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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3 Treadwell Ave Westport, CT 06880-4726

    • Investment properties
    • 0.30 lot acres
    OFF-MARKET
    Value Estimations
    $320,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US15-0286063
    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

    • Investment properties

    Property Details for 3 Treadwell Ave

    Lot size
    0.30 lot acres
    Zone code
    RORD2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    WPOR M:B06 L:050-000
    APU
    WPORMB06L050000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $320,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Westport
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.3726
    Latitude
    41.1246
    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
    $10,474
    $395,500
    $175,300
    $570,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $405,000
      1.66 Acres

      7 Sylvan Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 1.66 Acres
      7 Sylvan Ln, Westport, CT 06880-4612
      View Details
    • Value Estimation
      $625,000
      39.00 Acres

      174 Long Lots Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 39.00 Acres
      174 Long Lots Rd, Westport, CT 06880-4016
      View Details
    • Value Estimation
      $495,000
      5.84 Acres

      19 Newtown Tpke

      OFFICE/RESIDENTIAL (MIXED USE) • 5.84 Acres
      19 Newtown Tpke, Westport, CT 06880-1802
      View Details
    • Value Estimation
      $605,000
      32.37 Acres

      14 Allen Raymond Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 32.37 Acres
      14 Allen Raymond Ln, Westport, CT 06880-1918
      View Details
    • Value Estimation
      $445,000
      3.43 Acres

      290 Wilton Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3.43 Acres
      290 Wilton Rd, Westport, CT 06880
      View Details
    • Value Estimation
      $300,000
      0.20 Acres

      44 Church Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 0.20 Acres
      44 Church Ln, Westport, CT 06880-3505
      View Details

    Similar Nearby for Sale

    • $600,000
      1,386 SF

      Renovated Condo in Birchwood Complex

      Renovated 3-bedroom condo with lease in place until May 2026.
      52 Hills Ln, Westport, CT 06880
      View Details
    • Contact for pricing
      858 SF

      Westport Main Street Retail Space

      Prime Retail, High Traffic Location
      135 Main St, Westport, CT 06880
      View Details
    • $1,725,000
      6,000 SF

      Westport Office Building For Sale

      Prime Westport office, 6,000 sq ft, ample parking.
      164 Kings Hwy, Westport, CT 06880
      View Details
    • $1,825,000

      Luxury Condo with Den

      One-bedroom plus den condo with high-end amenities.
      41 Richmondville Ave, Westport, CT 06880
      View Details
    • $1,825,000
      1,300 SF

      Vintage Modern 1 Bed+Den Residence

      Third-floor unit with high-end finishes and extensive amenities.
      41 Richmondville Ave, Westport, CT 06880
      View Details
    • $4,899,000

      Westport Specialty Property For Sale

      Specialty property available for purchase in Westport, Connecticut.
      10 Tierney Ln, Westport, CT 06880
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,379 SF

      Downtown Westport Mixed-Use Retail Space

      Retail space in a historically significant mixed-use development.
      59 Post Rd E, Westport, CT 06880
      View Details
    • $30 SF/Yr
      6,000 SF

      Westport Medical Office Space

      Prime Westport location, 4,000 SF available
      164 Kings Hwy, Westport, CT 06880
      View Details
    • $22 SF/Yr
      13,101 SF

      Westport Executive Office Suites

      Upscale Westport office space, flexible options.
      8 Wright St, Westport, CT 06880
      View Details
    • $3,300 /Mo

      Renovated Apartment Near Downtown

      Renovated two-bedroom apartment near downtown and Saugatuck River.
      115 Wilton Rd, Westport, CT 06880
      View Details
    • Contact for pricing
      1,620 SF

      Premium Office Space For Rent

      Professional office space with easy access to upscale amenities.
      830 Post Rd E, Westport, CT 06880
      View Details
    • Contact for pricing
      3,600 SF

      Westport Office Space Available

      3,600 SF office space for rent in Westport, CT.
      7 E Main St, Westport, CT 06880
      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.
    3 Treadwell Ave
    Westport, CT 06880-4726
    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.