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Property profile & analytics
OFF-MARKET
Estimated value
$1,365,000
Showrooms
375 Post W Rd Westport, CT 06880-4741
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US15-0901878
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1970
Construction
FRAME
Total area
4,134 SF
Lot
0.34 ac (14,810 SF)
Zoning code
GBD
APN
WPOR M:B07 L:037-000
UPID
US15-0901878
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
-
Li Fulton DDS Dental Office
-
OHSELLA (Bike/Boat/Book/etc) Store
-
Propper Chiropractic of Westport Alternative Medicine Practice
-
Sunshine Spa Alternative Medicine Practice Spa & Massage Center
-
Wash the dog Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$1.37M
Owner & transaction history
Blue Pelican LLC · 5 yrs held
Blue Pelican LLC
since 2021
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
GBD · Westport, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
n and Rehabilitation of Existing Facades within Public View 23-9A.3 Documentation of Existing Conditions 23-10 Signs 23-11 Parking and Loading 23-12 Landscaping, Screening and Buffer Areas §24 GENERAL BUSINESS DISTRICT (GBD) 24-1 Purpose 24-2 Permitted Uses 24-2.1 Principal Uses 24-2.2 Special Permit Uses 24-2.2.9 24-2.3 Accessory Uses 24-2.4 Prohibited Uses…
Zone name
General Business District
General category
COMMERCIAL
Zone area
251.66 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
$1,405,000
ML approach
$1,460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.37M
Range $1.23M – $1.50M · ±10% · vs last sale $1.13M (May 28 2021)
Last sale anchor
$1.13M
May 28 2021
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
$330 / 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
$16,774
Tax year 2023
Assessed value
$914,100
Assessed 2023
Previous assessed
$914,100
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$676,900
Assessed improvement
$237,200
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
1970
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
5
Rooms
5
Total area
4,134 SF
Lot
0.34 ac (14,810 SF)
Zoning code
GBD
APN
WPOR M:B07 L:037-000
UPID
US15-0901878
Jurisdiction
WESTPORT
Zoning & alternative use
GBD · Westport, CTZoning GBD · permitted uses
GBD · Westport, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
n and Rehabilitation of Existing Facades within Public View 23-9A.3 Documentation of Existing Conditions 23-10 Signs 23-11 Parking and Loading 23-12 Landscaping, Screening and Buffer Areas §24 GENERAL BUSINESS DISTRICT (GBD) 24-1 Purpose 24-2 Permitted Uses 24-2.1 Principal Uses 24-2.2 Special Permit Uses 24-2.2.9 24-2.3 Accessory Uses 24-2.4 Prohibited Uses 24-3 Lot Area (See Definitions) 24-4 Setbacks (See §31-4 through §31-8, also.) 24-
Zone name
General Business District
General category
COMMERCIAL
Zone area
251.66 ac
Building & site characteristics
From public records
Year built
1970
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
5
Rooms
5
Lot
0.34 ac
Current owner
From public records · entity-resolved
Blue Pelican LLC
Entity
Mailing address
17 MELROSE AVE, NORWALK, CT 06855-2106
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2021
$1,125,000
Blue Pelican LLC
375 Post Rd West Plz LLC
Warranty Deed
$787,500 · First County Bank
Feb 13, 2020
—
375 Post Road W Plz
Robert Lipira
Quit Claim Deed
related
—
Jan 18, 2019
—
Robert Lipira
Dominic R Lipira 1994 Ret
Trustees Deed
related
—
Dec 2, 1993
$550,000
Dominick Lipira
Gateway Bk
Grant Deed
—
May 9, 1988
—
John Wellner JR
—
Deed Of Trust
related
$250,000 · Bank Mart
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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