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    Property profile & analytics

    115 Main St Norwalk, CT 06851-4616

    • Showrooms
    • 10,588 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $2,100,000
    Last Sale
    Mar 14, 2025
    $2,600,000
    Location Intelligence
    Property ID
    US15-0364077
    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

    • Frank Fraulo - State Farm Insurance Agent / Insurance Agency / Auto Insurance Agency
    • State Farm Insurance / Insurance Agency / Auto Insurance Agency
    • On The Scene Entertainment / Professional Services / Night Club
    • Soluma Multiservice LLC / Money Transfer Service / Notary Public
    • Breakfast Belle LLC / Caterer / Food Manufacturer

    Property Details for 115 Main St

    Year built
    1880
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.15 lot acres
    Property size
    10,588 SF
    Zone code
    B2
    Property type
    Showrooms
    APN
    NORW M:1 B:75 L:24
    APU
    NORWM1B75L24

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,890,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,550,000
      6.5%
      $2,525,000
      7%
      $2,465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,775,000
      Geo Method
      $2,585,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,455,000
      Retail
      $2,755,000
      Mixed-Use
      $2,850,000
      Hospitality
      $2,315,000
      Educational
      $2,355,000
      Residential Income
      $2,805,000
      Energy
      $2,835,000
      Income-Based Land
      $3,160,000
      Food Service
      $3,055,000

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4156
    Latitude
    41.1225
    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
    $26,026
    $293,860
    $743,600
    $1,037,460
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6,856 SF

      3 Wall St, Unit 5

      SHOW ROOM, WAREHOUSE • 6,856 SF
      3 Wall St, Norwalk, CT 06851-4839
      View Details
    • Value Estimation
      $1,625,000
      12,290 SF

      39 Knight St

      SHOW ROOM, WAREHOUSE • 12,290 SF
      39 Knight St, Norwalk, CT 06851-4706
      View Details
    • Value Estimation
      $340,000
      3,120 SF

      16 Lois St

      SHOW ROOM, WAREHOUSE • 3,120 SF
      16 Lois St, Norwalk, CT 06851-4420
      View Details
    • Value Estimation
      $355,000
      4,000 SF

      5 Van Tassell Ct

      SHOW ROOM, WAREHOUSE • 4,000 SF
      5 Van Tassell Ct, Norwalk, CT 06851-3504
      View Details
    • Value Estimation by Request
      18,510 SF

      507 Westport Ave

      SHOW ROOM, WAREHOUSE • 18,510 SF
      507 Westport Ave, Norwalk, CT 06851-4411
      View Details
    • Value Estimation
      $250,000
      2,547 SF

      49 12th E Ave

      SHOW ROOM, WAREHOUSE • 2,547 SF
      49 12th E Ave, Norwalk, CT 06851-3930
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,892 SF

      69 Main ST

      Individual retail properties • 3,892 SF
      69 Main St, Norwalk, CT 06851
      View Details
    • $3,500,000

      Norwalk Retail Property For Sale

      Retail property for sale with existing tenant in Norwalk.
      391 Westport Ave, Norwalk, CT 06851
      View Details
    • $179,000

      Profitable Gas Station Opportunity

      Citgo gas station in high-traffic Norwalk location for sale.
      309 Main Ave, Norwalk, CT 06851
      View Details
    • $2,695,000
      5,009 SF

      Norwalk Retail Building For Sale

      5,009 SF retail building on a corner lot.
      594 Main Ave, Norwalk, CT 06851
      View Details
    • $1,250,000

      Fully Leased Retail Property

      Retail property with two tenants, being sold with adjacent property.
      318 Strawberry Hill Ave, Norwalk, CT 06851
      View Details
    • $1,700,000
      1,566 SF

      Norwalk Commercial Property - Prime Location

      High-traffic auto sales & repair business, .52 acres
      29 North Ave, Norwalk, CT 06851
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      2,380 SF

      Retail and Office Space Available

      Divisible retail and office spaces for lease with parking.
      430 Main Ave, Norwalk, CT 06851
      View Details
    • $26 SF/Yr
      28,000 SF

      Norwalk Office/Retail Space

      Prime Norwalk location, 2,000 sq ft available.
      205 Main St, Norwalk, CT 06851
      View Details
    • $25 SF/Yr
      1,625 SF

      Norwalk Retail Space Available

      Retail space available for lease in Norwalk, Connecticut.
      345 Main Ave, Norwalk, CT 06851
      View Details
    • Contact for pricing
      7,400 SF

      Retail and Office Space Available

      Ground floor retail and second floor office space for rent.
      50 Cross St, Norwalk, CT 06851
      View Details
    • Contact for pricing
      13,890 SF

      Retail Space on Route 1

      Retail space with high visibility on Route 1.
      55 Westport Ave, Norwalk, CT 06851
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Shopping Center

      1,200 SF end cap in a busy shopping center.
      644 Main Ave, Norwalk, CT 06851
      View Details
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    115 Main St
    Norwalk, CT 06851-4616
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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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