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Property profile & analytics
OFF-MARKET
Retail space
624-626 Wethersfield Ave Hartford, CT 06114
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US15-0244585
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1937
Construction
FRAME
Total area
2,467 SF
Lot
0.23 ac (10,001 SF)
Zoning code
NX-2
APN
HTFD M:276 B:688 L:124
UPID
US15-0244585
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
Ocnarf LLC · 1 yrs held
Ocnarf LLC
since 2025
Last sale
$260,000
3 recorded transactions
Zoning & alternative use
NX-2 · Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$4,807
Tax year 2023
Assessed value
$69,720
Assessed 2023
Previous assessed
$69,720
+0.0% YoY
Effective rate
6.89%
On assessed value
Assessed land
$45,220
Assessed improvement
$24,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1937
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Total area
2,467 SF
Lot
0.23 ac (10,001 SF)
Zoning code
NX-2
APN
HTFD M:276 B:688 L:124
UPID
US15-0244585
Jurisdiction
HARTFORD
Zoning & alternative use
NX-2 · Hartford, CT
Zoning NX-2 · permitted uses
NX-2 · 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.
Building & site characteristics
From public records
Year built
1937
Construction
FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Ocnarf LLC
Entity
Mailing address
93 WYNDING BRK DR, ROCKY HILL, CT 06067-2911
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2025
$260,000
Ocnarf LLC
Wieslawa S Kennedy
Warranty Deed
$210,000 · Wieslawa S Kennedy
Jun 3, 1988
$287,500
Timothy Kennedy
Wethersfield Ave
Grant Deed
$230,000 · High State Investment LP
Oct 5, 1987
$235,000
Wethersfield Ave Assoc
Smith,robert B
Grant Deed
$253,000 · High State Investment LP
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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