Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    139 Ely Ave Norwalk, CT 06854-2965

    • Investment properties
    • 3,361 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US15-0035915
    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

    • Colibri Mexican Kitchen & Tequila Bar / Mexican Restaurant
    • Micaela Restaurant Bar / Peruvian Restaurant
    • Hill Top pub / Night Club / Bar

    Property Details for 139 Ely Ave

    Year built
    1933
    Construction
    FRAME
    Lot size
    0.24 lot acres
    Property size
    3,361 SF
    Zone code
    NB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    NORW M:2 B:66 L:42
    APU
    NORWM2B66L42

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $370,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $380,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $405,000
      Retail
      $390,000
      Mixed-Use
      $365,000
      Hospitality
      $295,000
      Educational
      $380,000
      Residential Income
      $385,000
      Energy
      $390,000
      Income-Based Land
      $355,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4243
    Latitude
    41.0922
    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
    $12,095
    $261,100
    $221,040
    $482,140
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.23 Acres

      1 Pne St, Unit 3

      OFFICE/RESIDENTIAL (MIXED USE) • 0.23 Acres
      1 Pne St, Norwalk, CT 06854-2238
      View Details
    • Value Estimation by Request
      11,424 SF

      19 Day St

      OFFICE/RESIDENTIAL (MIXED USE) • 11,424 SF
      19 Day St, Norwalk, CT 06854-4908
      View Details
    • Value Estimation
      $570,000
      5,640 SF

      65 Cedar St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,640 SF
      65 Cedar St, Norwalk, CT 06854-2058
      View Details
    • Value Estimation
      $760,000
      0.28 Acres

      61 Cedar St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.28 Acres
      61 Cedar St, Norwalk, CT 06854-5127
      View Details
    • Value Estimation
      $245,000
      2,457 SF

      156 Connecticut Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,457 SF
      156 Connecticut Ave, Norwalk, CT 06854-1969
      View Details
    • Value Estimation
      $270,000
      0.11 Acres

      5 Paradiso St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.11 Acres
      5 Paradiso St, Norwalk, CT 06854
      View Details

    Similar Nearby for Sale

    • $5,300,000

      Norwalk Mixed-Use Investment Opportunity

      37,000 SF mixed-use property in vibrant South Norwalk.
      17 Washington St, Norwalk, CT 06854
      View Details
    • $2,700,000
      9,087 SF

      Utopia Building: Norwalk Mixed-Use Gem

      Prime Norwalk location, mixed-use, investment opportunity.
      150 Connecticut Ave, Norwalk, CT 06854
      View Details
    • $949,000
      Pending

      Norwalk Multifamily Near SONO Station

      Five-unit multifamily property near SONO Station in Norwalk, Connecticut.
      28 Chestnut St, Norwalk, CT 06854
      View Details
    • $949,000
      Pending

      Norwalk Multifamily Near SONO Train

      Five-unit multifamily property near SONO Train Station in Norwalk, CT.
      28 Chestnut St, Norwalk, CT 06854
      View Details
    • Contact for pricing
      22,577 SF

      SoNo Office Building For Sale

      Class A Office, 22,577 SF, Norwalk, CT
      32 Haviland St, Norwalk, CT 06854
      View Details
    • $5,250,000
      19,419 SF

      Norwalk Industrial Property

      19,419 SF Warehouse/Distribution
      231 Wilson Ave, Norwalk, CT 06854
      View Details

    Similar Nearby for Lease

    • $4,500 /Mo
      2,000 SF

      Renovated SONO Live-Work Space

      Historically renovated live-work space in the heart of SONO.
      70 South Main St, Norwalk, CT 06854
      View Details
    • $25 SF/Yr
      9,669 SF

      SoNo Central Creative Office Suites

      Prime Norwalk, CT Office & Retail Space
      8 Monroe St, Norwalk, CT 06854
      View Details
    • $3,200 /Mo

      SoNo Loft-Style Apartment For Rent

      Brand new 2-bedroom, 2-bath apartment in trendy South Norwalk.
      61 Washington St, Norwalk, CT 06854
      View Details
    • $2,200 /Mo

      Spacious Norwalk Apartment For Rent

      One-bedroom apartment with utilities included, near downtown Norwalk.
      218 Flax Hill Rd, Norwalk, CT 06854
      View Details
    • $3,900 /Mo

      Renovated Duplex in Spring Hill

      Renovated 3-bedroom duplex in Norwalk's Spring Hill neighborhood.
      59 Clinton Ave, Norwalk, CT 06854
      View Details
    • $2,100 /Mo

      Norwalk Apartment with Open Layout

      Inviting 1-bedroom apartment with new flooring and ample storage.
      26 Fairfield Ave, Norwalk, CT 06854
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    139 Ely Ave
    Norwalk, CT 06854-2965
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.