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Property profile & analytics
OFF-MARKET Estimated value $4,590,000
Office buildings

10 Mott Ave Norwalk, CT 06850-3320

20,290 SF 0.52 ac lot Built 1966
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US15-0430591
Property summary
AI-generated overview

This exceptional medical office space, located at 10 Mott Avenue in Norwalk, Connecticut, presents a unique leasing opportunity. Situated within a four-story, Class B building totaling 24,116 square feet, this property offers 2,032 square feet of immediately available space on the first floor. Built in 1966 and renovated in 2000, the building boasts a desirable location and benefits from a CBDB zoning designation. The space itself features abundant natural light and a high-end, pre-built interior, creating a welcoming and comfortable environment for patients and staff. The building provides convenient elevator access and ample parking, with a ratio of 2.4 spaces per 1,000 square feet. The property is currently multi-tenant, offering a vibrant and collaborative atmosphere. With 4,000 square feet of vacant space within the building, there is potential for expansion or synergy with other medical professionals. The address is 10 Mott Ave, Norwalk, CT 06850. This is an ideal location for medical practices seeking a well-maintained, conveniently located, and aesthetically pleasing space to serve their patients. The available space is ready for immediate occupancy.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1966
Construction STEEL FRAME
Total area 20,290 SF
Lot 0.52 ac (22,575 SF)
Zoning code CBDB
APN NORW M:1 B:35 L:5
UPID US15-0430591
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
  • Norwalk Dental Arts: John J. Corino, DMD, MS Dental Office Physician
  • Dr. Laurence Kirwan Physician Medical Clinic
  • Selma Kaplan DMD Dental Office
  • Olson Family Dental Dental Office
  • Alan R Rissolo, DMD: Oral Surgeons Associates, PC Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.26M
Blend (final) Blend
$4.59M
Owner & transaction history
10 Mott Avenue Realty LLC · 4 yrs held
10 Mott Avenue Realty LLC
since 2021
3 recorded transactions
2021
Price N/A
2006
Price N/A
1999
$1.1M
Zoning & alternative use
CBDB · Norwalk, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $5.2M +18.2%
Commercial (general) $4.9M +11.1%
Auto repair, garage $4.7M +7.5%
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