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    Property profile & analytics

    447 Spencer Plns Rd Westbrook, CT 06498-3510

    • Industrial properties
    • 7,800 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimation
    $1,360,000
    Last Sale
    Jun 16, 2022
    $1,395,000
    Location Intelligence
    Property ID
    US15-0927552
    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

    • Industrial properties

    Property Details for 447 Spencer Plns Rd

    Year built
    1980
    Construction
    STEEL FRAME
    Lot size
    0.61 lot acres
    Property size
    7,800 SF
    Zone code
    ID
    Property type
    Industrial properties
    APN
    WBRO M:164 L:005
    APU
    WBROM164L005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,420,000
      6.5%
      $1,320,000
      7%
      $1,420,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,540,000
      Geo Method
      $1,430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,410,000
      Retail
      $1,510,000
      Mixed-Use
      $1,315,000
      Hospitality
      $1,185,000
      Educational
      $1,220,000
      Residential Income
      $1,520,000
      Energy
      $1,440,000
      Income-Based Land
      $1,210,000
      Food Service
      $1,335,000

    Location Insight

    • Map
    • Local Demand
    City
    Westbrook
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.4249
    Latitude
    41.2925
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, 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
    $6,055
    $84,860
    $199,160
    $284,020
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      85,800 SF

      42 Pequot Park Rd

      INDUSTRIAL (GENERAL) • 85,800 SF
      42 Pequot Park Rd, Westbrook, CT 06498-1466
      View Details
    • Value Estimation
      $315,000
      7,600 SF

      35 Westbrook Indust Park Rd

      INDUSTRIAL (GENERAL) • 7,600 SF
      35 Westbrook Indust Park Rd, Westbrook, CT 06498-1796
      View Details
    • Value Estimation
      $330,000
      3,600 SF

      32 Westbrook Indust Park Rd

      INDUSTRIAL (GENERAL) • 3,600 SF
      32 Westbrook Indust Park Rd, Westbrook, CT 06498-1524
      View Details
    • Value Estimation by Request
      1,504 SF

      354 Mcveagh Rd

      INDUSTRIAL (GENERAL) • 1,504 SF
      354 Mcveagh Rd, Westbrook, CT 06498-1512
      View Details
    • Value Estimation
      $375,000
      1,104 SF

      139 Essex Rd

      INDUSTRIAL (GENERAL) • 1,104 SF
      139 Essex Rd, Westbrook, CT 06498-1573
      View Details
    • Value Estimation
      $350,000
      5,600 SF

      69 Westbrook Indust Park Rd

      INDUSTRIAL (GENERAL) • 5,600 SF
      69 Westbrook Indust Park Rd, Westbrook, CT 06498
      View Details

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    Similar Nearby for Lease

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      5,400 SF

      Renovated Restaurant Space with Deck

      Recently renovated restaurant space with outdoor deck and bar area.
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      View Details
    • Contact for pricing
      22,000 SF

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      Prime Westbrook, CT Retail Space Available
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      View Details
    • $4,000 /Mo
      1,920 SF

      Westbrook Retail/Office Space For Rent

      Flexible retail or office space with high traffic location.
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      View Details
    • $18 SF/Yr
      2,780 SF

      Shoreline Office Space Available

      Large office space with high foot traffic and ample parking.
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    • $24 SF/Yr
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      Medical Office Space Available

      Traditional medical office building for lease with high-end finishes.
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      View Details
    • $2,300 /Mo

      Renovated 3-Bedroom Westbrook Home

      Renovated 3-bedroom, 1-bathroom home in downtown Westbrook.
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      View Details
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    447 Spencer Plns Rd
    Westbrook, CT 06498-3510
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    Realmo Value Estimation

    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.

    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.

    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
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