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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Office Spaces
302 Vlg Way, Westport, MA 02790-4386
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US38-1679767
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1993
Construction
FRAME
Total area
2,482 SF
Zoning code
R1
APN
WPOR M:77 L:28B-7-10
UPID
US38-1679767
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
$670k
Comparable Approach
Comparable
$470k
Blend (final)
Blend
$530k
Owner & transaction history
Little Compton Hldgs LLC · 20 yrs held
Little Compton Hldgs LLC
since 2006
7 recorded transactions
Zoning & alternative use
R1 · Westport, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$440,000
+16.5%
Retail stores
$405,000
+7.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$725,000
6.5%
$670,000
7%
$620,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$380,000
Current use
AUTO REPAIR, GARAGE
$440,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$405,000
Change: +7% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$380,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$370,000
Change: -2% · Conversion: Easy
WAREHOUSE, STORAGE
$330,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±10%
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
$214 / 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
$3,673
Tax year 2024
Assessed value
$475,100
Assessed 2024
Previous assessed
$475,100
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed improvement
$475,100
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
1993
Construction
FRAME
Heating
NONE
Buildings
1
Total area
2,482 SF
Zoning code
R1
APN
WPOR M:77 L:28B-7-10
UPID
US38-1679767
Jurisdiction
WESTPORT
Zoning & alternative use
R1 · Westport, MA
Zoning R1 · permitted uses
R1 · Westport, MA
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
OFFICE BUILDING Current
Est. value
$380,000
AUTO REPAIR, GARAGE
Est. value
$440,000
RETAIL STORES
Est. value
$405,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$380,000
COMMERCIAL (GENERAL)
Est. value
$370,000
WAREHOUSE, STORAGE
Est. value
$330,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1993
Construction
FRAME
Heating
NONE
Buildings
1
Current owner
From public records · entity-resolved
Little Compton Hldgs LLC
Entity
Mailing address
198 AIRPORT RD, FALL RIVER, MA 02720-4770
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2020
—
Little Compton Hldg LLC
—
Deed
related
$500,000 · Bank Of Rhode Island
Dec 9, 2016
—
Little Compton Holding
—
Deed
related
$298,000 · Bank Rhode Island
Jun 8, 2006
$1
Little Compton Hldgs LLC
Ahearn T
Grant Deed
—
Jun 8, 2006
—
Little Compton Hldng LLC
—
Grant Deed
related
$180,000 · Fall River Five Cents
Jan 11, 2006
$349,000
A Cheetham T Eileen
Trudelle,randall E
Grant Deed
—
Aug 25, 2004
$1
Little Compton Hldgs LLC
Central Village Condo T
Grant Deed
related
—
—
—
Little Compton Hldg LLC
—
Deed Of Trust
related
$500,000 · Bank Of Rhode Island
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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