Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    507 Park St, Unit 513 Hartford, CT 06106-1518

    • Investment properties
    • 6,890 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Location Intelligence
    Property ID
    US15-0840559
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Pitta Gourmet / Takeout Restaurant / Pizza Restaurant

    Property Details for 507 Park St

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.17 lot acres
    Property size
    6,890 SF
    Zone code
    MS-1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    HTFD M:226 B:537 L:059
    APU
    HTFDM226B537L059

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $360,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $455,000
      Geo Method
      $465,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $355,000
      Retail
      $355,000
      Mixed-Use
      $325,000
      Hospitality
      $355,000
      Educational
      $395,000
      Residential Income
      $455,000
      Energy
      $385,000
      Income-Based Land
      $355,000
      Food Service
      $335,000

    Location Insight

    • Map
    • Local Demand
    City
    Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6852
    Latitude
    41.7577
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,393
    $23,660
    $257,810
    $281,470
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $485,000
      7,286 SF

      854 Park St, Unit 862

      OFFICE/RESIDENTIAL (MIXED USE) • 7,286 SF
      854 Park St, Hartford, CT 06106-5216
      View Details
    • Value Estimation
      $210,000
      3,429 SF

      16 New Park Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,429 SF
      16 New Park Ave, Hartford, CT 06106-6603
      View Details
    • Value Estimation
      $220,000
      2,500 SF

      38 New Park Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,500 SF
      38 New Park Ave, Hartford, CT 06106-2122
      View Details
    • Value Estimation by Request
      2,009 SF

      2061 Park St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,009 SF
      2061 Park St, Hartford, CT 06106-2025
      View Details
    • Value Estimation
      $285,000
      3,788 SF

      1893-1895 Park St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,788 SF
      1893-1895 Park St, Hartford, CT 06106
      View Details
    • Value Estimation
      $375,000
      6,721 SF

      698-700 Park St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,721 SF
      698-700 Park St, Hartford, CT 06106
      View Details

    Similar Nearby for Sale

    • New
      $689,900
      3,234 SF

      Turnkey Mixed-Use Investment Opportunity

      Remodeled commercial building with restaurant and residential units.
      158 Park St, Hartford, CT 06106
      View Details
    • $499,999
      6,377 SF

      Parkville Commercial Property with Income

      Prime commercial property with retail space and residential income units.
      1851 Park St, Hartford, CT 06106
      View Details
    • $550,000
      6,692 SF

      Hartford Mixed-Use Investment

      8-unit building, high ROI potential.
      14 Hillside Ave, Hartford, CT 06106
      View Details
    • $374,900
      6,936 SF

      Downtown Hartford Creative Office

      6,936 SF Office/Retail, $374,900
      1 Main St, Hartford, CT 06106
      View Details
    • $690,000
      8,900 SF

      Downtown Hartford Freestanding Office Building

      Two-story office building with parking in downtown Hartford, CT.
      131 Oak St, Hartford, CT 06106
      View Details
    • $584,900

      Hartford Multifamily Property For Sale

      Multifamily property available for purchase in Hartford, Connecticut.
      60 Arnold St, Hartford, CT 06106
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      43,300 SF

      Hartford Office Building For Sale

      Prime Hartford location, multiple suites available.
      330 Main St, Hartford, CT 06106
      View Details
    • $2,800 /Mo
      1,200 SF

      Retail End Cap Space Available

      Prime 1,200 SF retail space, former pharmacy, ample parking.
      408 New Britain Ave, Hartford, CT 06106
      View Details
    • $1,600 /Mo

      Versatile Commercial Space For Rent

      Flexible commercial space suitable for various businesses or organizations.
      528 Park St, Hartford, CT 06106
      View Details
    • $1,675 /Mo

      Updated Three-Bedroom Apartment For Rent

      Updated three-bedroom, one-bath apartment with modern comfort and convenience.
      100 Amity St, Hartford, CT 06106
      View Details
    • $1,200 /Mo

      Streetfront Retail Space in Hartford

      Highly visible retail space in Hartford's Frog Hollow district.
      881 Broad St, Hartford, CT 06106
      View Details
    • $1,800 /Mo

      Three Bedroom Apartment For Rent

      Three-bedroom apartment in a desirable location near Hartford Hospital.
      48 Lincoln St, Hartford, CT 06106
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    507 Park St, Unit 513
    Hartford, CT 06106-1518
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.