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Property profile & analytics
OFF-MARKET
Commercial land

1223 Boston Post Rd Westbrook, CT 06498

1.17 ac lot Built 1998
Entity Owned 6-yr Hold Free & Clear
Property ID
US15-0196288
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1998
Lot 1.17 ac (50,965 SF)
Zoning code CTC
APN WBRO M:176 L:004
UPID US15-0196288
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lagace & Sons INC · 6 yrs held
Lagace & Sons INC
since 2020
Last sale
$235,000
2 recorded transactions
2020
$235,000
2008
$7.0M
Zoning & alternative use
CTC · Westbrook, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

• CTC Commercial Town Center District • NCD Neighborhood Commercial District • TIC Turnpike Interchange Commercial District • CB Commercial Boating District • RD Resort District • LI Light Industrial District • ID Industrial District A. PURPOSES 1. Commercial Town Center (CTC) District - The purpose of the Commercial Town Center (CTC) District is to maintain…

Zone name Commercial Town Center District
General category COMMERCIAL
Zone area 57.19 ac
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