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    Property profile & analytics

    861 Farmington Ave Berlin, CT 06037-2216

    • Retail properties
    • 2,532 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    Jul 30, 2020
    $280,000
    Location Intelligence
    Property ID
    US15-0072859
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Silk Waxing Spa / Hair Removal Service

    Property Details for 861 Farmington Ave

    Year built
    1934
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.20 lot acres
    Property size
    2,532 SF
    Zone code
    CCD-2
    Property type
    Retail properties
    APN
    BERL M:9-1 B:76 L:79 U:7752
    APU
    BERLM91B76L79U7752

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $300,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $320,000
      Geo Method
      $305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $315,000
      Mixed-Use
      $310,000
      Hospitality
      $305,000
      Educational
      $300,000
      Residential Income
      $285,000
      Energy
      $305,000
      Income-Based Land
      $330,000
      Food Service
      $270,000

    Location Insight

    • Map
    • Local Demand
    City
    Berlin
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7652
    Latitude
    41.6343
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,382
    $71,900
    $144,000
    $215,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      13,470 SF

      980 Farmington Ave

      DEPARTMENT STORE • 13,470 SF
      980 Farmington Ave, Berlin, CT 06037-2219
      View Details
    • Value Estimation
      $410,000
      2,876 SF

      1801 Berlin Tpke

      DEPARTMENT STORE • 2,876 SF
      1801 Berlin Tpke, Berlin, CT 06037-3615
      View Details
    • Value Estimation
      $205,000
      844 SF

      750 Berlin Tpke

      DEPARTMENT STORE • 844 SF
      750 Berlin Tpke, Berlin, CT 06037-2442
      View Details
    • Value Estimation
      $390,000
      6,000 SF

      2280 Berlin Tpke

      DEPARTMENT STORE • 6,000 SF
      2280 Berlin Tpke, Berlin, CT 06037-4021
      View Details
    • Value Estimation
      $370,000
      3,500 SF

      883 Farmington Ave

      DEPARTMENT STORE • 3,500 SF
      883 Farmington Ave, Berlin, CT 06037-2216
      View Details
    • Value Estimation
      $325,000
      3,804 SF

      1034 Farmington Ave

      DEPARTMENT STORE • 3,804 SF
      1034 Farmington Ave, Berlin, CT 06037-2247
      View Details

    Similar Nearby for Sale

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      Turn-key retail investment property, 100% leased with long-term tenants.
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      Retail property for sale on Farmington Avenue, Berlin, CT.
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      30,120 SF Two Office Buildings on 1.87 AC
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    • Contact for pricing

      Land Available on Berlin Turnpike

      Two lots available on Berlin Turnpike with high visibility.
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    Similar Nearby for Lease

    • $8 SF/Yr
      17,928 SF

      Retail Property in Berlin, CT

      Two-story retail property with ample parking and high traffic volume.
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    • Contact for pricing
      23,126 SF

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      High-traffic retail space in prime Berlin location.
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    • Contact for pricing
      7,000 SF

      Endcap Retail Space Available

      7,000 SF endcap retail space, dividable to 1,500 SF.
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    • Contact for pricing
      2,200 SF

      Retail Space in Strip Center

      Retail space available in neighborhood strip center with anchor tenant.
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    • Contact for pricing
      23,126 SF

      Prime Retail Space in Berlin

      Versatile retail space in Berlin's retail hub with ample parking.
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      View Details
    • $9 SF/Yr
      3,750 SF

      Flex Space with Retail/Warehouse

      3,750 SF flex space with retail and warehouse components.
      2590 Berlin Tpke, Berlin, CT 06037
      View Details
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    861 Farmington Ave
    Berlin, CT 06037-2216
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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