250 Danbury RdWilton, CT 06897

Property Details for 250 Danbury Rd

Year built

1792

Construction

FRAME

Lot size

0.90 AC

Property size (Sq ft)

2,471 SF

Zone code

R-1

Property type

Other commercial real estate

Property subtype

Showrooms

APN

WILT M:0057 B:022 L:00

APU

WILTM0057B022L00

Description

This exceptional Class A executive office building, located at 250 Danbury Road in Wilton, Connecticut, presents a unique investment opportunity. The property boasts 2,600 square feet of meticulously finished space spread across two stories. Inside, you'll find well-appointed offices, a dedicated conference room, a functional kitchen, restrooms, and ample administrative space. Modern communication systems are already in place. The building sits on a desirable 0.9-acre lot and includes a convenient on-site garage ideal for storage. Priced at $700,000, this property offers significant growth potential. Its prime location on Danbury Road provides easy access to the Merritt Parkway and Metro-North Railroad, as well as a variety of nearby amenities including banks, restaurants, and retail establishments. This is a truly impressive property

• CAP approach

  CAP return

  Valuation

  6%

  $600,539

  6.5%

  $554,344

  7%

  $514,748

• Comparable approach

  Method

  Valuation

  Relative Method

  $813,609

  Geo Method

  $813,609

• Alternative Use

  Use

  Valuation

  Residential

  $467,610

  Hospitality

  $428,328

  Educational

  $356,364

  Medical

  $368,620

  Retail

  $554,344

Location Insight

City

Wilton

County

Fairfield

State

Connecticut

Latitude

41.191

Longitude

-73.4271

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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