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Property profile & analytics
OFF-MARKET
Estimated value
$1,730,000
Specialty properties
490 Westport Ave Norwalk, CT 06851-4424
Entity Owned
18-yr Hold
Free & Clear
Property ID
US15-0556632
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1974
Construction
STEEL FRAME
Total area
45,502 SF
Lot
1.96 ac (85,362 SF)
Zoning code
B2
APN
NORW M:5 B:8 L:41
UPID
US15-0556632
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
-
INTENSITY Academy Tutoring Service Sports School
-
Advanced Therapy and Performance Medical Clinic Physician
-
Intensity Racquet Club Gym & Fitness Center Sports Field & Court
-
Cheryl Blenk Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.73M
Owner & transaction history
Sackett Norwalk 490 LLC · 18 yrs held
Sackett Norwalk 490 LLC
since 2007
7 recorded transactions
Zoning & alternative use
B2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$38 / 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
$120,859
Tax year 2023
Assessed value
$4,803,430
Assessed 2023
Previous assessed
$4,803,430
+0.0% YoY
Effective rate
2.52%
On assessed value
Assessed land
$2,494,720
Assessed improvement
$2,308,710
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
Similar Nearby for Lease
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1974
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
7
Total area
45,502 SF
Lot
1.96 ac (85,362 SF)
Zoning code
B2
APN
NORW M:5 B:8 L:41
UPID
US15-0556632
Jurisdiction
NORWALK
Zoning & alternative use
B2 · Norwalk, CT
Zoning B2 · permitted uses
B2 · 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.
Building & site characteristics
From public records
Year built
1974
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
7
Lot
1.96 ac
Current owner
From public records · entity-resolved
Sackett Norwalk 490 LLC
Entity
Free & Clear · 18 yrs held
Mailing address
276 POST RD E #201, WESTPORT, CT 06880-3614
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2014
—
Sackett Norwalk 490 LLC
—
Grant Deed
related
$4,150,000 · Bankwell Bank
Jul 29, 2011
—
Sackett Norwalk 490 LLC
—
Deed Of Trust
related
$5,950,000 · The Bank Of New Cannon
Oct 2, 2007
$8,000,000
Sackett Norwalk 490 LLC
Nrc Realty LLC
Warranty Deed
—
Oct 2, 2007
$1
Sackett Norwalk 490 LLC
Nrc Realty LLC
Grant Deed
related
—
Oct 2, 2007
—
Sackett Norwalk 490 LLC
—
Deed Of Trust
related
$5,400,000 · Trans America Accidnt
May 11, 2000
—
Nrc Realty LLC
—
Deed Of Trust
related
$1,800,000 · Patriot Bank NA
Oct 4, 1989
—
Nrc Realty
—
Deed Of Trust
related
$1,080,000 · Peoples Bank
May 27, 1988
—
N R C Realty
—
Deed Of Trust
related
$400,000 · Norwalk Bank
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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