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Property profile & analytics
FOR LEASE
Showrooms
1375 Kings Hwy Fairfield, CT 06824
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-1316984
For Lease
$2,380,000
1375 Kings Hwy, Fairfield, CT 06824
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1988
Construction
STEEL FRAME
Total area
39,936 SF
Lot
0.81 ac (35,080 SF)
Zoning code
DCD
APN
FAIR M:80 B:42
UPID
US15-1316984
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
-
Mazza & Welch Law Firm
-
Kudlow & Co Social Service Agency
-
Noecker Robert MD Ophthalmologist
-
Nuvueu Cosmetic Surgery And Aesthetics Center,LLC Physician Medical Clinic
-
OCLI Vision Fairfield (Ophthalmic Consultants of Connecticut) Ophthalmology Clinic Eye Care Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.38M
Owner & transaction history
141 King LLC · 7 yrs held
141 King LLC
since 2018
6 recorded transactions
Zoning & alternative use
DCD · Fairfield, 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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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
$60 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$205,065
Tax year 2024
Assessed value
$7,350,000
Assessed 2024
Previous assessed
$7,350,000
+0.0% YoY
Effective rate
2.79%
On assessed value
Assessed land
$647,290
Assessed improvement
$6,702,710
Applied tax rate
104.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
9
Total area
39,936 SF
Lot
0.81 ac (35,080 SF)
Zoning code
DCD
APN
FAIR M:80 B:42
UPID
US15-1316984
Jurisdiction
FAIRFIELD
Zoning & alternative use
DCD · Fairfield, CT
Zoning DCD · permitted uses
DCD · Fairfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
9
Lot
0.81 ac
Current owner
From public records · entity-resolved
141 King LLC
Entity
Mailing address
35 BRENTWOOD AVE, FAIRFIELD, CT 06825-5443
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Dec 6, 2018
—
141 King LLC
777 Cmrc Drive LLC
Warranty Deed
—
Dec 21, 2010
—
1375 Kings Hwy LLC
—
Deed Of Trust
related
$14,000,000 · Nxtloan Com Corp
Dec 26, 2007
$6,868,000
1375 Kings Highway LLC
14 Mamaroneck Ave Ret
Warranty Deed
—
Dec 26, 2007
—
1375 Kings Highway LLC
—
Deed Of Trust
related
$17,750,000 · Cit Group Sales & Fin
Jul 1, 2004
$4,650,000
14 Mamoroneck R Assoc
1375 Kings Hwy LLC
Warranty Deed
$10,000,000 · Greenwich Capital Fin'l INC
Sep 16, 1994
—
338 State St Ext Assoc
—
Deed Of Trust
related
$300,000 · 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.
Try Rey
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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