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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Automotive properties
983 State Rd, Westport, MA 02790-2412
Individually Owned
~
Est. High Equity
Property ID
US38-0940057
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1994
Construction
FRAME
Total area
2,700 SF
Lot
0.54 ac (23,422 SF)
Zoning code
R1
APN
WPOR M:28 L:5A
UPID
US38-0940057
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
$605k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$431k
Blend (final)
Blend
$505k
Owner & transaction history
Heneine Fadi
Heneine Fadi
since 2026
Last sale
$500,000
7 recorded transactions
Zoning & alternative use
R1 · Westport, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$665,000
ML approach
$605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$480,000
Current use
RETAIL STORES
$445,000
Change: -8% · Conversion: Difficult
OFFICE BUILDING
$410,000
Change: -14% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$410,000
Change: -14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$400,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $500k (Feb 2 2022)
Last sale anchor
$500k
Feb 2 2022
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
$187 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,858
Tax year 2024
Assessed value
$369,700
Assessed 2024
Previous assessed
$369,700
+0.0% YoY
Effective rate
0.77%
On assessed value
Assessed land
$195,500
Assessed improvement
$174,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1994
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
2,700 SF
Lot
0.54 ac (23,422 SF)
Zoning code
R1
APN
WPOR M:28 L:5A
UPID
US38-0940057
Jurisdiction
WESTPORT
Zoning & alternative use
R1 · Westport, MA
Zoning R1 · permitted uses
R1 · Westport, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$480,000
RETAIL STORES
Est. value
$445,000
OFFICE BUILDING
Est. value
$410,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$410,000
COMMERCIAL (GENERAL)
Est. value
$400,000
AUTO REPAIR, GARAGE Current
RETAIL STORES
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Heneine Fadi
Individual
Mailing address
983 STATE RD, WESTPORT, MA 02790-2412
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2026
$750,000
Heneine Fadi
Icars INC
Quitclaim Deed
$495,000 · Baycoast Bank
Feb 2, 2022
$500,000
Icars INC
Pre Owned Cars&trucks
Quit Claim Arm's Length For Ne States
$375,000 · Albert W Cahill
Nov 2, 2009
—
Owned Cars Pre
—
Deed Of Trust
related
$40,000 · Katies Comm Loans LLC
Oct 26, 2007
$575,000
Pre-owned Car
Brilhante,michael W
Grant Deed
$425,000 · Michael W Brilhante
Jun 4, 1999
—
Michael W Brilhante
—
Deed Of Trust
related
$100,000 · Bankboston Development Co LLC
Jan 11, 1990
$65,000
Michael W Brilhante
Souza,gerald E
Grant Deed
$40,000 · Zenon Grzybowski
—
—
Pre-owned Cars & Trucks
—
Deed Of Trust
related
$400,000 · Rockland Tr
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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