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Property profile & analytics
OFF-MARKET
Office buildings

87 Taylor Ave Norwalk, CT 06854-2038

7,788 SF 0.46 ac lot Built 1988
Individually Owned 32-yr Hold ~ Est. High Equity
Property ID
US15-0641475
Property summary
AI-generated overview

This exceptional 7,788-square-foot industrial property at 87 Taylor Avenue in Norwalk, Connecticut, presents a unique investment opportunity. The building, constructed in 1988, is situated on a generous 4.6 acres of land and is zoned NB. Currently, 2,630 square feet of space is available for lease as a single tenant occupancy. This portion of the building features an 8' x 10' overhead door, providing convenient access for large equipment and materials. The space is further enhanced by a kitchenette and a half-bathroom, adding to its functionality and appeal. The property's location in Fairfield County offers excellent access to major transportation routes, making it an ideal location for businesses requiring efficient logistics. The asking rent is $19.40 per square foot, or $4,251.83 per month, plus utilities. The property's versatility makes it suitable for a variety of uses, particularly storage facilities and contractor businesses. This is a rare opportunity to secure a well-located, functional industrial space in a thriving Connecticut market. The property's size and features make it an attractive option for businesses seeking to expand or relocate. The ample land provides potential for future expansion or development.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Construction STEEL FRAME
Total area 7,788 SF
Lot 0.46 ac (20,038 SF)
Zoning code B2
APN NORW M:2 B:2 L:18
UPID US15-0641475
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tavello Rockne JR. · 32 yrs held
Tavello Rockne JR.
since 1994
3 recorded transactions
1994
Price N/A
1990
Price N/A
1989
Price N/A
Zoning & alternative use
B2 · Norwalk, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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