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    60 Katona Dr Fairfield, CT 06824

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    For Sale
    $2,500,000

    Two-story building with approved plans for 18-unit apartment conversion.

    Property size:
    18,343 SF
    Lot size:
    0.89 Acres

    Property Features for 60 Katona Dr

    General Information

    Size
    18,343 SF
    Lot size
    0.89 Acres

    Source: Baldwin Pearson & Company, Inc. Agent George Shawah, Jr

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Approved Apartment Conversion Plans Included

    The property, currently a two-story building, spans approximately 18,343 square feet and is situated on a 0.88-acre lot. It is being sold with approved plans to convert the property into an 18-unit apartment building. The completed project is planned to be 2.5 stories and will feature 14 one-bedroom apartments, 2 two-bedroom apartments, and 2 studios. The property includes two large parking lots. Plans are available upon request.
    Insight Report Location Intelligence

    Current Use by Public Records

    Baillie & Hershman Real Estate Attorney Perfect Smiles of Fairfield Dentist Cuoco Structural Engineers, ... Structural Engineer Bridget Perry, Ph.D. Psychologist German Annette Dentist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.2471316
    Latitude
    41.1792177

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    FAQs

    What type of property is this?
    Apartment building - Two-story building with approved plans for 18-unit apartment conversion.
    Where is this apartment building located?
    The property is located at 60 Katona Dr Fairfield, CT.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Approved plans for conversion to an 18-unit apartment building.; - Large property size: 18,343 square feet on 0.88 acres.; - Planned unit mix: 14 one-bedroom, 2 two-bedroom, and 2 studio apartments.
    (203) 335-5117
    Request Owner's contact information
    60 Katona Dr Fairfield, CT 06824
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    Fairfield, CT 06824
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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
    60 Katona Dr Fairfield, CT 06824
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