profile & analytics

    306 Locust St Hartford, CT 06114-2010

    • Manufacturing properties
    • 4,470 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $725,000
    Last Sale
    Dec 14, 2021
    $650,000
    Location Intelligence
    Property ID
    US15-0934892
    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

    • A Plus Towing Service Hartford / Towing Service
    • SealMaster Hartford / Paving Materials Supplier
    • US Pavement Services / Paving Contractor

    Property Details for 306 Locust St

    Year built
    1965
    Construction
    FRAME
    Lot size
    0.32 lot acres
    Property size
    4,470 SF
    Zone code
    ID-1
    Property type
    Manufacturing properties
    APN
    HTFD M:298 B:584 L:017
    APU
    HTFDM298B584L017

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $755,000

    • CAP approach

      CAP return
      Estimation
      6%
      $700,000
      6.5%
      $680,000
      7%
      $715,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $625,000
      Geo Method
      $575,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $735,000
      Retail
      $630,000
      Mixed-Use
      $670,000
      Hospitality
      $700,000
      Educational
      $650,000
      Residential Income
      $560,000
      Energy
      $745,000
      Income-Based Land
      $725,000
      Food Service
      $620,000

    Location Insight

    • Map
    • Local Demand
    City
    Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6657
    Latitude
    41.7403
    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
    $29,031
    $53,060
    $367,990
    $421,050
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,244 SF

      29 12th Mdw St

      MANUFACTURING (LIGHT) • 2,244 SF
      29 12th Mdw St, Hartford, CT 06114-1406
      View Details
    • Value Estimation
      $280,000
      11,070 SF

      97 12th Airport Rd

      MANUFACTURING (LIGHT) • 11,070 SF
      97 12th Airport Rd, Hartford, CT 06114-2004
      View Details
    • Value Estimation by Request
      3,955 SF

      96 Brown St

      MANUFACTURING (LIGHT) • 3,955 SF
      96 Brown St, Hartford, CT 06114-2901
      View Details
    • Value Estimation
      $325,000
      9,213 SF

      1014 Wethersfield Ave

      MANUFACTURING (LIGHT) • 9,213 SF
      1014 Wethersfield Ave, Hartford, CT 06114-3186
      View Details
    • Value Estimation by Request
      19,200 SF

      171 Murphy Rd

      Distribution properties • 19,200 SF
      171 Murphy Rd, Hartford, CT 06114
      View Details
    • Value Estimation
      $395,000
      2,376 SF

      74 Ellsworth St

      MANUFACTURING (LIGHT) • 2,376 SF
      74 Ellsworth St, Hartford, CT 06114
      View Details

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    Similar Nearby for Lease

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    • $6 SF/Yr
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      Hartford Flex Space Available

      Flex space with showroom/office, drive-in door, and parking.
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      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
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    306 Locust St
    Hartford, CT 06114-2010
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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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