Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1431 Post Rd E Westport, CT 06880

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $10,000,000

    1.74-acre commercial land with flexible zoning and high visibility.

    Lot size:
    1.74 Acres

    Property Features for 1431 Post Rd E

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    1.74 Acres

    Building Details

    Year built
    1965

    We can help!

    Listing Contact
    Ralph Lewis
    Ralph Lewis
    Source: Elliman

    Listing Agency: Coldwell Banker Realty Listing Agent: Ralph Lewis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Prime Westport Commercial Development Opportunity

    This 1.74-acre commercial development opportunity is located in the Post Road corridor of Westport. Zoned GBD/A, the site allows for a range of uses, including retail, medical office, multifamily, or mixed-use developments. The property features over 200 feet of frontage on Post Road East and immediate access to I-95, offering visibility and connectivity in Fairfield County. The location is adjacent to Balducci's and benefits from co-tenancy and high daily traffic. The site is surrounded by national retailers, boutique shops, and local businesses, making it suitable for retail, medical, or residential redevelopment. The flat, developable land has GBD/A zoning, allowing for commercial and residential uses. It is located minutes from I-95 and Metro-North. This location is suited for a signature retail presence, a medical facility, or a multifamily concept.
    Location Intelligence

    Current Use by Public Records

    Izzo & Son Country ... Garden Center Izzo and Son Country ... Garden Center Bar Lupa Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westport
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.3148713
    Latitude
    41.1392146

    Nearby Similar for Sale

    • $872,000
      0.38 Acres

      Westport Land with Accessory Apartment

      Single-family with legal accessory apartment near town and shopping.
      489 Main St, Westport, CT 06880
      View Details
    • $1,750,000

      Historic Office Property in Westport

      Historic office building in downtown Westport with parking.
      61 Jesup Rd, Westport, CT 06880
      View Details
    • $8,975,000

      Restored Building on 2.065 Acres

      Restored Williamsburg-style building suitable for medical, retail, or residential use.
      215 Post Rd W, Westport, CT 06880
      View Details
    • $10,000,000

      Post Road East Opportunity

      Commercial property available on Post Road East.
      1431 Post Rd E, Westport, CT 06880
      View Details
    • $5,980,000

      Westport Specialty Property For Sale

      Specialty property available in Westport, Connecticut.
      21 Sturges Cmns, Westport, CT 06880
      View Details
    • $6,785,000

      Westport School Property For Sale

      School property available for purchase in Westport, Connecticut.
      14 Burr School Rd, Westport, CT 06880
      View Details
    • $1,899,000
      Pending

      Specialty Property For Sale

      Specialty property available for purchase.
      24 Warnock Dr, Westport, CT 06880
      View Details
    • $4,299,000

      Westport Specialty Property For Sale

      Specialty property available for purchase in Westport, Connecticut.
      5 Franklin Ave, Westport, CT 06880
      View Details
    • $4,899,000

      Westport Specialty Property For Sale

      Specialty property available for purchase in Westport, Connecticut.
      10 Tierney Ln, Westport, CT 06880
      View Details
    • $3,785,000

      Westport Specialty Property For Sale

      Specialty property available for purchase in Westport, Connecticut.
      3 Laurel Ln, Westport, CT 06880
      View Details
    • $3,950,000
      Pending

      Roseville Road Specialty Property

      Specialty property available for sale.
      116 Roseville Rd, Westport, CT 06880
      View Details
    • $1,850,000
      4,196 SF

      Historic Saugatuck Mixed-Use Property

      Transformative site in historic Saugatuck, near train, I-95.
      31 Franklin St, Westport, CT 06880
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.74-acre commercial land with flexible zoning and high visibility.
    Where is this commercial land located?
    The property is located at 1431 Post Rd E Westport, CT.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: - 1.74-acre developable site in Westport's Post Road corridor.; - GBD/A zoning allows for retail, medical, multifamily, or mixed-use development.; - Direct Post Road frontage (over 200 feet) provides high visibility.
    (203) 610-9670
    Request Owner's contact information
    1431 Post Rd E Westport, CT 06880
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1431 Post Rd E
    Westport, CT 06880
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1431 Post Rd E Westport, CT 06880
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ralph Lewis
    Ralph Lewis
    Real Estate License ID: RES.0794961
    (203) 610-9670 (203) 878-7424
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!