Property profile

500 Farmington Ave 506 Hartford, CT 06105

OFF-MARKET
Retail space
Property ID
US15-0878287
7,560 SF 0.37 ac lot Built 1946
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1946
Construction FRAME
Total area 7,560 SF
Lot 0.37 ac (16,000 SF)
Zoning code MS-1
APN HTFD M:133 B:313 L:113
UPID US15-0878287

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Pharmacy
  • Pharmacy
  • Pharmacy
  • Pharmacy

Location

500 Farmington Ave, Unit 506 Hartford, CT 06105-3106
Hartford metro Census 504200 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$719k
Blend (final) Blend
$355k

Owner & transaction history

since 2008
5 recorded transactions
2012
Price N/A
2008
$680,000
2001
Price N/A
1997
$30,000
1996
Price N/A

Zoning & alternative use

MS-1 · Hartford, CT
Zoning description

t. Main Street (MS) The MS districts continue the pattern of traditional mixed-use main street development with ground floor storefronts in neighborhood centers, at interior neighborhood nodes and along major corridors.…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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