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Property profile & analytics
OFF-MARKET
Investment properties

558 Connecticut Ave Norwalk, CT 06854-1745

4,942 SF 0.13 ac lot Built 1985
Trust Owned 7-yr Hold Free & Clear
Property ID
US15-0735607
Property summary
AI-generated overview

This exceptional commercial property at 558 Connecticut Avenue in Norwalk, Connecticut, presents a rare opportunity for a small business owner-user. Situated on a 0.13-acre lot, this property boasts a prime location on US Route 1, experiencing high daily traffic exceeding 40,000 vehicles. The strategic placement ensures significant visibility and accessibility for any business. The property's immediate vicinity is anchored by established and successful businesses, including Home Depot, Burger King, Hoe Goods, Kohl's, and Raymour Flanigan, all within a 1,000-foot radius, creating a strong and desirable commercial environment. This location offers significant potential for attracting customers and building a thriving business. The property's projected return based on a pro-forma analysis indicates a compelling 7.25 percent return on investment, making it a financially attractive proposition. The asking price for this exceptional opportunity is $1,549,000. This is an ideal location for a business seeking high visibility, strong foot traffic, and a proven commercial environment. Don't miss this chance to secure a prime commercial space in a thriving Connecticut market. Contact us today to schedule a showing and explore the possibilities.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1985
Construction FRAME
Total area 4,942 SF
Lot 0.13 ac (5,663 SF)
Zoning code B2
APN NORW M:5 B:67 L:10
UPID US15-0735607
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
  • Michael's Cleaners (Bike/Boat/Book/etc) Store
  • Post Road Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
558 Ct Ave LLC Trust · 7 yrs held
558 Ct Ave LLC Trust
since 2018
5 recorded transactions
2018
Price N/A
2008
Price N/A
1995
$600,000
1995
Price N/A
1989
Price N/A
Zoning & alternative use
B2 · Norwalk, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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