Individually Owned
No photos on file
For Sale
Contact for pricing
977 Boston Post Rd, Westbrook, CT 06498
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Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1964
Construction
FRAME
Total area
1,982 SF
Lot
0.58 ac (25,265 SF)
Zoning code
MDR
APN
WBRO M:183 L:060
UPID
US15-0451409
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$300k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$300k
Owner & transaction history
since 2019
2 recorded transactions
Zoning & alternative use
MDR · Westbrook, CT
Zoning description
• MDR Medium Density Residential District • HDR High Density Residential District (including HDR-2) Other residential districts or types may be located in Section 5 of these Regulations. A. PURPOSES 1. The various reside…
General category
RESIDENTIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$300k
Value range
$270k – $330k
±10% around blend
Estimated value / SF
$151 / SF
Confidence
High
10 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
100
$270k
blend $300k
$330k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,982 SF
Lot area
0.58 ac
Year built
1964
Stories
1
APN
WBRO M:183 L:060
Zoning
MDR
Assessed value
$356,230
Annual tax
$7,595
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$326k
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
17.5 mi away · 1,857 SF
19.3 mi away · 1,745 SF
21.4 mi away · 1,622 SF
23.0 mi away · 1,602 SF
23.2 mi away · 2,137 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$300k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 272 sales
$137
+11%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $151/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$356k
Move the market yield to see immediate price impact.
Value / SF
$180
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$22k
$449k
$321k
$249k
$25k
$499k
$356k
$277k
$27k
$549k
$392k
$305k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$315k
9.2 mi · Jan 2026 · $159/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,595
Tax year 2023
Assessed value
$356,230
Assessed 2023
Previous assessed
$356,230
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$176,560
Assessed improvement
$179,670
Applied tax rate
278.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1964
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Bathrooms
12
Total area
1,982 SF
Lot
0.58 ac (25,265 SF)
Zoning code
MDR
APN
WBRO M:183 L:060
UPID
US15-0451409
Jurisdiction
WESTBROOK
Zoning & alternative use
MDR · Westbrook, CTZoning MDR · permitted uses
MDR · Westbrook, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
• MDR Medium Density Residential District • HDR High Density Residential District (including HDR-2) Other residential districts or types may be located in Section 5 of these Regulations. A. PURPOSES 1. The various reside…
General category
RESIDENTIAL
Building & site characteristics
From public records
Year built
1964
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
12
Lot
0.58 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
MDR
RESIDENTIAL
Jurisdiction
Westbrook, CT
Recorded code
MDR
Official district
MDR
Official district profile
What the municipal code says about MDR
Zoning description
• MDR Medium Density Residential District • HDR High Density Residential District (including HDR-2) Other residential districts or types may be located in Section 5 of these Regulations. A. PURPOSES 1. The various reside…
General category
RESIDENTIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MDR in Westbrook, CT.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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