Property profile

197 Westport Ave Norwalk, CT 06851

OFF-MARKET
Investment properties
Property ID
US15-0980481
5,190 SF 0.17 ac lot Built 1900
Individually Owned 33-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 5,190 SF
Lot 0.17 ac (7,405 SF)
Zoning code B2
APN NORW M:5 B:10 L:131
UPID US15-0980481

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
  • Grocery & Convenience Store

Location

197 Westport Ave Norwalk, CT 06851-4139
Norwalk metro Census 42800 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 1993
1 recorded transaction
1993
$255,000

Zoning & alternative use

B2 · Norwalk, CT

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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