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Property profile & analytics
OFF-MARKET
Commercial land
Main St Westport, CT 06880
Individually Owned
27-yr Hold
~
Est. High Equity
Property ID
US15-1137322
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1 ac (43,560 SF)
Zoning code
RBD
APN
WPOR M:C10 L:088-000
UPID
US15-1137322
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
Village Sq Westport · 27 yrs held
Village Sq Westport
since 1998
2 recorded transactions
Zoning & alternative use
RBD · Westport, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
33-8 Permanent Signs Permitted in Other Non-Residence Districts: (RBD, GBD, GBD/S, GBD/SM, GBD/R, HSD, BPD, DDD, BPD, BCD & BCD/H) 33-8.1 Sign Area 33-8.2 Wall Signs 33-8.3 Projecting or Hanging Signs 33-8.4 Free-Standing Signs 33-9 Non-Commercial Content 33-10 Severability 33-11 Coastal/Shoreline Public Access Signs Signs Location and Design
Zone name
Restricted Business District
General category
COMMERCIAL
Zone area
42.99 ac
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,541
Tax year 2023
Assessed value
$84,000
Assessed 2023
Previous assessed
$84,000
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$84,000
Applied tax rate
138.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
1 ac (43,560 SF)
Zoning code
RBD
APN
WPOR M:C10 L:088-000
UPID
US15-1137322
Jurisdiction
WESTPORT
Zoning & alternative use
RBD · Westport, CTZoning RBD · permitted uses
RBD · Westport, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
33-8 Permanent Signs Permitted in Other Non-Residence Districts: (RBD, GBD, GBD/S, GBD/SM, GBD/R, HSD, BPD, DDD, BPD, BCD & BCD/H) 33-8.1 Sign Area 33-8.2 Wall Signs 33-8.3 Projecting or Hanging Signs 33-8.4 Free-Standing Signs 33-9 Non-Commercial Content 33-10 Severability 33-11 Coastal/Shoreline Public Access Signs Signs Location and Design
Zone name
Restricted Business District
General category
COMMERCIAL
Zone area
42.99 ac
Building & site characteristics
From public records
Heating
NONE
Lot
1 ac
Current owner
From public records · entity-resolved
Village Sq Westport
Individual
Mailing address
PO BOX 460169, HOUSTON, TX 77056-8169
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 1998
—
Village Sq Westport
—
Deed Of Trust
related
$7,900,000 · Fleet National Bank
Feb 5, 1998
—
Village Sq Of Westport
—
Deed Of Trust
related
$187,000 · Peoples Bank
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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