Property profile

163 Main St Norwalk, CT 06851

OFF-MARKET
Retail space
Property ID
US15-0539822
5,035 SF 0.34 ac lot Built 1975
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Construction FRAME
Total area 5,035 SF
Lot 0.34 ac (14,810 SF)
Zoning code B2
APN NORW M:1 B:87 L:6
UPID US15-0539822

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Interior Design Home Decor Store

Location

163 Main St Norwalk, CT 06851-3709
Norwalk metro Census 43400 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.43M
CAP Approach CAP
by Request
Comparable Approach Comparable
$937k
Blend (final) Blend
$1.40M

Owner & transaction history

since 2021
Last sale
$1.2M
5 recorded transactions
2021
$1.2M
2011
Price N/A
1999
Price N/A
1987
Price N/A
1987
Price N/A

Zoning & alternative use

B2 · Norwalk, CT
Top alternative use upside
Restaurant $1.3M +38.2%
Commercial (general) $1.2M +29.9%
Auto repair, garage $1.2M +25.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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