Financial
Distress signals
Property profile

22 Leonard St Norwalk, CT 06850

FOR LEASE
Retail space
Property ID
US15-0628040
2,916 SF 0.18 ac lot Built 1951
Last sale Dec 2023 · $675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
22 Leonard St, Norwalk, CT 06850 For Lease
$3,200/Mo 2,916 SF available
22 Leonard St, Norwalk, CT 06850
View Listing

Property summary

AI-generated overview

22 Leonard Street in Norwalk is situated within the Wall Street–West Avenue Redevelopment Zone and sits on a 7,840 sq. ft. lot. The property is zoned for up to 3.5 stories and up to 4.75 units, supporting vertical expansion or adaptive reuse. It contains approximately 2,916 sq. ft. of building area, including a front unit with just over 1,600 sq. ft. of finished space featuring an updated kitchen and an updated bathroom; this unit is configured for uses such as a café, bakery, boutique retail,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$243k
Assessed land$226k
Assessed improvement$17k
Effective rate2.35%

Value estimate

· Sep 2026
$670k
$603k – $737k
AI approach$630k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$186/SF
County average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$115 – $287
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I1
JurisdictionNORWALK

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.0
Toy Store7.9
Pet Grooming Service7.6

Location

22 Leonard St Norwalk, CT 06850
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16 Ruby, Norwalk, CT 06850 $1,000,000 Dec 2025 3,790 SF
18 Gold, Norwalk, CT 06850 $900,000 Dec 2022 4,369 SF
3 Isaacs, Norwalk, CT 06850-4107 $250,000 Sep 2022 2,435 SF
77 Wall, Norwalk, CT 06850-3411 $420,000 Sep 2021 1,916 SF
51 Wall, Norwalk, CT 06850-3412 $500,000 Sep 2020 4,648 SF
455 Ww, Norwalk, CT 06850-4001 $1,060,000 Aug 2019 3,927 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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