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Property profile & analytics
OFF-MARKET
Showrooms
520 New Britain Ave Hartford, CT 06106
Entity Owned
38-yr Hold
Free & Clear
Property ID
US15-0330749
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1988
Construction
STEEL FRAME
Total area
2,581 SF
Lot
0.32 ac (14,000 SF)
Zoning code
MX-1
APN
HTFD M:164 B:613 L:250
UPID
US15-0330749
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
So Ne Telephone Co · 38 yrs held
So Ne Telephone Co
since 1988
1 recorded transaction
Zoning & alternative use
MX-1 · Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
es, hospitals, and in other areas where low-scale mixed-use development is appropriate. These districts include a mix of compatible office or residential uses in the General Building Type and residential building types. MX-1 The MX-1 district is a lower intensity district intended to be compatible with adjacent historic neighborhoods. This district includes…
Zone name
Multi Use Mix 1
General category
SPECIAL
Zone area
176.89 ac
Source
zoning regulations
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$17,800
Tax year 2023
Assessed value
$258,160
Assessed 2023
Previous assessed
$258,160
+0.0% YoY
Effective rate
6.89%
On assessed value
Assessed land
$30,730
Assessed improvement
$227,430
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
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
STEAM
Buildings
1
Stories
1
Total area
2,581 SF
Lot
0.32 ac (14,000 SF)
Zoning code
MX-1
APN
HTFD M:164 B:613 L:250
UPID
US15-0330749
Jurisdiction
HARTFORD
Zoning & alternative use
MX-1 · Hartford, CTZoning 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
Zoning description
es, hospitals, and in other areas where low-scale mixed-use development is appropriate. These districts include a mix of compatible office or residential uses in the General Building Type and residential building types. MX-1 The MX-1 district is a lower intensity district intended to be compatible with adjacent historic neighborhoods. This district includes office, institutional, and/or residential uses in a mix of lower scaled General, Apa
Zone name
Multi Use Mix 1
General category
SPECIAL
Zone area
176.89 ac
Source
zoning regulations
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
STEAM
Stories
1
Buildings
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
So Ne Telephone Co
Entity
Free & Clear · 38 yrs held
Mailing address
PO BOX 2629, ADDISON, TX 75001-2629
Ownership since
1988
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 1988
$75,000
So Ne Telephone Co
St Lawrence Otoole
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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