Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Wilton Office Space For Rent Title is generated by Realmo AI

    196 Danbury Rd, Wilton, CT 06897

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Second floor office space with kitchenette and private bathroom.

    Type:Office
    Property size:
    2,085 SF
    Added:
    Apr 6, 2022
    Days on Market:
    1521
    Last Refresh:
    May 12 at 9:58 pm

    Property Features for 196 Danbury Rd

    General Information

    Standard status
    Active
    Size
    2,085 SF
    Property subtype
    Office

    Spaces For Lease

    at 196 Danbury Rd Contact us

    We can help!

    Listing Contact
    Christopher Maglione

    Listing agent Christopher Maglione License #CT

    Listing office Hastings Real Estate

    Listing date Apr 6, 2022

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Hastings Real Estate

    HighLights

    • Convenient location near the center of town, Merritt Parkway, and I‑95 connector.
    • Ample parking available.
    • Includes a kitchenette and private bathroom.
    • Abundance of natural light.
    • 1,536+\/- R.S.F. office space.
    • Additional contiguous 2,085+\/- R.S.F. space available.

    Overview

    This second-floor office space offers 1,536 square feet and includes a kitchenette and a private bathroom. The space benefits from an abundance of natural light. An additional contiguous space of 2,085 square feet is also available. Located near the center of town and in close proximity to the Merritt Parkway and the I-95 connector, the property provides a peaceful environment with ample parking. The property consists of three separate buildings and is also available for sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Harbor Networks Telecommunications Service Gioffre & Gioffre Law Firm Global Innovations Big Box & Wholesale Store PositiveFamilyBehavior.com Social Service Agency Purple Frog Graphics ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilton
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.420184
    Latitude
    41.186121

    Nearby Similar for Lease

    • Sponsored
      $129-$5,694/Mo
      11-1,292 SF

      Wilton Executive

      15 River Rd, Unit 15B, Wilton, CT 06897
      View Details
    • $1,600/Mo
      1,500 SF

      Well-Maintained Second-Floor Office Suite

      Second-floor office suite with five private offices, reception, kitchen.
      5 Danbury Rd, Wilton, CT 06877
      View Details
    • $23 SF/Yr
      7,022 SF

      Wilton Office Space For Rent

      Windowed office space in South Wilton with loading dock.
      84 Danbury Road, Wilton, CT, 06897
      View Details
    • Contact for pricing
      11,250 SF

      Wilton Office Space for Lease

      Office space available with modern amenities in Wilton, Connecticut.
      50 Danbury Rd, Wilton, CT 06897
      View Details
    • $1,600/Mo
      4,221 SF

      Well-Maintained Second-Floor Office Suite

      Second-floor office suite featuring five private offices, reception, kitchen.
      5 Danbury Road, Wilton, CT 06877
      View Details
    • $32 SF/Yr
      1,205 SF

      Office Space on Danbury Road

      Office space for rent with easy access to Route 7.
      57 Danbury Road, Wilton, CT, 06897
      View Details
    • $12 SF/Yr
      4,300 SF

      Retail Space in Wilton Center

      4,300 SF retail space with 1,300 SF basement.
      35-39 Danbury Rd, Wilton, CT
      View Details
    • $900/Mo
      270 SF

      Wilton Retail Building For Rent

      270 SF freestanding building, formerly Wilton Post Office, for rent.
      146-148 Danbury Rd, Wilton, CT
      View Details
    • $14 SF/Yr

      Office Space Near YMCA

      Office space for lease, convenient location near transportation and amenities.
      644 Danbury Road, Wilton, CT, 06897
      View Details
    • $25 SF/Yr

      Office Space Near Transportation Hubs

      Convenient office space near Merritt Parkway, Route 7, and Metro-North.
      72 Danbury Road, Wilton, CT, 06897
      View Details
    • $25 SF/Yr
      2,750 SF

      Wilton Office Space For Rent

      Office space available near Merritt Parkway and Metro-North Trains.
      1 Grumman Hill Rd, Wilton, CT
      View Details
    • Contact for pricing
      10,935 SF

      Spacious Office Building with Amenities

      161,222 RSF office space with fitness center and auditorium.
      40 Danbury Rd, Wilton, CT
      View Details

    FAQs

    What type of property is this?
    Office units - Second floor office space with kitchenette and private bathroom.
    Where is this office units located?
    The property is located at 196 Danbury Rd Wilton, CT.
    What are key features of this property?
    This property features: Convenient location near the center of town, Merritt Parkway, and I‑95 connector.; Ample parking available.; Includes a kitchenette and private bathroom.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Christopher Maglione
    Real Estate License ID: CT
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    196 Danbury Rd, Wilton, CT 06897
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!