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Financial
Distress signals
Property profile

585 Franklin Ave Hartford, CT 06114

OFF-MARKET
Auto shops
Property ID
US15-0114134
2,808 SF 0.23 ac lot Built 1950
Last sale Nov 2010 · $170,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an automotive facility comprising four service bays and associated customer/administrative space, including an office, sitting area, and bathroom, as well as a vehicle lift. The site also includes an outdoor car lot configured to support automotive operations such as vehicle repair, vehicle sales, and towing. Site improvements have included or are undergoing interior and exterior paint, exterior paving work, and new flooring. The property is located at 585 Franklin Avenue in…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$158k
Assessed land$42k
Assessed improvement$116k
Effective rate6.90%

Value estimate

· Oct 2026
$275k
$248k – $303k
AI approach$275k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$90/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$79 – $114
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
NX-2
The NX-2 district is intended for neighborhood areas with a wide mix of building forms, including Apartment Buildings, Stacked Flats, and...
General categoryUNKNOWN
JurisdictionHARTFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.2
Pawn Shop10.5
Computer & Electronic Repair10.1

Location

585 Franklin Ave Hartford, CT 06114-3026
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
357 Ledyard, Hartford, CT 06114 $400,000 Feb 2025 3,060 SF
631 Wethersfield, Hartford, CT 06114-1927 $300,000 Nov 2024 3,076 SF
511-513 Franklin, Hartford, CT 06114 $170,000 Aug 2023 2,261 SF
147 Franklin, Hartford, CT 06114-1333 $100,000 Nov 2022 2,295 SF
606 Franklin, Hartford, CT 06114-3028 $320,000 Dec 2021 3,591 SF
446 Franklin, Hartford, CT 06114-2524 $160,000 Oct 2020 1,749 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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