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Approved Residential Apartment Site
For Sale
$895,000

97 Elm St, Danbury, CT 06810

Level, approved lot for a planned 21-unit apartment complex with off-street parking and city utilities available.

Property SizeContact for details
Lot Size0.97 Acres
Days on Market183

Property Features for 97 Elm St

General Information

Standard status Active
Total Parking Spaces 38
Lot size 0.97 Acres
Property subtype Commercial Land Development
Zoning RH-3

Additional Details

Utilities to Site Yes
Multifamily Units 21
Listing Agency: Tower Realty Corporation
Listed By: Thomas Consalvo
Source: Thebrokerlist
Added: Feb 18 Changed: Aug 8 Last Checked: Apr 8 at 10:53AM

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 Tower Realty Corporation

Investment Insights

Based on property information with market context.

This level .967-acre property is approved for development of a 21-unit apartment complex. The approvals include 8 two-bedroom units, 8 one-bedroom units, and 5 efficiency units. Plans are available upon request.

The property is zoned RH-3 (Residential). City water, sewer, and gas are available, supporting straightforward utility service for the proposed development. The site includes 38 off-street parking spaces.

Approvals, zoning details, and development plans are available for review, with additional documentation provided upon request.

Key Highlights

  • Approved level lot for a planned 21‑unit apartment complex
  • Unit mix approved: 8 two‑bedroom units, 8 one‑bedroom units, and 5 efficiency units
  • Zoned RH‑3 (Residential)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Garden Center Furniture & Home Goods Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,680
Businesses Nearby

Demographics for 06810, CT

55,200
Population
22,128
Households
2.5
Avg Household Size
37
Median Age
31%
College-Educated
82%
High-School Grad
20.9 sq mi
ZIP Area
2,641
Density / Sq Mi
$74,373
Median Household Income
$42,425
Median Earnings
$1,816
Median Rent
$351,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Level, approved lot for a planned 21-unit apartment complex with off-street parking and city utilities available.
Where is this residential land & home lot located?
The property is located at 97 Elm St Danbury, CT.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Approved level lot for a planned 21‑unit apartment complex; Unit mix approved: 8 two‑bedroom units, 8 one‑bedroom units, and 5 efficiency units; Zoned RH‑3 (Residential)
More about this property
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