Financial
Distress signals
Property profile

38 Franklin St Westport, CT 06880

OFF-MARKET
Showrooms
Property ID
US15-0412856
4,348 SF 0.27 ac lot Built 1990
Last sale Sep 2023 · $1,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Second-floor office space configured to support office use, with high ceilings and substantial natural light. The property is situated within the RORD2 zoning district and provides ample, easily accessible on-site parking. The location offers convenient access to I-95 and is within walking distance of the Westport Train Station, with nearby shops and restaurants.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$695k
Assessed land$383k
Assessed improvement$312k
Effective rate1.84%

Value estimate

· Sep 2026
$1.33M
$1.19M – $1.46M
AI approach$1.35M
Submarket $/SF estimate$1.57M

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$447/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$361 – $606
Qualifying comparables18

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RORD2
Permitted Uses 22-2.1 Principal Uses 22-2.1.1 22-2.2 Special Permit Uses 22-2.3 Accessory Uses 22-2.4 Prohibited Uses 22-2.5 Mixed Use Re...
General categoryCOMMERCIAL
JurisdictionWESTPORT

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.2
Parking Facility8.7
Veterinary Clinic8.3

Location

38 Franklin St Westport, CT 06880-5904
County assessor Recorded deeds · 2 transfers 18 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
965 Post E, Westport, CT 06880-5358 $1,555,000 Mar 2025 4,480 SF
65 Jesup, Westport, CT 06880-4312 $1,425,000 Dec 2024 3,480 SF
6 Maple S, Westport, CT 06880-5623 $1,400,000 May 2024 3,696 SF
251 Main, Westport, CT 06880-2401 $1,850,000 Aug 2023 5,329 SF
1869 Post E, Westport, CT 06880-5679 $2,200,000 Nov 2022 5,695 SF
9 Hiawatha, Westport, CT 06880-5810 $1,500,000 Sep 2022 3,576 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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