Property profile

28 Knight St Norwalk, CT 06851

FOR LEASE
Office buildings
Property ID
US15-0536594
17,205 SF 0.67 ac lot Built 1923
Entity Owned 4-yr Hold Free & Clear
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28 Knight St, Norwalk, CT 06851 For Lease
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28 Knight St, Norwalk, CT 06851
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Property summary

AI-generated overview

This exceptional office space at 28 Knight Street in Norwalk, Connecticut offers a fantastic opportunity for businesses seeking flexible and conveniently located office solutions. The property, classified as a Class C building in Fairfield County, features multiple suites available within a single building. Individual suites range in size from a minimum of 1,760 square feet to a maximum contiguous space of 1,760 square feet, although the marketing materials indicate that smaller spaces (667-2333 sq ft) may be available through sub-division. The building is ideally situated for easy access to both I-95 and the Merritt Parkway, providing excellent commuting options for employees and clients. Its location also offers the added benefit of proximity to a variety of shops and restaurants, enhancing convenience and employee satisfaction. On-site parking is available. The property is categorized as both Executive and Traditional Office space, catering to a diverse range of business needs. The zip code is 06851.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1923
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 17,205 SF
Lot 0.67 ac (29,185 SF)
Zoning code I1
APN NORW M:1 B:68 L:13
UPID US15-0536594

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
  • Home Decor Store Department Store
  • Cafe & Coffee Shop Specialty Food Shop
  • Sustainability Organization
  • Wheelchair Repair Service Service Establishment

Location

28 Knight St Norwalk, CT 06851
Norwalk metro Census 43700 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$855k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
1995
Price N/A

Zoning & alternative use

I1 · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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