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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Retail space
673 Park St 701 Hartford, CT 06106-4613
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US15-0690278
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Construction
FRAME
Total area
14,873 SF
Lot
0.58 ac (25,073 SF)
Zoning code
MS-1
APN
HTFD M:204 B:535 L:171
UPID
US15-0690278
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
-
El Gitano Supermarket Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$961k
Blend (final)
Blend
$725k
Owner & transaction history
Park Street Props · 7 yrs held
Park Street Props
since 2019
7 recorded transactions
Zoning & alternative use
MS-1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$725k
Range $653k – $798k · ±10%
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
$49 / 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
$28,416
Tax year 2023
Assessed value
$392,210
Assessed 2023
Previous assessed
$392,210
+0.0% YoY
Effective rate
7.25%
On assessed value
Assessed land
$70,140
Assessed improvement
$322,070
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
1940
Construction
FRAME
Heating
SPACE
Buildings
1
Stories
1
Total area
14,873 SF
Lot
0.58 ac (25,073 SF)
Zoning code
MS-1
APN
HTFD M:204 B:535 L:171
UPID
US15-0690278
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.
Building & site characteristics
From public records
Year built
1940
Construction
FRAME
Heating
SPACE
Stories
1
Buildings
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Park Street Props
Individual
Mailing address
3 MULS HL DR, FARMINGTON, CT 06032-1638
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2019
—
Park Street Props
Lopez,elisa M
Quit Claim Deed
related
—
Aug 26, 2011
$1
Elisa M Lopez
Park Street Props LLC
Grant Deed
related
—
Dec 17, 2010
—
Park Street Props LLC
—
Deed Of Trust
related
$350,000 · Newalliance Bank
Oct 13, 2010
$1
Park Street Props LLC
Lopez,elisa
Grant Deed
related
—
Oct 23, 2008
$1
Eilsa Lopez
Park Street Properties
Grant Deed
related
—
Oct 25, 2001
—
Carlos Lopez
—
Deed Of Trust
related
$500,000 · Savings Bank Of Manchester
Nov 18, 1992
—
Carlos Lopez
—
Deed Of Trust
related
$300,000 · Ct Development Auth
Feb 25, 1992
—
Carlos M Lopez
—
Deed Of Trust
related
$514,000 · Mechanics Svgs Bk
Nov 25, 1991
—
Carlos M Lopez
—
Deed Of Trust
related
$65,000 · Zwi Kohorn
—
—
Elisa M Lopez
—
Deed Of Trust
related
$142,000 · Spanish American Merc
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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