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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Investment properties
83 Wall St Norwalk, CT 06850-3419
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US15-0552210
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,401 SF
Lot
0.15 ac (6,383 SF)
Zoning code
CBDA
APN
NORW M:1 B:29 L:8
UPID
US15-0552210
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
-
Ria Money Transfer Agent Bank Credit Union
-
Cy Nest Solutions Llc IT Consulting Firm (Bike/Boat/Book/etc) Store
-
HI Tek Wireless Mobile Phone Store Electronics & Wireless Store
-
Alma Bistro, Cocina Latina Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$970k
Owner & transaction history
Opportunity Wall Street · 8 yrs held
Opportunity Wall Street
since 2018
6 recorded transactions
Zoning & alternative use
CBDA · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,610,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±10%
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
$131 / 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
$16,056
Tax year 2023
Assessed value
$640,030
Assessed 2023
Previous assessed
$640,030
+0.0% YoY
Effective rate
2.51%
On assessed value
Assessed land
$247,140
Assessed improvement
$392,890
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 Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
8
Bathrooms
9
Total area
7,401 SF
Lot
0.15 ac (6,383 SF)
Zoning code
CBDA
APN
NORW M:1 B:29 L:8
UPID
US15-0552210
Jurisdiction
NORWALK
Zoning & alternative use
CBDA · Norwalk, CT
Zoning CBDA · permitted uses
CBDA · 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
Est. value
$1.6M
OFFICE BUILDING
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
1927
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
8
Bathrooms
9
Lot
0.15 ac
Current owner
From public records · entity-resolved
Opportunity Wall Street
Individual
Mailing address
11 BELDEN AVE STE, NORWALK, CT 06850-3355
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2024
—
Weall St Opportunity Fund
—
Deed
related
$975,000 · Fairfield County Bank
May 31, 2018
—
Opportunity Wall Street
Ilsr Owners LLC
Quit Claim Deed
related
—
Aug 3, 2015
—
Ilsr Owners LLC
Poko Iwsr Developers L
Warranty Deed
—
Jan 9, 2008
$1,000,000
Poko Lwsr Developers LLC
83 Wall Street LLC
Warranty Deed
$6,730,000 · Citicorp USA Corp
Jan 9, 2008
—
Poko Lwsr Developers LLC
—
Deed Of Trust
related
$1,650,000 · Worth Funding INC
—
—
Mc Credit LLC
—
Deed Of Trust
related
$5,800,000 · Ilsr Owners LLC
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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