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Property profile & analytics
FOR LEASE
Showrooms
475 East Hartford Blvd North East Hartford, CT 06118
Entity Owned
Absentee Owner
Free & Clear
Property ID
US15-1201109
For Lease
1 / 3
$16,925,000
475 East Hartford Blvd North, East Hartford, CT 06118
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Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2007
Construction
STEEL FRAME
Total area
181,421 SF
Lot
18.36 ac (799,762 SF)
Zoning code
DDD1
APN
EHAR M:33 L:5
UPID
US15-1201109
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
-
Sunglass Outfitters by Sunglass Hut (Bike/Boat/Book/etc) Store
-
Bass Pro Shops/Cabela’s Boating Center (Bike/Boat/Book/etc) Store
-
Safe Boating Connecticut Training Center Tutoring Service
-
Cabela's (Bike/Boat/Book/etc) Store
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.88M
Blend (final)
Blend
$16.93M
Owner & transaction history
CABELAS INC
CABELAS INC
Zoning & alternative use
DDD1 · East Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 East Hartford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East 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
COMMERCIAL (GENERAL)
$18,940,000
Current use
RETAIL STORES
$18,330,000
Change: -3% · Conversion: Easy
AUTO REPAIR, GARAGE
$16,250,000
Change: -14% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$15,875,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$16.93M
Range $15.23M – $18.62M · ±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
$93 / 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
$694,522
Tax year 2024
Assessed value
$15,784,590
Assessed 2024
Previous assessed
$15,784,590
+0.0% YoY
Effective rate
4.40%
On assessed value
Assessed land
$4,522,850
Assessed improvement
$11,261,740
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
181,421 SF
Lot
18.36 ac (799,762 SF)
Zoning code
DDD1
APN
EHAR M:33 L:5
UPID
US15-1201109
Jurisdiction
EAST HARTFORD
Zoning & alternative use
DDD1 · East Hartford, CT
Zoning DDD1 · permitted uses
DDD1 · East Hartford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Hartford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$18.9M
RETAIL STORES
Est. value
$18.3M
AUTO REPAIR, GARAGE
Est. value
$16.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.9M
COMMERCIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
18.36 ac
Current owner
From public records · entity-resolved
CABELAS INC
Entity
Free & Clear · 0 yrs held
Mailing address
2500 N KEARNEY ST, SPRINGFIELD, MO 65898-0001
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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