Financial
Distress signals
Property profile

453 New Park Ave West Hartford, CT 06106

FOR LEASE
Showrooms
Property ID
US15-0600890
10,084 SF 0.36 ac lot Built 1948
Last sale Oct 2024 · $960,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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453 New Park Ave, West Hartford, CT 06106 For Lease
$960,000
453 New Park Ave, West Hartford, CT 06106
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Property summary

AI-generated overview

The property is a one-story industrial building totaling 10,084 square feet, with approximately 8,644 square feet of warehouse space and approximately 1,440 square feet of office space. It offers a 12-foot clear height and is situated on a 0.36-acre lot. The building is zoned BG, with permitted uses that include light industrial or manufacturing, fabrication, wholesale business and storage, adult daycare, and cannabis retail or dispensary facilities. The site is located near I-84 at Exit 45 (Flatbush Ave) and has exposure to road traffic with an estimated 12,000 ADT.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$314k
Assessed land$74k
Assessed improvement$239k
Effective rate4.24%

Value estimate

· Sep 2026
$960k
$864k – $1.06M
AI approach$960k
Submarket $/SF estimate$775k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$112/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$77 – $147
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BG
General Business District (BG). The purpose of this district is to provide areas for the development of such commercial uses which are co...
General categoryCOMMERCIAL
JurisdictionWEST HARTFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office20.5
Realty agency18.1
Parking Facility13.0

Location

453 New Park Ave West Hartford, CT 06106
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
440 New Park, West Hartford, CT 06110-1142 $600,000 Sep 2024 5,478 SF
100 Mayflower, West Hartford, CT 06110-1420 $1,500,000 May 2024 7,175 SF
433 New Park, West Hartford, CT 06110-1141 $1,200,000 Mar 2024 8,960 SF
607 New Park, West Hartford, CT 06110 $340,000 Nov 2023 8,454 SF
554 New Park, West Hartford, CT 06110 $660,000 Dec 2021 8,385 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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