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Property profile & analytics
OFF-MARKET
Showrooms

8 Van Tassell Ct Norwalk, CT 06851-3504

5,132 SF 0.14 ac lot Built 1946
Entity Owned Absentee Owner Free & Clear
Property ID
US15-0268124
Property summary
AI-generated overview

This exceptional investment opportunity presents three adjacent flex/industrial buildings totaling 11,052 rentable square feet situated on a 0.55-acre lot in Norwalk, Connecticut. The property, located at 5, 8, and 10 Van Tassell Court, enjoys a prime location off Main Street, with convenient access to I-95 and Route 15. Currently 100% occupied by three tenants, generating a substantial net operating income (NOI) of $186,218 and a 9.55% cap rate, this portfolio offers immediate cash flow. The buildings consist of one single-story structure at 5 Van Tassell Court (approximately 4,000 square feet) and a combined structure at 8 and 10 Van Tassell Court (approximately 7,052 square feet). The property is zoned B2 and features three dock-high doors. The current leases include a five-year option, providing long-term stability. This offering presents a compelling investment opportunity, suitable for both income generation and potential redevelopment, given its "covered land" status and completed environmental testing. The property's strategic location and strong tenant occupancy make it an attractive asset in the thriving Norwalk market. The asking price is $1,950,000.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1946
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,132 SF
Lot 0.14 ac (6,098 SF)
Zoning code B2
APN NORW M:1 B:105 L:25
UPID US15-0268124
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
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
Van Tassell LLC
Van Tassell LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
B2 · Norwalk, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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