Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    276 Lk Ave Greenwich, CT 06830-4518

    • Specialty properties
    • 8,165 SF
    • 11.10 lot acres
    OFF-MARKET
    Value Estimations
    $645,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US15-0315237
    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

    • Field Club of Greenwich / Club

    Property Details for 276 Lk Ave

    Year built
    2022
    Construction
    FRAME
    Lot size
    11.10 lot acres
    Property size
    8,165 SF
    Zone code
    RA-2
    Property type
    Specialty properties
    APN
    GREE M:10 B:1207/S
    APU
    GREEM10B1207S

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $620,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $967,000
      Market price range: $418k - $967k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Greenwich
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.6357
    Latitude
    41.039
    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
    $142,060
    $3,001,670
    $9,206,960
    $12,208,630
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $290,000
      3,240 SF

      530 Putnam Ave

      VETERINARY, ANIMAL HOSPITAL • 3,240 SF
      530 Putnam Ave, Greenwich, CT 06830-4806
      View Details
    • Value Estimation
      $295,000
      3,266 SF

      264 Putnam Ave

      VETERINARY, ANIMAL HOSPITAL • 3,266 SF
      264 Putnam Ave, Greenwich, CT 06830-5242
      View Details
    • Value Estimation
      $335,000
      5,600 SF

      544 Old Post Rd No 3rd 3

      FUNERAL HOME • 5,600 SF
      544 Old Post Rd No 3rd 3, Greenwich, CT 06830-6243
      View Details
    • Value Estimation
      $310,000
      4,988 SF

      132 Hamilton Ave

      FUNERAL HOME • 4,988 SF
      132 Hamilton Ave, Greenwich, CT 06830
      View Details
    • Value Estimation
      $345,000
      5,565 SF

      31 Arch St

      FUNERAL HOME • 5,565 SF
      31 Arch St, Greenwich, CT 06830-6512
      View Details
    • Value Estimation
      $310,000
      0.29 Acres

      180 Putnam Ave

      PARKING LOT • 0.29 Acres
      180 Putnam Ave, Greenwich, CT 06830
      View Details

    Similar Nearby for Sale

    • $1,000,000

      Specialty Property for Sale

      Specialty property available for purchase.
      291 Delavan Ave, Greenwich, CT 06830
      View Details
    • $1,200,000

      Greenwich Specialty Property For Sale

      Specialty property available for purchase in Greenwich, Connecticut.
      131 Henry St, Greenwich, CT 06830
      View Details
    • $9,850,000

      Greenwich Specialty Property For Sale

      Specialty property available for purchase in Greenwich, Connecticut.
      3 Anderson Rd, Greenwich, CT 06830
      View Details
    • $2,350,000

      Greenwich Specialty Property For Sale

      Specialty property available for purchase in Greenwich, Connecticut.
      201 Shore Rd, Greenwich, CT 06830
      View Details
    • $7,699,000

      Lexington Avenue Specialty Property

      Specialty property available for sale on Lexington Avenue.
      48 Lexington Ave, Greenwich, CT 06830
      View Details
    • $6,495,000

      Unique Specialty Property For Sale

      Specialty property available for purchase in Greenwich, Connecticut.
      116 Birch Ln, Greenwich, CT 06830
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Downtown Greenwich Office/Retail Building

      Class A office and retail space in downtown Greenwich.
      200 Greenwich Ave, Greenwich, CT 06830
      View Details
    • Contact for pricing
      182 SF

      Retail Space on Putnam Avenue

      Retail space available on highly-traveled Putnam Avenue.
      393-407 E Putnam Ave, Greenwich, CT 06830
      View Details
    • Contact for pricing
      1,545 SF

      Financial Services Building Near Station

      Boutique office building across from Greenwich Train Station.
      2 Sound View Dr, Greenwich, CT 06830
      View Details
    • $55 SF/Yr
      450 SF

      Greenwich Avenue Retail Opportunity

      Prime retail space in affluent Greenwich, available immediately.
      2 Greenwich Ave, Greenwich, CT 06830
      View Details
    • Contact for pricing
      7,487 SF

      Renovated Office Space Near Greenwich

      Renovated office space near train and Greenwich Avenue.
      28 Havemeyer Pl, Greenwich, CT 06830
      View Details
    • $50 SF/Yr
      1,600 SF

      Retail Space on Putnam Avenue

      Retail space available for lease in Greenwich, Connecticut.
      32-40 W Putnam Ave, Greenwich, CT 06830
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    276 Lk Ave
    Greenwich, CT 06830-4518
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.