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    Property profile & analytics

    84 Washington St Norwalk, CT 06854

    • Commercial real estate
    • 2,784 SF
    For Sale
    View listing
    $750,000
    Value Estimation
    Location Intelligence
    Property ID
    US15-0644590
    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

    • Bandido Mexican Restaurant / Mexican Restaurant

    Property Details for 84 Washington St

    Year built
    1983
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    2,784 SF
    Zone code
    WSDD
    Property type
    Commercial real estate
    APN
    NORW M:2 B:43 L:3-C
    APU
    NORWM2B43L3C

    Description

    This exceptional 5,088 square foot commercial property at 84 Washington Street, Unit 84, Norwalk, CT, presents a prime investment opportunity. Currently leased until January 2028, this turnkey restaurant ensures a stable income stream for several years. The property boasts a highly desirable location in Norwalk's SONO district, known for its high foot traffic and vibrant atmosphere. The fully equipped kitchen, featuring 7-year-old appliances, is ready for immediate operation. Its strategic placement offers excellent visibility and accessibility, making it ideal for a variety of food service or retail businesses. The property's convenient location, minutes from the Norwalk waterfront and I-95, provides easy access for both customers and employees. Ample street parking and a nearby municipal lot further enhance its appeal. This is an outstanding chance to acquire a profitable, operational commercial space in a thriving Connecticut market. The property is priced at $875,000.

    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
    -73.418
    Latitude
    41.0988
    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
    $13,413
    $0.00
    $534,670
    $534,670
    -
    $0.00
    $0.00
    $0.00

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    84 Washington St
    Norwalk, CT 06854
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    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
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