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    8 Wright St Westport, CT 06880

    • Commercial real estate
    • 3.43 lot acres
    For Lease
    View listing
    $22 SF/Yr
    Value Estimation
    Last Sale
    Mar 11, 2024
    Location Intelligence
    Property ID
    US15-0691411
    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

    • Fractal Architects / Architect
    • Richard H. Raphael, Attorney at Law / Personal Injury Attorney / Trial Attorney
    • Lerner, Guarino & Foodman LLC / Attorney
    • Law Offices of Joseph S. Hubicki / Divorce Lawyer / Personal Injury Attorney
    • Berkowitz Trager & Trager LLC / Attorney

    Property Details for 8 Wright St

    Lot size
    3.43 lot acres
    Zone code
    GBD_AA
    Property type
    Commercial real estate
    APN
    WPOR M:C09 L:038-000
    APU
    WPORMC09L038000

    Description

    This Class A, 13,101 square foot office building at 8 Wright Street, Westport, CT 06880, offers a variety of flexible workspace solutions. Located in Fairfield County, this property boasts 350 suites, with 5,970 square feet currently vacant. The building underwent renovations in 2019 and features amenities such as elevators. Spaces range from 10 square feet minimum to a maximum contiguous space of 1,300 square feet, catering to businesses of all sizes. The building offers executive office suites, coworking spaces, and creative office options, perfect for professionals seeking a modern and stylish workspace. Enjoy a relaxing location overlooking the Saugatuck River, with easy access to major highways and a train station providing convenient access to New York City. The property's convenient location is near waterfront cafes and is situated in a dynamic area known for financial services and corporate headquarters. On-site amenities include a landscaped courtyard, ideal for breaks or client meetings. Fully furnished and equipped private offices are available, tailored to individual business needs, ranging from serviced offices to custom spaces and day offices. A benefits program with exclusive discounts and procurement support is also offered.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westport
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.3656
    Latitude
    41.1408
    CBSA code
    14860
    CBSA name
    BRIDGEPORT-STAMFORD-NORWALK, 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
    $331,014
    $3,371,000
    $14,667,900
    $18,038,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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    • Value Estimation by Request
      13,581 SF

      225 Main St

      SHOW ROOM, WAREHOUSE • 13,581 SF
      225 Main St, Westport, CT 06880-3216
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      Upscale Westport office space, flexible options.
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    8 Wright St
    Westport, CT 06880
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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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