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Property profile & analytics
OFF-MARKET
Estimated value
$4,590,000
Office Spaces
3580 Main St Ste 2 Hartford, CT 06120-1121
Entity Owned
Absentee Owner
Free & Clear
Property ID
US15-0047289
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1930
Construction
STEEL FRAME
Total area
142,797 SF
Zoning code
CX-1
APN
HTFD M:304 B:074 L:018
UPID
US15-0047289
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.34M
Blend (final)
Blend
$4.59M
Owner & transaction history
SGS 3580 COMMERCIAL LANDL
SGS 3580 COMMERCIAL LANDL
Zoning & alternative use
CX-1 · Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ial Mix (CX) The CX districts are situated along commercial corridors that are transitioning from a historically industrial past. Flexible regulations encourage the re-use of traditional warehouse and factory buildings. CX-1 The CX-1 district is intended to allow an innovative mix of office, residential, and low intensity industrial uses, along with supporti…
Zone name
Commercial And Industrial Mix 1
General category
INDUSTRIAL
Zone area
312.15 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.59M
Range $4.13M – $5.05M · ±10%
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
$32 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$75,202
Tax year 2024
Assessed value
$1,090,670
Assessed 2024
Effective rate
6.90%
On assessed value
Assessed improvement
$1,090,670
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1930
Construction
STEEL FRAME
Heating
STEAM
Buildings
1
Stories
1
Total area
142,797 SF
Zoning code
CX-1
APN
HTFD M:304 B:074 L:018
UPID
US15-0047289
Jurisdiction
HARTFORD
Zoning & alternative use
CX-1 · Hartford, CTZoning 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
Zoning description
ial Mix (CX) The CX districts are situated along commercial corridors that are transitioning from a historically industrial past. Flexible regulations encourage the re-use of traditional warehouse and factory buildings. CX-1 The CX-1 district is intended to allow an innovative mix of office, residential, and low intensity industrial uses, along with supporting retail and service uses. The form of the area includes large-scale traditional wa
Zone name
Commercial And Industrial Mix 1
General category
INDUSTRIAL
Zone area
312.15 ac
Source
zoning regulations
Building & site characteristics
From public records
Year built
1930
Construction
STEEL FRAME
Heating
STEAM
Stories
1
Buildings
1
Current owner
From public records · entity-resolved
SGS 3580 COMMERCIAL LANDL
Individual
Free & Clear · 0 yrs held
Mailing address
2362 NOSTRAND AVE, BROOKLYN, NY 11210-3857
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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