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    Property profile & analytics

    558 Connecticut Ave Norwalk, CT 06854

    • Investment properties
    • 4,942 SF
    • 0.13 lot acres
    For Sale
    View listing
    $1,549,000
    Value Estimation
    Location Intelligence
    Property ID
    US15-0735607
    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

    • Michael's Cleaners / Dry Cleaner
    • Post Road Cleaners / Dry Cleaner

    Property Details for 558 Connecticut Ave

    Year built
    1985
    Construction
    FRAME
    Lot size
    0.13 lot acres
    Property size
    4,942 SF
    Zone code
    B2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    NORW M:5 B:67 L:10
    APU
    NORWM5B67L10

    Description

    This exceptional commercial property at 558 Connecticut Avenue in Norwalk, Connecticut, presents a rare opportunity for a small business owner-user. Situated on a 0.13-acre lot, this property boasts a prime location on US Route 1, experiencing high daily traffic exceeding 40,000 vehicles. The strategic placement ensures significant visibility and accessibility for any business. The property's immediate vicinity is anchored by established and successful businesses, including Home Depot, Burger King, Hoe Goods, Kohl's, and Raymour Flanigan, all within a 1,000-foot radius, creating a strong and desirable commercial environment. This location offers significant potential for attracting customers and building a thriving business. The property's projected return based on a pro-forma analysis indicates a compelling 7.25 percent return on investment, making it a financially attractive proposition. The asking price for this exceptional opportunity is $1,549,000. This is an ideal location for a business seeking high visibility, strong foot traffic, and a proven commercial environment. Don't miss this chance to secure a prime commercial space in a thriving Connecticut market. Contact us today to schedule a showing and explore the possibilities.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4458
    Latitude
    41.0973
    CBSA code
    14860
    CBSA name
    BRIDGEPORT-STAMFORD-NORWALK, 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
    $16,443
    $198,020
    $455,490
    $653,510
    -
    $0.00
    $0.00
    $0.00

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      156 Connecticut Ave

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      5 Paradiso St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.11 Acres
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    Norwalk, CT 06854
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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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