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Property profile & analytics
FOR SALE
Office buildings
100 Mill Plain Rd, Danbury, CT 06811
Individually Owned
11-yr Hold
Free & Clear
Property ID
US15-0570987
For Sale
1 / 16
$14,285,000
100 Mill Plain Rd, Danbury, CT 06811
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
STEEL FRAME
Total area
88,860 SF
Lot
4.11 ac (179,032 SF)
Zoning code
CA80
APN
DANB M:C14 L:58
UPID
US15-0570987
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
-
Vicki H. Hutchinson Law Firm
-
The Haymond Law Firm Law Firm
-
Law Offices of Kirsten E. Bennett Law Firm
-
Law Office of George H. Weber, LLC Law Firm
-
Soribel Martinez Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$15.04M
Blend (final)
Blend
$14.29M
Owner & transaction history
100 Millplain Investors · 11 yrs held
100 Millplain Investors
since 2015
4 recorded transactions
Zoning & alternative use
CA80 · Danbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$22.8M
+97.0%
Auto repair, garage
$20.8M
+79.2%
Apartment house (5+ units)
$17.1M
+47.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$11,585,000
Current use
RESTAURANT
$22,825,000
Change: +97% · Conversion: Moderate
AUTO REPAIR, GARAGE
$20,760,000
Change: +79% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$17,070,000
Change: +47% · Conversion: Easy
RETAIL STORES
$16,515,000
Change: +43% · Conversion: Moderate
COMMERCIAL (GENERAL)
$12,880,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$14.29M
Range $12.86M – $15.71M · ±10%
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
$161 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$229,157
Tax year 2023
Assessed value
$9,822,400
Assessed 2023
Previous assessed
$8,524,900
+15.2% YoY
Effective rate
2.33%
On assessed value
Assessed land
$2,449,370
Assessed improvement
$7,373,030
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
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1981
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
13
Total area
88,860 SF
Lot
4.11 ac (179,032 SF)
Zoning code
CA80
APN
DANB M:C14 L:58
UPID
US15-0570987
Jurisdiction
DANBURY
Zoning & alternative use
CA80 · Danbury, CT
Zoning CA80 · permitted uses
CA80 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$11.6M
RESTAURANT
Est. value
$22.8M
AUTO REPAIR, GARAGE
Est. value
$20.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$17.1M
RETAIL STORES
Est. value
$16.5M
COMMERCIAL (GENERAL)
Est. value
$12.9M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
13
Lot
4.11 ac
Current owner
From public records · entity-resolved
100 Millplain Investors
Individual
Free & Clear · 11 yrs held
Mailing address
1430 BROADWAY, NEW YORK, NY 10018-3308
Ownership since
2015
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
Apr 23, 2015
—
100 Millplain Investors
Lemle Danbury LLC
Warranty Deed
—
Apr 29, 2005
$14,750,000
Lemle Danbury LLC
W S Mill Palin Road LLC
Warranty Deed
$11,200,000 · Zuckerman Family Nomi
Nov 16, 2000
$8,450,000
Ws Mill Plain Rd LLC
Ww Mill Plain LP
Warranty Deed
—
Apr 24, 1998
—
Ww Mill Plain LP
—
Deed Of Trust
related
$5,000,000 · Worth Funding INC
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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