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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Office Spaces
222 Riverside Ave Westport, CT 06880-4622
Entity Owned
1-yr Hold
Free & Clear
Property ID
US15-0138646
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2006
Construction
FRAME
Total area
2,802 SF
Lot
0.15 ac (6,534 SF)
Zoning code
RORD3
APN
WPOR M:C08 L:031-000
UPID
US15-0138646
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
Current use
Occupant on record · Public records
-
Conlon & McGlynn, LLC Law Firm Child Welfare Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$721k
Blend (final)
Blend
$1.03M
Owner & transaction history
Riverside Avenue Prop LLC · 1 yrs held
Riverside Avenue Prop LLC
since 2025
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
RORD3 · Westport, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+156.0%
Auto repair, garage
$655,000
+33.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Westport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westport submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,000,000
ML approach
$1,020,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,250,000
Change: +156% · Conversion: Easy
AUTO REPAIR, GARAGE
$655,000
Change: +34% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10% · vs last sale $1.38M (Apr 17 2025)
Last sale anchor
$1.38M
Apr 17 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$366 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$13,544
Tax year 2024
Assessed value
$727,400
Assessed 2024
Previous assessed
$727,400
+0.0% YoY
Effective rate
1.86%
On assessed value
Assessed improvement
$727,400
Applied tax rate
138.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Total area
2,802 SF
Lot
0.15 ac (6,534 SF)
Zoning code
RORD3
APN
WPOR M:C08 L:031-000
UPID
US15-0138646
Jurisdiction
WESTPORT
Zoning & alternative use
RORD3 · Westport, CT
Zoning RORD3 · permitted uses
RORD3 · Westport, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$655,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Riverside Avenue Prop LLC
Entity
Free & Clear · 1 yrs held
Mailing address
222 RIVERSIDE AVE, WESTPORT, CT 06880-4622
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2025
$1,375,000
Riverside Avenue Prop LLC
222 Riverside Avenue LLC
Warranty Deed
—
Dec 21, 2023
$1,375,000
Riverside Avenue Prop LLC
222 Riverside Avenue LLC
Warranty Deed
—
Jan 6, 2014
—
Kelly M Burgeson
Gettier,jacob A & Alexis S
Warranty Deed
—
Jun 6, 2006
$770,000
Richard A Senftleben
Div Riverside Venture
Warranty Deed
$500,000 · Darien Financial Svcs
Mar 20, 2006
$835,000
Chari B Polley
Div Riverside Venture LLC
Warranty Deed
—
Mar 8, 2006
$775,000
Roozbeh Akhundzadeh
Div Riverside Venture LLC
Warranty Deed
$620,000 · Washington Mutual Bank
Mar 6, 2006
$775,000
Linda W Finnie
Div Riverside Venture LLC
Warranty Deed
$620,000 · Washington Mutual Bank
Mar 6, 2006
$766,000
Lynne M Monahan
Div Riverside Venture LLC
Warranty Deed
$500,000 · Wells Fargo Mortgage
Feb 21, 2006
$599,000
Ellen Kramer
Div Riverside Venture LLC
Warranty Deed
$479,200 · Wells Fargo Mortgage
Feb 13, 2006
$735,000
Frank A Cuttita
Div Riverside Venture LLC
Warranty Deed
$595,000 · Peoples Bank
Feb 13, 2006
$525,000
Marilyn M Duane
Div Riverside Venture LLC
Warranty Deed
$300,000 · Wells Fargo Mortgage
Feb 10, 2006
$570,000
Josephine Calcagni
Div Riverside Venture LLC
Warranty Deed
$570,000 · Washington Mutual Bank
Feb 7, 2006
$575,000
Patricia A Kondub
Div Riverside Venture LLC
Warranty Deed
$517,500 · Amerihome Mortgage Co LLC
Feb 1, 2006
$555,750
Jenny Besch
Div Riverside Venture LLC
Warranty Deed
$427,500 · Washington Mutual Bank
Jan 31, 2006
$1,306,420
222 Riverside Ave LLC
Div Riverside Venture LLC
Warranty Deed
$1,110,457 · G E Capital Corp
Nov 23, 2004
—
Div Riverside Venture LLC
—
Deed Of Trust
related
$6,255,965 · Fleet National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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