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Property profile & analytics
OFF-MARKET
Parking lots & garages
71 Aiken St 11 Norwalk, CT 06851-2157
Individually Owned
24-yr Hold
Free & Clear
Property ID
US15-0892173
Property profile
Verified
Property type
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Zoning code
C
APN
NORW M:5 B:21 L:382-1-1
UPID
US15-0892173
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
-
Empire Trucking Co Trucking Company
-
eTuitive LLC Advertising Agency Marketing & Advertising
-
Winnipauk Condominium Complex
-
G11 Condominium Complex
-
Prime Pest Control LLC Garden Center
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
Joanne Falcone · 24 yrs held
Joanne Falcone
since 2001
7 recorded transactions
Zoning & alternative use
C · Norwalk, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$258
Tax year 2023
Assessed value
$10,330
Assessed 2023
Previous assessed
$10,330
+0.0% YoY
Effective rate
2.50%
On assessed value
Assessed improvement
$10,330
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
Parking lots & garages
Use group
RESIDENTIAL PARKING GARAGE
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
1
Zoning code
C
APN
NORW M:5 B:21 L:382-1-1
UPID
US15-0892173
Jurisdiction
NORWALK
Zoning & alternative use
C · Norwalk, CT
Zoning C · permitted uses
C · 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.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
1
Current owner
From public records · entity-resolved
Joanne Falcone
Individual
Free & Clear · 24 yrs held
Mailing address
15 AUBURN ST, NORWALK, CT 06854-4003
Ownership since
2001
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
Jan 11, 2008
—
James L Vernocchi
—
Deed Of Trust
related
$39,500 · J P Morgan Chase Bank
Jul 12, 2006
—
Bruce T Moore JR.
—
Deed Of Trust
related
$35,550 · J P Morgan Chase Bank
Sep 24, 2001
$8,000
Joanne Falcone
Page,arthur
Warranty Deed
—
Jun 13, 2001
—
Paul J Hughes JR.
—
Deed Of Trust
related
$209,000 · World Savings Bank
Apr 2, 1996
$141,000
Jeffrey Q Chu
Citicorp Mortgage INC
Warranty Deed
$130,000 · Bancboston Mtg Corp
Jun 28, 1995
$157,000
Tory A Sullivan
Weiss,jeffrey
Warranty Deed
$125,000 · Sears Mortgage Corp
Oct 20, 1988
$133,000
Frank Gabriele
Kenworth,michael
Grant Deed
$118,000 · Columbia Fed Svgs Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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