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Property profile & analytics
OFF-MARKET
Estimated value
$3,505,000
Investment properties
365 Westport Ave, Norwalk, CT 06851-4344
Individually Owned
11-yr Hold
Free & Clear
Property ID
US15-0537686
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
30,792 SF
Lot
0.97 ac (42,454 SF)
Zoning code
B2
APN
NORW M:5 B:9 L:23
UPID
US15-0537686
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
Current use
Occupant on record · Public records
-
HVAC Contractors Connecticut HVAC Service General Contractor
-
Bella Professional Beauty Stores (Bike/Boat/Book/etc) Store Cosmetic Store
-
Norwalk Vapor & Smokeshop (Bike/Boat/Book/etc) Store
-
Green Living Spa Alternative Medicine Practice Spa & Massage Center
-
Studio 49 1/2 LLC Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.11M
Blend (final)
Blend
$3.51M
Owner & transaction history
Kristina Luciani · 11 yrs held
Kristina Luciani
since 2014
7 recorded transactions
Zoning & alternative use
B2 · Norwalk, CT
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 Norwalk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwalk 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.51M
Range $3.15M – $3.86M · ±10%
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
$114 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$92,012
Tax year 2023
Assessed value
$3,656,910
Assessed 2023
Previous assessed
$3,656,910
+0.0% YoY
Effective rate
2.52%
On assessed value
Assessed land
$1,527,200
Assessed improvement
$2,129,710
Applied tax rate
129.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
28
Rooms
60
Bathrooms
28
Total area
30,792 SF
Lot
0.97 ac (42,454 SF)
Zoning code
B2
APN
NORW M:5 B:9 L:23
UPID
US15-0537686
Jurisdiction
NORWALK
Zoning & alternative use
B2 · Norwalk, CT
Zoning B2 · permitted uses
B2 · Norwalk, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norwalk. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
28
Rooms
60
Bathrooms
28
Lot
0.97 ac
Current owner
From public records · entity-resolved
Kristina Luciani
Individual
Free & Clear · 11 yrs held
Mailing address
8 W BR RD, WESTPORT, CT 06880-1248
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2021
—
Fyber Properties 128 LLC
—
Deed
related
$7,350,000 · First County Bank
Aug 14, 2014
$335,000
Kristina Luciani
Kay,diane
Warranty Deed
—
May 31, 2001
—
Fyber Prop 365 LLC
—
Deed Of Trust
related
$2,800,000 · First Union National Bank
Dec 30, 1999
$300,000
Fyber Prop 365
George Marshall T
Grant Deed
$540,000 · First Union National Bank
Dec 30, 1999
$600,000
Fyber Prop 365 LLC
Hiller,paul
Warranty Deed
—
Dec 30, 1999
—
Fyber Prop 365
—
Deed Of Trust
related
$313,620 · Zwi Kohorn
Jan 27, 1994
—
Hawleyville Volunteer
—
Deed Of Trust
related
$82,000 · Newtown Savings Bank
Oct 10, 1991
—
Paul Hiller
—
Deed Of Trust
related
$465,000 · Union Trust Co
May 16, 1990
—
Paul Hiller
—
Deed Of Trust
related
$30,000 · Investors Mtg Co
Aug 3, 1987
—
Paul Hiller SR.
—
Deed Of Trust
related
$300,000 · First Federal Bank Of Ct
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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