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    Property profile & analytics

    551 Albany Ave, Unit 557 Hartford, CT 06112-2302

    • Investment properties
    • 9,993 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US15-0759655
    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

    • Jackson Hewitt Tax Service / Accountant / Tax Preparation Service
    • Max Tax Services / Tax Preparation

    Property Details for 551 Albany Ave

    Year built
    1930
    Construction
    FRAME
    Lot size
    0.21 lot acres
    Property size
    9,993 SF
    Zone code
    MS-1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    HTFD M:221 B:223 L:019
    APU
    HTFDM221B223L019

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.6861
    Latitude
    41.7777
    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
    $19,707
    $37,240
    $248,570
    $285,810
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,843 SF

      130 Homestead Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,843 SF
      130 Homestead Ave, Hartford, CT 06112-2339
      View Details
    • Value Estimation
      $970,000
      10,572 SF

      696 Albany Ave, Unit 714

      OFFICE/RESIDENTIAL (MIXED USE) • 10,572 SF
      696 Albany Ave, Hartford, CT 06112-2304
      View Details
    • Value Estimation
      $240,000
      4,381 SF

      846-848 Albany Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,381 SF
      846-848 Albany Ave, Hartford, CT 06112
      View Details
    • Value Estimation
      $425,000
      12,662 SF

      855 Albany Ave, Unit 863

      OFFICE/RESIDENTIAL (MIXED USE) • 12,662 SF
      855 Albany Ave, Hartford, CT 06112-2308
      View Details
    • Value Estimation
      $410,000
      12,691 SF

      214 Westland St

      OFFICE/RESIDENTIAL (MIXED USE) • 12,691 SF
      214 Westland St, Hartford, CT 06112-2010
      View Details
    • Value Estimation
      $145,000
      4,388 SF

      1329-1331 Albany Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,388 SF
      1329-1331 Albany Ave, Hartford, CT 06112
      View Details

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    Similar Nearby for Lease

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      Highly visible commercial space in an active Hartford corridor.
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      Spacious Apartment in Hartford

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    • Contact for pricing

      Retail Pad Sites for Lease

      Retail and commercial pad sites at high-visibility Hartford location.
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    Property Visit Statistics

    • Visits by month
      3.0k
    • Visitors by month
      2.7k
    • Avg Time on site
      16 min
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    551 Albany Ave, Unit 557
    Hartford, CT 06112-2302
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    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
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