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Property profile & analytics
FOR LEASE
Showrooms
5 Seir Hill Rd Norwalk, CT 06850
Individually Owned
26-yr Hold
~
Est. High Equity
Property ID
US15-0874342
For Lease
1 / 13
Contact for pricing
5 Seir Hill Rd, Norwalk, CT 06850
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Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1979
Construction
STEEL FRAME
Total area
8,415 SF
Lot
0.4 ac (17,424 SF)
Zoning code
B2
APN
NORW M:5 B:40 L:51
UPID
US15-0874342
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
-
Autopart International Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$921k
Blend (final)
Blend
$940k
Owner & transaction history
Colm Lalor · 26 yrs held
Colm Lalor
since 2000
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±10%
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
$112 / 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
$14,354
Tax year 2023
Assessed value
$570,490
Assessed 2023
Previous assessed
$570,490
+0.0% YoY
Effective rate
2.52%
On assessed value
Assessed land
$519,130
Assessed improvement
$51,360
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1979
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
5
Total area
8,415 SF
Lot
0.4 ac (17,424 SF)
Zoning code
B2
APN
NORW M:5 B:40 L:51
UPID
US15-0874342
Jurisdiction
NORWALK
Zoning & alternative use
B2 · Norwalk, CTZoning B2 · permitted uses
B2 · Norwalk, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
5
Lot
0.4 ac
Current owner
From public records · entity-resolved
Colm Lalor
Individual
Mailing address
PO BOX 692, NORWALK, CT 06852-0692
Ownership since
2000
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
Jan 25, 2021
—
Seir Hill LLC
—
Deed
related
$665,000 · Dr Bank
Dec 20, 2018
—
Seir Hill LLC
—
Deed
related
$675,000 · Bankwell Bank
Nov 21, 2017
—
Michael Lamagna
—
Deed
related
$152,800 · Quicken Lns
May 26, 2000
$205,000
Colm Lalor
Hough,john D
Warranty Deed
$181,800 · Wmc Mortgage Corp
Mar 23, 1994
—
Realty Dunlop
—
Deed Of Trust
related
$200,000 · Peoples Bank
Jun 7, 1989
—
Stanley Goldberg
—
Deed Of Trust
related
$200,000 · Merchants Bank & Trust Co
Feb 15, 1989
$271,000
Stanley Goldberg
Diprospero,michael
Grant Deed
—
Jun 16, 1987
—
John Hough
—
Deed Of Trust
related
$500,000 · Connecticut National Bank
—
—
Michael Lamagna
—
Deed Of Trust
related
$152,800 · Quicken Lns
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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