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5, 8, & 10 Van Tassel Ct -Place Bids Now

3 Properties Offered at £1,530,732 in Norwalk, CT

Investment Highlights

  • $186,218 NOI 9.31% Cap Rate
  • “Covered land” redevelopment opportunity
  • Centrally located access to all major thoroughfares
  • Fully-leased in-place income
  • Environmental testing and reporting completed

Executive Summary

LAST CHANCE - Place bids by EOD Wed. 9/25
Avison Young, as exclusive broker is pleased to offer for sale three adjacent parcels of land located at 5, 8, & 10 Van Tassell
Court in the north end of Norwalk, CT. The three lots house three buildings on a total 0.55 acres of land with approximately
11,052 total rentable square feet.

Property Facts

Price £1,530,732
Price / SF £122.46 / SF
Net Initial Yield 9.55%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 12,500 SF
Total Land Area 0.53 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
10 Van Tassel Ct, Norwalk, CT 06851 Office 3,000 SF 1926 -
Fairfield Community Monuments
8 Van Tassell Ct, Norwalk, CT 06851
Industrial 5,500 SF 1946 -
5 Van Tassell Ct, Norwalk, CT 06851 Industrial 4,000 SF 1945 -
Show More > < Show Less
  • Listing ID: 27535464

  • Date on Market: 18/01/2023

  • Last Updated:

  • Address: 5, 8, & 10 Van Tassel Ct -Place Bids Now, Norwalk, CT

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