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Financial
Distress signals
Property profile

609 Farmington Ave Hartford, CT 06105

FOR LEASE
Office buildings
Property ID
US15-0318814
14,688 SF 0.46 ac lot Built 1960
Last sale Apr 2026 · $250,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A second-floor professional office suite in Hartford’s West End configured for flexible office use. The suite includes 6+ private offices, with individual office room sizes described as approximately 130–340 sq. ft., along with shared restrooms and a small break room area. The building provides off-street parking for tenants and visitors. The space is positioned for convenient access to downtown Hartford and West Hartford and offers easy access to major highways; the surrounding area has a…

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?
$28k
Tax billed · 2023
Assessed value$403k
Assessed land$113k
Assessed improvement$289k
Effective rate6.89%

Value estimate

· Oct 2026
$670k
$603k – $737k
AI approach$720k
Submarket $/SF estimate$652k
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$6k
Operating expenses−$5k
NOI · 96,943.75% cap applied$16k

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

Recently sold

What actually traded nearby?
$75/SF
Submarket average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$44 – $119
Qualifying comparables3

Cap rate analysis

How does the asset earn?
96,943.75%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MX-1
The MX-1 district is a lower intensity district intended to be compatible with adjacent historic neighborhoods
General categorySPECIAL
JurisdictionHARTFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.8
Electrical Service11.0
Tech Support Center10.2

Location

609 Farmington Ave Hartford, CT 06105
County assessor Recorded deeds · 6 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
621 Farmington, Hartford, CT 06105-2903 $700,000 Feb 2024 23,064 SF
645 Farmington, Hartford, CT 06105-2907 $890,000 Dec 2023 15,300 SF
90 Gillett, Hartford, CT 06105-2629 $315,000 Sep 2022 5,005 SF
664 Farmington, Hartford, CT 06105-2906 $625,000 Nov 2021 6,089 SF
641 Farmington, Hartford, CT 06105-2949 $452,000 Sep 2021 14,181 SF
74 Frst, Hartford, CT 06105-3204 $260,000 Apr 2020 5,272 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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