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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Office buildings
36 Russ St Hartford, CT 06106-1520
Entity Owned
12-yr Hold
Free & Clear
Property ID
US15-0920606
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1885
Construction
FRAME
Total area
4,665 SF
Lot
0.21 ac (9,165 SF)
Zoning code
MX-1
APN
HTFD M:225 B:438 L:121
UPID
US15-0920606
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
-
Wecare Commerce LLC Marketing & Advertising IT Consulting Firm
-
Bravo Digital Partners LLC Advertising Agency Marketing & Advertising
-
Purposeful Cleaning (Bike/Boat/Book/etc) Store
-
Equity Enrichment Alliance Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$432k
Blend (final)
Blend
$695k
Owner & transaction history
Russ Street 36 LLC · 12 yrs held
Russ Street 36 LLC
since 2014
3 recorded transactions
Zoning & alternative use
MX-1 · Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$470,000
+73.5%
Auto repair, garage
$420,000
+53.8%
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
Alternative Use
Use
Estimation
RETAIL STORES
$470,000
Change: +74% · Conversion: Moderate
AUTO REPAIR, GARAGE
$420,000
Change: +54% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$149 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$17,231
Tax year 2023
Assessed value
$249,900
Assessed 2023
Previous assessed
$249,900
+0.0% YoY
Effective rate
6.90%
On assessed value
Assessed land
$65,450
Assessed improvement
$184,450
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1885
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Total area
4,665 SF
Lot
0.21 ac (9,165 SF)
Zoning code
MX-1
APN
HTFD M:225 B:438 L:121
UPID
US15-0920606
Jurisdiction
HARTFORD
Zoning & alternative use
MX-1 · Hartford, CT
Zoning MX-1 · permitted uses
MX-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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$470,000
AUTO REPAIR, GARAGE
Est. value
$420,000
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1885
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Russ Street 36 LLC
Entity
Free & Clear · 12 yrs held
Mailing address
40 RUSS ST, HARTFORD, CT 06106-1520
Ownership since
2014
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
Jan 31, 2014
$382,500
Russ Street 36 LLC
Jay W Jackson
Warranty Deed
—
Oct 3, 1989
$170,770
Matthew J O'keefe
Dunn,philip R
Grant Deed
—
Oct 3, 1989
—
Denise Matino Phelan
—
Deed Of Trust
related
$35,350 · Zwi Kohorn
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.
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