New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,215,000
Office buildings
69 Ee Ave Norwalk, CT 06851-4904
Entity Owned
3-yr Hold
Free & Clear
Property ID
US15-0715027
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Construction
STEEL FRAME
Total area
13,464 SF
Lot
0.93 ac (40,337 SF)
Zoning code
RB
APN
NORW M:1 B:71 L:27
UPID
US15-0715027
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
-
Lifestyle Lift Fairfield County Medical Clinic
-
Sarah McAllister, MD Physician
-
Dennis J. Mcallister, LCSW Foster Care Service Social Service Agency
-
McAllister Relationship Counseling Family Counselor
-
Dr. Eva Olah Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.36M
Blend (final)
Blend
$3.22M
Owner & transaction history
Tre 69 East LLC · 3 yrs held
Tre 69 East LLC
since 2022
Last sale
$3.2M
5 recorded transactions
Zoning & alternative use
RB · Norwalk, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.5M
+18.6%
Commercial (general)
$3.3M
+11.5%
Auto repair, garage
$3.1M
+7.9%
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
$3,270,000
ML approach
$3,195,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,915,000
Current use
RESTAURANT
$3,460,000
Change: +19% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,250,000
Change: +11% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,145,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$2,500,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$3.22M
Range $2.89M – $3.54M · ±10% · vs last sale $3.20M (Aug 3 2022)
Last sale anchor
$3.20M
Aug 3 2022
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
$239 / 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
$37,404
Tax year 2023
Assessed value
$1,491,040
Assessed 2023
Previous assessed
$1,491,040
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$841,460
Assessed improvement
$649,580
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 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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
3
Bathrooms
4
Total area
13,464 SF
Lot
0.93 ac (40,337 SF)
Zoning code
RB
APN
NORW M:1 B:71 L:27
UPID
US15-0715027
Jurisdiction
NORWALK
Zoning & alternative use
RB · Norwalk, CT
Zoning RB · permitted uses
RB · Norwalk, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norwalk. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.9M
RESTAURANT
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$3.1M
RETAIL STORES
Est. value
$2.5M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1971
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
3
Bathrooms
4
Lot
0.93 ac
Current owner
From public records · entity-resolved
Tre 69 East LLC
Entity
Free & Clear · 3 yrs held
Mailing address
69 EE AVE, NORWALK, CT 06851-4904
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2022
$3,200,000
Tre 69 East LLC
Komi Ventures LLC
Warranty Deed
—
Jun 19, 2017
—
Komi Ventures LLC
Ecp East Ave LLC
Warranty Deed
—
Jul 3, 2012
—
Ecp East Ave LLC
—
Deed Of Trust
related
$2,250,000 · First Niagara Bank
Sep 18, 2003
$2,600,000
65-69 East Ave LLC
J M Layton & Co INC
Warranty Deed
—
Aug 11, 1998
$1,890,000
Sig Acquistion Co INC
Jm Layton & Co INC
Warranty Deed
$1,890,000 · Citizens Savings Bank Ct
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?”
You own 69 Ee Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.