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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Showrooms
772 Farmington Ave, West Hartford, CT 06119-1685
Entity Owned
1-yr Hold
Free & Clear
Property ID
US15-0625186
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1920
Construction
FRAME
Total area
5,643 SF
Lot
0.19 ac (8,215 SF)
Zoning code
BND
APN
WHAR M:G8 B:1891 L:772
UPID
US15-0625186
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
-
Cheers Wine & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Peace With Reiki Alternative Medicine Practice
-
The Laundry Room on the Ave (Bike/Boat/Book/etc) Store
-
Solany Skin & Beauty Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$760k
CAP Approach
CAP
$1.11M
Comparable Approach
Comparable
$559k
Blend (final)
Blend
$875k
Owner & transaction history
Chen 772 Farmington LLC · 1 yrs held
Chen 772 Farmington LLC
since 2025
Last sale
$950,000
4 recorded transactions
Zoning & alternative use
BND · West Hartford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$965,000
+23.3%
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
$840,000
ML approach
$760,000
CAP Approach
CAP Return
Estimation
6%
$1,200,000
6.5%
$1,105,000
7%
$1,030,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$780,000
Current use
RESTAURANT
$965,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$875k
Range $788k – $963k · ±10% · vs last sale $950k (Jan 17 2025)
Last sale anchor
$950k
Jan 17 2025
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
$155 / 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
$17,453
Tax year 2023
Assessed value
$426,510
Assessed 2023
Previous assessed
$426,510
+0.0% YoY
Effective rate
4.09%
On assessed value
Assessed land
$150,150
Assessed improvement
$276,360
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1920
Construction
FRAME
Heating
NONE
Cooling
YES
Buildings
1
Stories
3
Total area
5,643 SF
Lot
0.19 ac (8,215 SF)
Zoning code
BND
APN
WHAR M:G8 B:1891 L:772
UPID
US15-0625186
Jurisdiction
WEST HARTFORD
Zoning & alternative use
BND · West Hartford, CT
Zoning BND · permitted uses
BND · 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
$780,000
RESTAURANT
Est. value
$965,000
COMMERCIAL (GENERAL) Current
RESTAURANT
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
1920
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
3
Buildings
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Chen 772 Farmington LLC
Entity
Free & Clear · 1 yrs held
Mailing address
5 S RDG DR, BLOOMFIELD, CT 06002-5009
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2025
—
Chen 772 Farmington LLC
Berthel Associates LLC
Quitclaim Deed
related
—
Nov 27, 2024
$950,000
Chen 772 Farmington LLC
Snyder T
Deed
$590,000 · Chelsea Groton Bank
Jul 11, 2013
—
Berthel Assoc LLC
—
Deed Of Trust
related
$155,000 · Webster Bank
Sep 16, 2009
$1
Berthel Associates LLC
Berthel Assoc
Grant Deed
related
—
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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