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Property profile & analytics
OFF-MARKET
Estimated value
$2,490,000
Showrooms
55 Walls Dr Fairfield, CT 06824-5180
Individually Owned
38-yr Hold
~
Est. High Equity
Property ID
US15-1000697
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1988
Construction
STEEL FRAME
Total area
54,680 SF
Lot
1.76 ac (76,665 SF)
Zoning code
DCD
APN
FAIR M:141 B:97
UPID
US15-1000697
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
-
Center For Pediatric Therapy Medical Clinic
-
The Giving Back Foundation Charitable Organization
-
Allergy & Asthma Care of Fairfield County, LLC: Physician Medical Clinic
-
Dr. Irena Veksler-Offengenden, MD Physician Medical Clinic
-
Dr. Katherine A. Bloom, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.49M
Owner & transaction history
Robert D Scinto · 38 yrs held
Robert D Scinto
since 1987
7 recorded transactions
Zoning & alternative use
DCD · Fairfield, 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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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
$46 / 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
$205,033
Tax year 2023
Assessed value
$7,453,040
Assessed 2023
Previous assessed
$7,453,040
+0.0% YoY
Effective rate
2.75%
On assessed value
Assessed land
$1,015,840
Assessed improvement
$6,437,200
Applied tax rate
104.0000
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
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
8
Total area
54,680 SF
Lot
1.76 ac (76,665 SF)
Zoning code
DCD
APN
FAIR M:141 B:97
UPID
US15-1000697
Jurisdiction
FAIRFIELD
Zoning & alternative use
DCD · Fairfield, CT
Zoning DCD · permitted uses
DCD · Fairfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
8
Lot
1.76 ac
Current owner
From public records · entity-resolved
Robert D Scinto
Individual
Mailing address
1 CORPORATE DR, SHELTON, CT 06484-6208
Ownership since
1987
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2009
—
55 Walls Drive LLC
—
Deed Of Trust
related
$7,920,000 · Peoples Bank
Jun 2, 2003
—
55 Walls Drive LLC
—
Deed Of Trust
related
$5,000,000 · Peoples Bank
Jul 21, 1989
—
Robert D Scinto
—
Deed Of Trust
related
$7,000,000 · Zuckerman Family Nomi
Jan 1, 1988
—
Robert D Scinto
—
Deed Of Trust
related
$6,000,000 · Connecticut Bank & Trust
Dec 2, 1987
$2,358,300
Robert D Scinto
Peck,arnold
Grant Deed
—
Oct 8, 1987
$2,245,000
Robert K Lessler
Walls Drive Assoc
Grant Deed
—
Jun 30, 1987
—
Assoc LP Walls
—
Deed Of Trust
related
$150,000 · Connecticut Bank & Trust
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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