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    Property profile & analytics

    97 Washington St Norwalk, CT 06854-3081

    • Retail space
    • 4,050 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $905,000
    Last Sale
    Jan 25, 2021
    $800,000
    Location Intelligence
    Property ID
    US15-0377137
    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

    • Law Offices of Charles Kurmay / Law Firm
    • SOHObar / Wine Bar
    • SOHO COFFE & JUICE / Cafe

    Property Details for 97 Washington St

    Year built
    1910
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.06 lot acres
    Property size
    4,050 SF
    Zone code
    WSDD
    Property type
    Retail space
    APN
    NORW M:2 B:24 L:23
    APU
    NORWM2B24L23

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $910,000

    • CAP approach

      CAP return
      Estimation
      6%
      $900,000
      6.5%
      $855,000
      7%
      $835,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $955,000
      Geo Method
      $970,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $865,000
      Retail
      $735,000
      Mixed-Use
      $720,000
      Hospitality
      $965,000
      Educational
      $690,000
      Residential Income
      $885,000
      Energy
      $725,000
      Income-Based Land
      $940,000
      Food Service
      $800,000

    Location Insight

    • Map
    • Local Demand
    City
    Norwalk
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4178
    Latitude
    41.0992
    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
    $12,525
    $233,770
    $265,500
    $499,270
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,599 SF

      561 Connecticut Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,599 SF
      561 Connecticut Ave, Norwalk, CT 06854-1711
      View Details
    • Value Estimation by Request
      26,460 SF

      189 Connecticut Ave

      RETAIL STORES (PERSONAL SERVICES) • 26,460 SF
      189 Connecticut Ave, Norwalk, CT 06854-1961
      View Details
    • Value Estimation
      $250,000
      2,060 SF

      133 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,060 SF
      133 Main St, Norwalk, CT 06854-3650
      View Details
    • Value Estimation
      $395,000
      6,671 SF

      145 Cedar St

      RETAIL STORES (PERSONAL SERVICES) • 6,671 SF
      145 Cedar St, Norwalk, CT 06854-1918
      View Details
    • Value Estimation by Request
      12,772 SF

      57 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 12,772 SF
      57 Washington St, Norwalk, CT 06854-2704
      View Details
    • Value Estimation by Request
      28,205 SF

      28 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 28,205 SF
      28 Washington St, Norwalk, CT 06854-2705
      View Details

    Similar Nearby for Sale

    • $5,000,000

      Norwalk Retail Property For Sale

      Retail property in high-traffic area of South Norwalk.
      9-15 Washington St, Norwalk, CT 06854
      View Details
    • $5,300,000

      Norwalk Mixed-Use Investment Opportunity

      37,000 SF mixed-use property in vibrant South Norwalk.
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    • $429,900
      1,399 SF

      Turnkey Salon/Barbershop in South Norwalk

      Remodeled salon/barbershop in a prime, high-traffic South Norwalk location.
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    • $2,500,000
      11,500 SF

      Norwalk Warehouse and Retail Buildings

      Two buildings totaling 11,500 SF on 0.59 acres.
      143-145 W Cedar St, Norwalk, CT 06854
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    • $5,000,000

      Retail Space in South Norwalk

      Commercial property in vibrant South Norwalk retail district for sale.
      5-7 Washington St, Norwalk, CT 06854
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    • $1,549,000
      5,662 SF

      Norwalk Retail Opportunity on US 1

      Retail property on US 1 in Norwalk available for sale.
      558 Connecticut Ave, Norwalk, CT 06854
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    Similar Nearby for Lease

    • Contact for pricing
      1,226 SF

      Norwalk Retail Space Available

      Retail spaces available in Norwalk, CT, ranging from 1,226-3,100± SF.
      515 Avenue W, Norwalk, CT 06854
      View Details
    • Contact for pricing
      5,368 SF

      Retail Space in Historic District

      Retail space in a landmarked community with high foot traffic.
      126 Washington St, Norwalk, CT 06854
      View Details
    • Contact for pricing
      755 SF

      Boutique Retail Space Available

      755 SF retail space suitable for various business concepts.
      127 Washington St, Norwalk, CT 06854
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    • Contact for pricing
      4,637 SF

      Prime SoNo Retail Space

      4,637 SF Flagship Retail in Norwalk, CT
      123 Washington St, Norwalk, CT 06854
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    • $1,500 /Mo
      505 SF

      Remodeled Retail/Office Space Available

      Recently remodeled retail/office space with private restroom, 505 SF.
      5 Cliff St, Norwalk, CT 06854
      View Details
    • Contact for pricing
      4,400 SF

      Retail Space Near Wegmans

      4,400 SF retail space in high-traffic area.
      677 Connecticut Ave, Norwalk, CT 06854
      View Details
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    97 Washington St
    Norwalk, CT 06854-3081
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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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