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Property profile & analytics
OFF-MARKET
Apartment buildings
111 Main St, Norwalk, CT 06854-3148
Entity Owned
2-yr Hold
Property ID
US15-0156591
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2006
Construction
FRAME
Total area
5,687 SF
Lot
0.23 ac (10,019 SF)
Zoning code
D
APN
NORW M:2 B:63 L:3
UPID
US15-0156591
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
-
JULISSA RAINBOW FAMILY DAYCARE Daycare Center
-
Red Eye Edit Film Production Television Studio
-
Chez Coby Restaurant
-
Distinctive New Homes of Connecticut Construction Company General Contractor
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
Spantidos Group LLC · 2 yrs held
Spantidos Group LLC
since 2023
7 recorded transactions
Zoning & alternative use
D · 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
$21,447
Tax year 2023
Assessed value
$854,950
Assessed 2023
Previous assessed
$854,950
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$254,900
Assessed improvement
$600,050
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
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
5
Rooms
25
Bathrooms
10
Total area
5,687 SF
Lot
0.23 ac (10,019 SF)
Zoning code
D
APN
NORW M:2 B:63 L:3
UPID
US15-0156591
Jurisdiction
NORWALK
Zoning & alternative use
D · Norwalk, CT
Zoning D · permitted uses
D · 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
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
5
Rooms
25
Bathrooms
10
Lot
0.23 ac
Current owner
From public records · entity-resolved
Spantidos Group LLC
Entity
Mailing address
111 S MAIN ST, NORWALK, CT 06854-3148
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2023
—
Spantidos Group LLC
Georgios H Spantidos
Quitclaim Deed
related
—
Apr 5, 2022
—
3303 Wj Associates LLC
—
Deed
related
$793,000 · First Republic Bank
Jun 21, 2011
$975,000
Donavan O Stepehenson SR.
111 South Main St Assoc
Warranty Deed
$900,000 · 111 South Main Street Associates LLC
Oct 21, 2008
$745,000
111 S Main Assoc LLC
Northern Source LLC
Warranty Deed
—
Sep 4, 2008
$1
Alliance Condo Proj 1 LLC
Northern Source LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Dec 7, 2007
$1
New Alliance Condo 1 LLC
Deforest,richard
Grant Deed
related
—
Nov 28, 2005
—
Alliance Condon Proje LLC
—
Deed Of Trust
related
$167,000 · Jimmie Lee Williams
Sep 23, 2005
—
Alliance Condo Proj 1 LLC
—
Deed Of Trust
related
$974,200 · Northern Source LLC
Mar 4, 2005
$368,000
Condo Alliance Project
Williams,jimmie Lee
Warranty Deed
$460,000 · Zwi Kohorn
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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