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Property profile & analytics
OFF-MARKET
Office Spaces

70 Essex Rd Ste 1 Westbrook, CT 06498-1568

810 SF 0.09 ac lot Built 1986
Individually Owned 23-yr Hold Free & Clear
Property ID
US15-0828368
Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1986
Construction FRAME
Total area 810 SF
Lot 0.09 ac (3,920 SF)
Zoning code CTC
APN WBRO M:177 L:004 U:01
UPID US15-0828368
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gowrie S Carter 3rd · 23 yrs held
Gowrie S Carter 3rd
since 2003
4 recorded transactions
2003
$65,000
1997
$22,500
1995
$50,000
1995
Price N/A
Zoning & alternative use
CTC · Westbrook, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

• CTC Commercial Town Center District • NCD Neighborhood Commercial District • TIC Turnpike Interchange Commercial District • CB Commercial Boating District • RD Resort District • LI Light Industrial District • ID Industrial District A. PURPOSES 1. Commercial Town Center (CTC) District - The purpose of the Commercial Town Center (CTC) District is to maintain…

Zone name Commercial Town Center District
General category COMMERCIAL
Zone area 57.19 ac
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