Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    588 Main Ave Norwalk, CT 06851-1039

    • Retail space
    • 5,732 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 02, 2022
    Location Intelligence
    Property ID
    US15-0777374
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Subway / Fast Food Restaurant / Caterer
    • Mattress Firm Norwalk Wilton / Mattress Store / Bed Shop

    Property Details for 588 Main Ave

    Year built
    1967
    Lot size
    0.37 lot acres
    Property size
    5,732 SF
    Zone code
    B2
    Property type
    Retail space
    APN
    NORW M:5 B:22C L:16
    APU
    NORWM5B22CL16

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4208
    Latitude
    41.1578
    CBSA code
    14860
    CBSA name
    BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $30,444
    $616,490
    $593,470
    $1,209,960
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      11,000 SF

      517 Westport Ave

      RETAIL STORES (PERSONAL SERVICES) • 11,000 SF
      517 Westport Ave, Norwalk, CT 06851-4411
      View Details
    • Value Estimation
      $14,885,000
      13,117 SF

      445 Westport Ave

      RETAIL STORES (PERSONAL SERVICES) • 13,117 SF
      445 Westport Ave, Norwalk, CT 06851-4410
      View Details
    • Value Estimation
      $455,000
      638 SF

      323 Strawberry Hl Ave

      RETAIL STORES (PERSONAL SERVICES) • 638 SF
      323 Strawberry Hl Ave, Norwalk, CT 06851-4305
      View Details
    • Value Estimation
      $395,000
      2,496 SF

      584 Main Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,496 SF
      584 Main Ave, Norwalk, CT 06851-1039
      View Details
    • Value Estimation
      $200,000
      1,512 SF

      22 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 1,512 SF
      22 Broad St, Norwalk, CT 06851-6114
      View Details
    • Value Estimation
      $410,000
      3,658 SF

      11 Nn Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,658 SF
      11 Nn Ave, Norwalk, CT 06851-3842
      View Details

    Similar Nearby for Sale

    • $3,500,000

      Norwalk Retail Property For Sale

      Retail property for sale with existing tenant in Norwalk.
      391 Westport Ave, Norwalk, CT 06851
      View Details
    • $2,695,000
      5,009 SF

      Norwalk Retail Building For Sale

      5,009 SF retail building on a corner lot.
      594 Main Ave, Norwalk, CT 06851
      View Details
    • $1,250,000

      Fully Leased Retail Property

      Retail property with two tenants, being sold with adjacent property.
      318 Strawberry Hill Ave, Norwalk, CT 06851
      View Details
    • Contact for pricing
      3,892 SF

      69 Main ST

      Individual retail properties • 3,892 SF
      69 Main St, Norwalk, CT 06851
      View Details
    • $179,000

      Profitable Gas Station Opportunity

      Citgo gas station in high-traffic Norwalk location for sale.
      309 Main Ave, Norwalk, CT 06851
      View Details
    • Contact for pricing
      3,892 SF

      Retail Property in Norwalk, CT

      Retail property available for sale in Norwalk, Connecticut.
      69 Main St, Norwalk, CT 06851
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      2,380 SF

      Retail and Office Space Available

      Divisible retail and office spaces for lease with parking.
      430 Main Ave, Norwalk, CT 06851
      View Details
    • Contact for pricing
      13,890 SF

      Retail Space on Route 1

      Retail space with high visibility on Route 1.
      55 Westport Ave, Norwalk, CT 06851
      View Details
    • Contact for pricing
      7,400 SF

      Retail and Office Space Available

      Ground floor retail and second floor office space for rent.
      50 Cross St, Norwalk, CT 06851
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Shopping Center

      1,200 SF end cap in a busy shopping center.
      644 Main Ave, Norwalk, CT 06851
      View Details
    • $26 SF/Yr
      28,000 SF

      Norwalk Office/Retail Space

      Prime Norwalk location, 2,000 sq ft available.
      205 Main St, Norwalk, CT 06851
      View Details
    • $25 SF/Yr
      1,625 SF

      Norwalk Retail Space Available

      Retail space available for lease in Norwalk, Connecticut.
      345 Main Ave, Norwalk, CT 06851
      View Details

    Property Visit Statistics

    • Visits by month
      996
    • Visitors by month
      1.1k
    • Avg Time on site
      20 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    588 Main Ave
    Norwalk, CT 06851-1039
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.