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Property profile & analytics
OFF-MARKET Estimated value $725,000
Showrooms

26 Fitch St Norwalk, CT 06855-1335

14,960 SF 0.58 ac lot Built 1950
Individually Owned 39-yr Hold ~ Est. High Equity
Property ID
US15-0148133
Property summary
AI-generated overview

This exceptional 1,247-square-foot single-tenant flex space at 26 Fitch Street in Norwalk, Connecticut, presents a unique opportunity for businesses seeking a versatile and conveniently located property. Built in 1950, this one-story building offers a 9-foot ceiling height and is zoned SD-LI. The property features ample parking, a significant advantage for employees and clients. A key feature is the inclusion of one loading dock, perfect for efficient loading and unloading of goods, complemented by a double door for truck access. The space is currently vacant and ready for immediate occupancy. Its excellent condition is highlighted by abundant natural light from numerous windows. The asking price is $20.00 per square foot, triple net ($3.00 NNN). This location boasts exceptional accessibility, situated just off Exit 16 of I-95, providing easy access to major highways. Furthermore, its proximity to the East Norwalk Train Station and a bus route enhances its appeal for employees and customers utilizing public transportation. The property is located in Fairfield County, Connecticut, with the full address being 26 Fitch Street, Norwalk, CT 06855. This versatile space is suitable for a variety of uses, including flex warehouse, flex office, or retail operations.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,960 SF
Lot 0.58 ac (25,200 SF)
Zoning code I1
APN NORW M:3 B:15 L:24
UPID US15-0148133
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
  • Rodriguez WoodWorks Production Facility Furniture & Home Goods
  • B & B Auto Body Auto Repair Shop
  • Rick's Main Roofing Ltd Roofing Company General Contractor
  • Direct Wholesale Home Decor Store Department Store
  • Chetwode Cabinetry LLC General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
$946k
Blend (final) Blend
$725k
Owner & transaction history
Richard Tavella · 39 yrs held
Richard Tavella
since 1987
5 recorded transactions
2013
Price N/A
2012
Price N/A
1998
Price N/A
1990
Price N/A
1987
$1.3M
Zoning & alternative use
I1 · Norwalk, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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