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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Showrooms
68 Main St, West Hartford, CT 06107-2445
Individually Owned
33-yr Hold
~
Est. High Equity
Property ID
US15-0643052
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1962
Construction
STEEL FRAME
Total area
10,525 SF
Lot
0.95 ac (41,251 SF)
Zoning code
BO
APN
WHAR M:F10 B:5095 L:68
UPID
US15-0643052
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
-
Miracle League of CT Social Service Agency
-
Christine P. Gaudio, LCSW Foster Care Service Social Service Agency
-
Black James MD Physician
-
Clinical Associates Greater Medical Clinic
-
History on Paper (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$714k
Blend (final)
Blend
$580k
Owner & transaction history
Eight South Main Sixty · 33 yrs held
Eight South Main Sixty
since 1993
3 recorded transactions
Zoning & alternative use
BO · West Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$945,000
+2.4%
Apartment house (5+ units)
$920,000
+0.0%
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 West Hartford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$920,000
Current use
AUTO REPAIR, GARAGE
$945,000
Change: +2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$920,000
Change: +0% · Conversion: Moderate
OFFICE BUILDING
$790,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$55 / 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
$53,000
Tax year 2023
Assessed value
$1,295,210
Assessed 2023
Previous assessed
$1,295,210
+0.0% YoY
Effective rate
4.09%
On assessed value
Assessed land
$763,070
Assessed improvement
$532,140
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1962
Construction
STEEL FRAME
Heating
STEAM
Cooling
YES
Buildings
1
Stories
2
Total area
10,525 SF
Lot
0.95 ac (41,251 SF)
Zoning code
BO
APN
WHAR M:F10 B:5095 L:68
UPID
US15-0643052
Jurisdiction
WEST HARTFORD
Zoning & alternative use
BO · West Hartford, CT
Zoning BO · permitted uses
BO · West Hartford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Hartford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$920,000
AUTO REPAIR, GARAGE
Est. value
$945,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$920,000
OFFICE BUILDING
Est. value
$790,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1962
Construction
STEEL FRAME
Heating
STEAM
Cooling
Yes
Stories
2
Buildings
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
Eight South Main Sixty
Individual
Mailing address
68 S MAIN ST, WEST HARTFORD, CT 06107-2445
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1993
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 18, 2014
—
68 South Main Street LLC
—
Deed Of Trust
related
$450,000 · Thomas A Ricchi
Apr 21, 1993
—
68 South Main St. LP
—
Deed Of Trust
related
$35,000 · Judith Discenza
Apr 16, 1993
$510,000
Eight South Main Sixty
Springfield Institutio
Grant Deed
$300,000 · Lynne Franklin
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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