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    40A Payne Rd Danbury, CT 06810

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    For Sale
    $745,000

    Industrial property in IG-80 district, suitable for various operations.

    Property size:
    2,982 SF
    Lot size:
    0.98 Acres

    Property Features for 40A Payne Rd

    General Information

    Size
    2,982 SF
    Lot size
    0.98 Acres

    Source: Scalzo Agent Jessica Ganser

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

    Overview

    Danbury Industrial/Mixed-Use Opportunity

    Located at 40A Payne Rd in Danbury, CT, this industrial property offers 2,982 square feet of space suitable for industrial or mixed-use purposes. The property is located in the IG-80 zoning district, which permits a range of industrial activities, including manufacturing, assembly, automotive, metal work, distribution truck hub, storage, and processing operations. The zoning compliance aligns with permitted uses for industrial activities, reducing the need for zoning variances or special exceptions. The area is equipped with the necessary infrastructure to support industrial operations, including transportation access and utilities. Given the property's location and zoning, it is well-suited for industrial development. There is a growing demand for industrial and automotive spaces in the region, making this property attractive to potential buyers seeking such facilities. This zone has many users and is highly desirable to industrial and residential renters.
    Location Intelligence

    Current Use by Public Records

    David Tinker Excavating Excavating Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Danbury
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4016648
    Latitude
    41.4029366

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    FAQs

    What type of property is this?
    Industrial property - Industrial property in IG-80 district, suitable for various operations.
    Where is this industrial property located?
    The property is located at 40A Payne Rd Danbury, CT.
    What is the asking price?
    The asking price for this property is $745,000.
    What are key features of this property?
    This property features: - Zoned IG-80, compliant with permitted uses for industrial activities.; - **Suits manufacturing, assembly, automotive, metal work, distribution truck hub, storage and processing operations.**; - High demand for industrial and automotive spaces in the region.
    (203) 733-8042
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    40A Payne Rd Danbury, CT 06810
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    Danbury, CT 06810
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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
    40A Payne Rd Danbury, CT 06810
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