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Property profile & analytics
FOR SALE
Investment properties
554 Wethersfield Ave Hartford, CT 06114
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US15-0724592
For Sale
1 / 8
$800,000
554 Wethersfield Ave, Hartford, CT 06114
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1975
Construction
FRAME
Total area
14,073 SF
Lot
1.11 ac (48,295 SF)
Zoning code
MS-1
APN
HTFD M:275 B:688 L:078
UPID
US15-0724592
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
-
Club Discount Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Pentecostal Church El Rapto Church
-
Maranatha Christian Center Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$935k
Blend (final)
Blend
$800k
Owner & transaction history
88 Wethersfield Ave LLC · 2 yrs held
88 Wethersfield Ave LLC
since 2024
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
MS-1 · Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+22.8%
Office building
$1.1M
+3.0%
Apartment house (5+ units)
$1.0M
+1.5%
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
Method
Estimation
Statistic approach
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,025,000
Current use
AUTO REPAIR, GARAGE
$1,260,000
Change: +23% · Conversion: Difficult
OFFICE BUILDING
$1,055,000
Change: +3% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,040,000
Change: +2% · Conversion: Moderate
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Feb 29 2024)
Last sale anchor
$800k
Feb 29 2024
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
$57 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$30,349
Tax year 2023
Assessed value
$440,160
Assessed 2023
Previous assessed
$440,160
+0.0% YoY
Effective rate
6.89%
On assessed value
Assessed land
$218,400
Assessed improvement
$221,760
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1975
Construction
FRAME
Heating
STEAM
Cooling
YES
Buildings
1
Stories
2
Units
5
Rooms
21
Total area
14,073 SF
Lot
1.11 ac (48,295 SF)
Zoning code
MS-1
APN
HTFD M:275 B:688 L:078
UPID
US15-0724592
Jurisdiction
HARTFORD
Zoning & alternative use
MS-1 · Hartford, CT
Zoning MS-1 · permitted uses
MS-1 · Hartford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hartford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1975
Construction
FRAME
Heating
STEAM
Cooling
Yes
Stories
2
Buildings
1
Units
5
Rooms
21
Lot
1.11 ac
Current owner
From public records · entity-resolved
88 Wethersfield Ave LLC
Entity
Mailing address
554 WETHERSFIELD AVE, HARTFORD, CT 06114-1960
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2026
—
888 Wethersfield Avnuee
—
Deed
related
$1 · Hartford Cmnty Ln Fund
Mar 9, 2026
—
888 Wethersfield Ave LLC
—
Deed
related
$620,000 · Scanner 2 Assoc LLC
Feb 29, 2024
$800,000
88 Wethersfield Ave LLC
Ct Farmington Estate LLC
Warranty Deed
$420,000 · Sterling Cap Funding
Feb 16, 2023
—
Ct Farmington Estates LLC
—
Deed
related
$1,000,000 · Hkj Re Fund LP
Sep 7, 2022
$59,269,640
Ct Evergreen Apt LLC
963 Capitol Avenue LLC
Warranty Deed
—
Jun 26, 2014
$1,156,000
554 Farmington LLC
Farmington Realty Holding
Quit Claim Deed
—
Apr 29, 2014
—
Farmington Realty Holding
Hartford Realty Holding
Quit Claim Deed
related
—
Apr 18, 2013
—
Marks Group LLC
—
Deed Of Trust
related
$294,536 · Ct Natural Gas Corp
Apr 29, 2005
—
Kasy Apts LLC
—
Deed Of Trust
related
$624,000 · Astoria Federal Mortgage Corp
Jun 3, 2003
$350,000
Kary Apartments LLC
Heartwood 16 LLC
Grant Deed
—
May 23, 2003
—
Heartwood Lb LLC
Santangelo,salvatore
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
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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