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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Manufacturing properties
10 Precision Rd, Danbury, CT 06810-2309
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-0474143
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
40,372 SF
Lot
2.47 ac (107,593 SF)
Zoning code
IL40
APN
DANB M:E17 L:89
UPID
US15-0474143
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
-
Zumba Get Fit Gym & Fitness Center
-
Performance Rigging Solutions Industrial Manufacturer Production Facility
-
Vitti's Dance Studio Training Center
-
FoxDog Welding Metal Fabrication Plant Factory
-
Ballroom Expression Theater & Performing Art Venue Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$965k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$880k
Owner & transaction history
Tropeano Mgt LLC · 3 yrs held
Tropeano Mgt LLC
since 2023
Last sale
$868,000
4 recorded transactions
Zoning & alternative use
IL40 · Danbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Danbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$820,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$880k
Range $792k – $968k · ±10% · vs last sale $868k (May 24 2023)
Last sale anchor
$868k
May 24 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$22 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$55,772
Tax year 2024
Assessed value
$2,282,000
Assessed 2024
Previous assessed
$2,282,000
+0.0% YoY
Effective rate
2.44%
On assessed value
Assessed land
$998,760
Assessed improvement
$1,283,240
Applied tax rate
102.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
4
Rooms
16
Bathrooms
2
Total area
40,372 SF
Lot
2.47 ac (107,593 SF)
Zoning code
IL40
APN
DANB M:E17 L:89
UPID
US15-0474143
Jurisdiction
DANBURY
Zoning & alternative use
IL40 · Danbury, CT
Zoning IL40 · permitted uses
IL40 · Danbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
4
Rooms
16
Bathrooms
2
Lot
2.47 ac
Current owner
From public records · entity-resolved
Tropeano Mgt LLC
Entity
Mailing address
17 PILGRIM HL RD, RIDGEFIELD, CT 06877-2721
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2023
—
Tropeano Mgt LLC
Belmi Management Prtnrshp
Quit Claim Deed
related
$1 · Union Savings Bank
Oct 21, 1998
—
Belmi Managemnt Ptnshp
—
Deed Of Trust
related
$1,760,000 · Nmbt
Sep 21, 1994
—
Belmi Mgmnt Ptnrshp
—
Deed Of Trust
related
$650,000 · Nmbt
Apr 9, 1991
$868,000
Belmi Mgmnt Ptnr
Cabessa Ptnrs
Warranty Deed
$720,000 · Candlewood Bk & Tr Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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