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Property profile & analytics
FOR LEASE
Commercial real estate

103 Mill Plain Rd Danbury, CT 06811

5,686 SF 0.42 ac lot Built 1890
Individually Owned 38-yr Hold ~ Est. High Equity
Property ID
US15-0679089
103 Mill Plain Rd, Danbury, CT 06811 For Lease
Contact for pricing 6,000 SF available
103 Mill Plain Rd, Danbury, CT 06811
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Property summary
AI-generated overview

This exceptional 1.1-acre redevelopment opportunity in Danbury, CT, boasts a prime location at the I-84, Exit 2B interchange on Mill Plain Road. The property features a 6,000 square foot office building (80% occupied) and a 95% occupied self-storage facility, both with short-term leases providing immediate cash flow. The site offers approximately 120 feet of road frontage at a signalized intersection, benefiting from high visibility and significant traffic volume: 20,000 vehicles daily on Mill Plain Road and 70,000 on I-84. The CA-80 zoning allows for diverse uses, making it ideal for various development projects. The property's strategic location near national retail chains, Danbury Fair Mall, and over 2,000 new residential units under development further enhances its potential. Additional nearby developments include a proposed hotel/restaurant and upscale grocery store. The minimum divisible space is 1,250 square feet, with a maximum contiguous space of 2,910 square feet. The two-story building is divided into four suites. This is a rare chance to acquire a highly desirable property with significant upside potential in a rapidly growing area.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1890
Construction FRAME
Total area 5,686 SF
Lot 0.42 ac (18,295 SF)
Zoning code CA80
APN DANB M:C14 L:62
UPID US15-0679089
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
Current use
Occupant on record · Public records
  • Appalachian Chiropractic Alternative Medicine Practice
  • Mill Plain Self Storage LLC Storage Facility
  • Scott Stampp @ Three 60 Partners Business Service Center
  • Alyson Halas Psychotherapy LLC Marriage Or Relationship Counselor Counselor
  • the cares group Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Nelson Poedhouser · 38 yrs held
Nelson Poedhouser
since 1988
1 recorded transaction
1988
Price N/A
Zoning & alternative use
CA80 · Danbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Zoning Regulations PDF
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