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Property profile & analytics
OFF-MARKET
Estimated value
$1,995,000
Showrooms
270 Saugatuck Ave Westport, CT 06880-6431
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US15-0192442
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1938
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,164 SF
Lot
1 ac (43,560 SF)
Zoning code
AA
APN
WPOR M:B04 L:008-000
UPID
US15-0192442
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
-
HRB Brands Industrial Manufacturer Production Facility
-
Apache Design-Build General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.00M
Owner & transaction history
270 Saugatuck LLC · 5 yrs held
270 Saugatuck LLC
since 2020
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
AA · Westport, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
11-8 Floor Area 11-9 Architectural Design 11-10 Signs 11-11 Parking and Loading 11-12 Landscaping, Screening and Buffer Areas 11-13 Open Space Subdivision §11-B (11-2.4.12B AFFORDABLE ACCESSORY APARTMENT) §12 RESIDENCE AA DISTRICT 12-1 Purpose 12-2 Permitted Uses 12-2.1 Special Permit Uses Subject to Special Conditions 12-2.1.1 12-3 Lot Area and Shape 12-4 S…
Zone name
Residential AA
General category
RESIDENTIAL
Zone area
5,038.89 ac
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
$2,015,000
ML approach
$2,110,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.00M
Range $1.80M – $2.19M · ±10% · vs last sale $1.93M (Nov 12 2020)
Last sale anchor
$1.93M
Nov 12 2020
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
$196 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$23,840
Tax year 2023
Assessed value
$1,299,200
Assessed 2023
Previous assessed
$1,299,200
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$189,000
Assessed improvement
$1,110,200
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
Similar Nearby for Lease
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1938
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
5
Total area
10,164 SF
Lot
1 ac (43,560 SF)
Zoning code
AA
APN
WPOR M:B04 L:008-000
UPID
US15-0192442
Jurisdiction
WESTPORT
Zoning & alternative use
AA · Westport, CTZoning AA · permitted uses
AA · Westport, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
11-8 Floor Area 11-9 Architectural Design 11-10 Signs 11-11 Parking and Loading 11-12 Landscaping, Screening and Buffer Areas 11-13 Open Space Subdivision §11-B (11-2.4.12B AFFORDABLE ACCESSORY APARTMENT) §12 RESIDENCE AA DISTRICT 12-1 Purpose 12-2 Permitted Uses 12-2.1 Special Permit Uses Subject to Special Conditions 12-2.1.1 12-3 Lot Area and Shape 12-4 Setbacks 12-5 Height 12-6 Coverage 12-7 Building Area 12-8 Floor Area 12-9 Archite
Zone name
Residential AA
General category
RESIDENTIAL
Zone area
5,038.89 ac
Building & site characteristics
From public records
Year built
1938
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
5
Lot
1 ac
Current owner
From public records · entity-resolved
270 Saugatuck LLC
Entity
Mailing address
15 RIVERSIDE AVE, WESTPORT, CT 06880-4245
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2022
—
270 Saugatuck LLC
—
Deed
related
$2,000,000 · Savings Bank Of Danbury
Nov 12, 2020
$1,925,000
270 Saugatuck LLC
Ohalloran Rlty Co Assoc
Warranty Deed
$1,632,000 · M & T Bank
Nov 10, 2020
$707,000
Martin Gosling
Amit Bhandari
Warranty Deed
—
Jan 9, 2018
—
Aspetuck Land T INC
Ohalloran Realty Co Assoc
Quit Claim Deed
related
—
Dec 12, 2008
—
Ohalloran Realty Co LLC
—
Deed Of Trust
related
$2,500,000 · Peoples Bank
Oct 21, 1998
—
Rlty O'halloran
—
Deed Of Trust
related
$1,800,000 · Peoples Bank
Aug 19, 1998
$1,735,000
Ohalloran Rlty Co
King Ind
Warranty Deed
$1,500,000 · Peoples Bank
Nov 1, 1995
$1,600,000
King Ind
Parrella,michael
Warranty Deed
—
Dec 23, 1992
$1,491,000
Michael Parrella
Eno Transporation Foun
Warranty Deed
$1,350,000 · Zenon Grzybowski
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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