Financial
Distress signals
Property profile

575 State Rd Westport, MA 02790

FOR SALE
Other automotive properties
Property ID
US38-1901290
1,134 SF 2.3 ac lot Built 1950
Last sale Sep 2024 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 2.3-acre commercial site featuring a finished parking area and a well-maintained two-bay garage with a pitless configuration, suited for automotive and other multi-vehicle activities. Improvements are established for practical, day-to-day operation, and the lot size provides flexibility for potential site reconfiguration or expansion, subject to applicable approvals. The site is located on busy State Route 6, providing roadside frontage and positioning that supports customer

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$275k
Assessed land$223k
Assessed improvement$52k
Effective rate0.77%

Value estimate

· Sep 2026
$300k
$270k – $330k
AI approach$300k
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$748
Operating expenses−$10k
NOI · 3.89% cap applied$23k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$178/SF
County average, outlier-cleaned · 160 recorded sales of this use type
Observed band · Q1–Q3$98 – $265

Cap rate analysis

How does the asset earn?
3.89%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R1
JurisdictionWESTPORT

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.7
Restaurant12.8
Wholesale Shop11.8

Location

575 State Rd Westport, MA 02790
County assessor Recorded deeds · 12 transfers Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
431 Main, Westport, MA 02790-4312 $150,000 Oct 2024 1,152 SF
222 State, Westport, MA 02790 $450,000 Jun 2023 500 SF
735 State, Westport, MA 02790-2830 $275,000 Jun 2023 1,260 SF
935 State, Westport, MA 02790-2413 $300,000 Aug 2022 952 SF
1 Kirby, Westport, MA 02790-4307 $390,000 Mar 2022 2,400 SF
983 State, Westport, MA 02790-2412 $500,000 Feb 2022 2,700 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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