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Property profile & analytics
FOR LEASE
Showrooms
500 Summer St Stamford, CT 06901
Entity Owned
~
Est. High Equity
Property ID
US15-1226370
For Lease
1 / 2
$23.75 SF/Yr
500 Summer St, Stamford, CT 06901
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1960
Construction
STEEL FRAME
Total area
30,593 SF
Lot
0.36 ac (15,682 SF)
Zoning code
MZN
APN
STAM M:001 B:1749
UPID
US15-1226370
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
-
Daniel Warren Kerzner Alternative Medicine Practice
-
Eyebrow Threading Salon. Hair Salon Nail Salon
-
Win Local Advertising Agency Marketing & Advertising
-
World Internet, Inc. Tech Support Center IT Consulting Firm
-
Shockwave Cargo Corporate Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.97M
Owner & transaction history
500 Summer Street LLC
500 Summer Street LLC
since 2025
4 recorded transactions
Zoning & alternative use
MZN · Stamford, 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 Stamford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stamford 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
$130 / 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
$59,594
Tax year 2023
Assessed value
$2,230,330
Assessed 2023
Previous assessed
$2,466,920
-9.6% YoY
Effective rate
2.67%
On assessed value
Assessed land
$758,160
Assessed improvement
$1,472,170
Applied tax rate
112.0000
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
1960
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
6
Units
77
Total area
30,593 SF
Lot
0.36 ac (15,682 SF)
Zoning code
MZN
APN
STAM M:001 B:1749
UPID
US15-1226370
Jurisdiction
STAMFORD
Zoning & alternative use
MZN · Stamford, CT
Zoning MZN · permitted uses
MZN · Stamford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stamford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
6
Buildings
1
Units
77
Lot
0.36 ac
Current owner
From public records · entity-resolved
500 Summer Street LLC
Entity
Mailing address
233 ROBBINS LN, SYOSSET, NY 11791-6015
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2025
—
500 Summer Street LLC
Noury Hld LLC
Warranty Deed
$2,450,000 · Noury Holding LLC
Aug 18, 2006
$3,900,000
Noury Hldg LLC
Summer Street Plz LLC
Warranty Deed
—
May 10, 2005
$3,450,000
Summer Street Plz LLC
500 Summer Street LLC
Warranty Deed
—
Apr 20, 1992
$2,300,000
205 Church St Corp
R Ve Ptnrshp
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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