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    Property profile & analytics

    70 Essex Rd Westbrook, CT 06498

    • Office Properties & Spaces
    • 1,620 SF
    • 0.22 lot acres
    For Sale
    View listing
    $495,000
    Value Estimation
    Location Intelligence
    Property ID
    US15-0400760
    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

    • Risk Strategies | Gowrie Group / Insurance Agency
    • Maritime Program Group / Insurance Agency
    • Bill It Now / Corporate Office

    Property Details for 70 Essex Rd

    Year built
    1986
    Construction
    FRAME
    Lot size
    0.22 lot acres
    Property size
    1,620 SF
    Zone code
    CTC
    Property type
    Office Properties & Spaces
    APN
    WBRO M:177 L:004 U:04
    APU
    WBROM177L004U04

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $255,000
      6.5%
      $265,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $250,000
      Retail
      $225,000
      Mixed-Use
      $220,000
      Hospitality
      $290,000
      Educational
      $245,000
      Residential Income
      $290,000
      Energy
      $210,000
      Income-Based Land
      $260,000
      Food Service
      $270,000

    Location Insight

    • Map
    • Local Demand
    City
    Westbrook
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.4477
    Latitude
    41.2868
    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
    $1,945
    $0.00
    $91,220
    $91,220
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $285,000
      1,620 SF

      70 Essex Rd Ste, Unit 3

      CONDOMINIUM OFFICES • 1,620 SF
      70 Essex Rd Ste, Westbrook, CT 06498-1568
      View Details
    • Value Estimation
      $455,000
      6,424 SF

      70 Essex Rd

      CONDOMINIUM OFFICES • 6,424 SF
      70 Essex Rd, Westbrook, CT 06498-1568
      View Details
    • Value Estimation
      $325,000
      1,605 SF

      24 Westbrook Pl, Unit 1

      CONDOMINIUM OFFICES • 1,605 SF
      24 Westbrook Pl, Westbrook, CT 06498
      View Details
    • Value Estimation
      $305,000
      1,836 SF

      24 Westbrook Pl, Unit 2

      CONDOMINIUM OFFICES • 1,836 SF
      24 Westbrook Pl, Westbrook, CT 06498-1946
      View Details
    • Value Estimation by Request
      810 SF

      70 Essex Rd Ste, Unit 1

      CONDOMINIUM OFFICES • 810 SF
      70 Essex Rd Ste, Westbrook, CT 06498-1568
      View Details
    • Value Estimation by Request
      924 SF

      70 Essex Rd Ste, Unit 2

      CONDOMINIUM OFFICES • 924 SF
      70 Essex Rd Ste, Westbrook, CT 06498-1568
      View Details

    Similar Nearby for Sale

    • $795,000
      Pending

      Westbrook Office Building For Sale

      Well-maintained office building in prime Westbrook location near transportation.
      70 Essex Rd, Westbrook, CT 06498
      View Details
    • $1,875,000
      Pending

      Westbrook Office Campus For Sale

      Highly visible office campus in Westbrook's Central Business District.
      36 Westbrook Pl, Westbrook, CT 06498
      View Details
    • $495,000
      Pending

      Westbrook Office Building For Sale

      Well-maintained office building in a prime downtown Westbrook location.
      70 Essex Rd, Westbrook, CT 06498
      View Details
    • $495,000
      4,974 SF

      Westbrook Office Building - Prime Location

      4,974 SF Office, Excellent Visibility
      70 Essex Rd, Westbrook, CT 06498
      View Details
    • $2,350,000
      13,456 SF

      Westbrook Office Campus - Prime Location

      High-visibility office space, excellent access.
      36 Westbrook Pl, Westbrook, CT 06498
      View Details
    • $1,900,000
      1.70 Acres

      Waterfront Commercial Opportunity in Westbrook

      Marina with restaurant potential in Westbrook's thriving marine district.
      314 Boston Post Rd, Westbrook, CT 06498
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      2,780 SF

      Shoreline Office Space Available

      Large office space with high foot traffic and ample parking.
      1587 Boston Post Rd, Westbrook, CT 06498
      View Details
    • $4,000 /Mo
      1,920 SF

      Westbrook Retail/Office Space For Rent

      Flexible retail or office space with high traffic location.
      144 Boston Post Rd, Westbrook, CT 06498
      View Details
    • $24 SF/Yr
      1,630 SF

      Medical Office Space Available

      Traditional medical office building for lease with high-end finishes.
      5 Pequot Park Rd, Westbrook, CT 06498
      View Details
    • Contact for pricing
      22,000 SF

      Spencer Plains Road Retail Center

      Prime Westbrook, CT Retail Space Available
      0 Spencer Plains Rd, Westbrook, CT 06498
      View Details
    • $4,500 /Mo
      5,400 SF

      Renovated Restaurant Space with Deck

      Recently renovated restaurant space with outdoor deck and bar area.
      110 Boston Post Rd, Westbrook, CT 06498
      View Details
    • $2,300 /Mo

      Renovated 3-Bedroom Westbrook Home

      Renovated 3-bedroom, 1-bathroom home in downtown Westbrook.
      9 Essex Rd, Westbrook, CT 06498
      View Details
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    70 Essex Rd
    Westbrook, CT 06498
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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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