Entity Owned Property summary
AI-generated overview
Located in the Wall Street commercial district of Norwalk, Connecticut, this 1,243 sq. ft. commercial space is situated among restaurants, boutiques, creative studios, and entertainment venues, within an area that draws pedestrian activity from nearby residential developments and local cultural and civic destinations including District Music Hall and the Norwalk Public Library. The space includes one bathroom and is configured to support a range of customer-facing or professional uses, including office, retail, professional services, creative studio, or other client-based businesses. The property provides access to major regional transportation routes, including I-95 and Route 7, and proximity to the SoNo train station, with reported Walk Score of 82 (very walkable), Bike Score of 64 (bikeable), and Transit Score of 54 (good transit).
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1860
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,243 SF
Lot
0.03 ac (1,307 SF)
Zoning code
CBDA
APN
NORW M:1 B:29 L:39
UPID
US15-0468015
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$300k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$300k
Owner & transaction history
since 2024
Last sale
$300,000
4 recorded transactions
Zoning & alternative use
CBDA · Norwalk, CT
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$300k
Value range
$270k – $330k
±10% around blend
Estimated value / SF
$241 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
40
$270k
blend $300k
$330k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,243 SF
Lot area
0.03 ac
Year built
1860
Stories
1
APN
NORW M:1 B:29 L:39
Zoning
CBDA
Assessed value
$161,330
Annual tax
$4,047
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$201k
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
15.7 mi away · 1,392 SF
22.6 mi away · 1,360 SF
22.6 mi away · 1,200 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$300k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 35 sales
$217
+11%
County 284 sales
$174
+38%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $241/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$300k
Move the market yield to see immediate price impact.
Value / SF
$241
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$19k
$378k
$270k
$210k
$21k
$420k
$300k
$233k
$23k
$462k
$330k
$257k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$208k
15.6 mi · Jan 2026 · $152/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,047
Tax year 2023
Assessed value
$161,330
Assessed 2023
Previous assessed
$161,330
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$75,290
Assessed improvement
$86,040
Applied tax rate
129.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1860
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
1
Total area
1,243 SF
Lot
0.03 ac (1,307 SF)
Zoning code
CBDA
APN
NORW M:1 B:29 L:39
UPID
US15-0468015
Jurisdiction
NORWALK
Zoning & alternative use
CBDA · Norwalk, CTZoning CBDA · permitted uses
CBDA · Norwalk, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1860
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
1
Lot
0.03 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CBDA
Jurisdiction
Norwalk, CT
Recorded code
CBDA
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBDA in Norwalk, CT.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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