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    Property profile & analytics

    103 Mill Plain Rd Danbury, CT 06811

    • Commercial real estate
    • 5,686 SF
    • 0.42 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    $415,000
    Location Intelligence
    Property ID
    US15-0679089
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Appalachian Chiropractic / Chiropractor
    • Mill Plain Self Storage LLC / Self-Storage Facility / Records Storage Facility
    • Scott Stampp @ Three 60 Partners / Business Development Service / Financial Consultant
    • Alyson Halas Psychotherapy LLC / Social Worker / Marriage Or Relationship Counselor
    • the cares group / Addiction Treatment Center

    Property Details for 103 Mill Plain Rd

    Year built
    1890
    Construction
    FRAME
    Lot size
    0.42 lot acres
    Property size
    5,686 SF
    Zone code
    CA80
    Property type
    Commercial real estate
    APN
    DANB M:C14 L:62
    APU
    DANBMC14L62

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Danbury
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.5192
    Latitude
    41.3931
    CBSA code
    14860
    CBSA name
    BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,291
    $419,720
    $192,850
    $612,570
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,758 SF

      19 Padanaram Rd

      COMMERCIAL (GENERAL) • 5,758 SF
      19 Padanaram Rd, Danbury, CT 06811-4816
      View Details
    • Value Estimation
      $1,340,000
      6,656 SF

      28 Ml Pln Rd

      COMMERCIAL (GENERAL) • 6,656 SF
      28 Ml Pln Rd, Danbury, CT 06811
      View Details
    • Value Estimation
      $1,385,000
      11,836 SF

      12 Ml Pln Rd

      COMMERCIAL (GENERAL) • 11,836 SF
      12 Ml Pln Rd, Danbury, CT 06811-5135
      View Details
    • Value Estimation by Request
      7,352 SF

      85 Ml Pln Rd

      COMMERCIAL (GENERAL) • 7,352 SF
      85 Ml Pln Rd, Danbury, CT 06811-5133
      View Details
    • Value Estimation by Request
      2,132 SF

      17 Ml Pln Rd

      COMMERCIAL (GENERAL) • 2,132 SF
      17 Ml Pln Rd, Danbury, CT 06811-5138
      View Details
    • Value Estimation by Request
      1,890 SF

      113 Nn St

      COMMERCIAL (GENERAL) • 1,890 SF
      113 Nn St, Danbury, CT 06811-5606
      View Details

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    Similar Nearby for Lease

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      Danbury Office Space for Lease

      Prime Westside Danbury Office Suites
      103 Mill Plain Rd, Danbury, CT 06811
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      Danbury Office Redevelopment Opportunity

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    • Contact for pricing
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      Retail Space Near I-84

      Retail space available near I-84, Stew Leonard’s, and Walgreens.
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    • Contact for pricing
      2,000 SF

      Retail Space Near I-84

      Retail space with high traffic counts and easy highway access.
      1 Padanaram Rd, Danbury, CT 06811
      View Details
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    103 Mill Plain Rd
    Danbury, CT 06811
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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
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