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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Investment properties
28 Bouton St Norwalk, CT 06854-3520
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US15-1078656
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,793 SF
Lot
0.17 ac (7,405 SF)
Zoning code
NB
APN
NORW M:2 B:68 L:4A
UPID
US15-1078656
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
-
Manny's Deli & Grocery Food Market Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$1.21M
Owner & transaction history
Wonsos Bs LLC · 5 yrs held
Wonsos Bs LLC
since 2020
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
NB · Norwalk, 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 Norwalk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norwalk 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
Method
Estimation
Statistic approach
$1,325,000
ML approach
$1,205,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,910,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$1.21M
Range $1.09M – $1.33M · ±10% · vs last sale $1.15M (Oct 1 2020)
Last sale anchor
$1.15M
Oct 1 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$138 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,562
Tax year 2023
Assessed value
$540,640
Assessed 2023
Previous assessed
$540,640
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$193,440
Assessed improvement
$347,200
Applied tax rate
129.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
7
Rooms
40
Bathrooms
5
Total area
8,793 SF
Lot
0.17 ac (7,405 SF)
Zoning code
NB
APN
NORW M:2 B:68 L:4A
UPID
US15-1078656
Jurisdiction
NORWALK
Zoning & alternative use
NB · Norwalk, CT
Zoning NB · permitted uses
NB · Norwalk, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norwalk. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.9M
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
7
Rooms
40
Bathrooms
5
Lot
0.17 ac
Current owner
From public records · entity-resolved
Wonsos Bs LLC
Entity
Mailing address
PO BOX 760, NORWALK, CT 06856-0760
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2020
$1,150,000
Wonsos Bs LLC
Abm 28 Bouton LLC
Warranty Deed
$747,500 · Dr Bank
Apr 26, 2011
—
Das 28 Bouton LLC
—
Deed Of Trust
related
$440,000 · Webster Bank
Sep 9, 2009
$1
Abm 28 Bouton LLC
Atrevida Opper Fund 1 LLC
Warranty Deed
—
Mar 29, 2005
$600,000
USA
T For Public Land
Warranty Deed
—
Mar 24, 2005
$600,000
T For Public Land INC
Norwalk Seaport Assoc
Warranty Deed
—
Jan 19, 2005
$646,000
Abm 28 Bouton LLC
USA
Warranty Deed
$500,000 · Cornerstone Bank
May 11, 1995
—
Leslie Mann
—
Deed Of Trust
related
$13,692 · Asset Based Lndg Corp
Jul 6, 1994
$320,000
Leslie Mann
Nichols,carole
Warranty Deed
$160,000 · Zenon Grzybowski
Jul 6, 1994
—
Leslie Mann
—
Deed Of Trust
related
$60,000 · Zenon Grzybowski
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.
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