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Property profile & analytics
OFF-MARKET
Investment properties
10 Wall St Norwalk, CT 06850-3438
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US15-0943950
Property summary
AI-generated overview
This stunning, historic two-story office building at 10 Wall Street in Norwalk, Connecticut, offers a unique blend of traditional and creative office spaces. Built in 1866 and renovated in 2022, the 8,180 square foot building boasts five suites, with 689 square feet currently vacant. Individual suites range from a minimum of 120 square feet to a maximum contiguous space of 180 square feet, perfect for small businesses or entrepreneurs. The building is situated in Norwalk's central business design district, offering immediate occupancy and a highly convenient location. Enjoy the benefits of being within walking distance of the courthouse and a variety of amenities, including a five-star restaurant and twelve other restaurants. The property sits on a 0.34-acre lot and is zoned for central business use. Monthly rent for office suites starts at $500. This Class B building presents a rare opportunity to establish a presence in a vibrant and historic downtown setting. Don't miss this chance to secure your ideal workspace in the heart of Norwalk.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
0.34 ac (14,810 SF)
Zoning code
CBDA
APN
NORW M:1 B:67 L:1
UPID
US15-0943950
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
-
DiScala & DiScala Law Firm
-
Deborah Noonan Law Firm
-
Law Offices of Anthony E. Schwartz Law Firm
-
Integrated Security Services Security Service
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
Trolley Associates INC · 3 yrs held
Trolley Associates INC
since 2022
Last sale
$35,900
6 recorded transactions
Zoning & alternative use
CBDA · 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
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
$68,748
Tax year 2023
Assessed value
$2,740,510
Assessed 2023
Previous assessed
$2,740,510
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$400,800
Assessed improvement
$2,339,710
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 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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Units
3
Lot
0.34 ac (14,810 SF)
Zoning code
CBDA
APN
NORW M:1 B:67 L:1
UPID
US15-0943950
Jurisdiction
NORWALK
Zoning & alternative use
CBDA · Norwalk, CT
Zoning CBDA · permitted uses
CBDA · 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
Heating
NONE
Cooling
Yes
Buildings
2
Units
3
Lot
0.34 ac
Current owner
From public records · entity-resolved
Trolley Associates INC
Entity
Mailing address
1 SMITH STB#101, NORWALK, CT 06851-4836
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2022
—
Trolley Associates INC
Jack&mary Discala LLP
Quit Claim Deed
related
—
Jun 8, 2018
$35,900
Metropolitan Realty Assoc
Norwalk City Of
Warranty Deed
—
Jan 27, 2017
—
Metropolitan Realty Assoc
City Of Norwalk
Warranty Deed
—
May 28, 1999
—
Trolley Assoc INC
—
Deed Of Trust
related
$2,350,000 · Worth Funding INC
Mar 4, 1994
—
Trolley Assoc INC
—
Deed Of Trust
related
$2,000,000 · Worth Funding INC
Nov 17, 1988
$173,102
Trolley Assoc
Est Geo Discala SR
Grant Deed
$4,000,000 · 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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