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    Property profile & analytics

    15 River Rd Wilton, CT 06897

    • Showrooms
    • 117,972 SF
    • 6.76 lot acres
    For Lease
    View listing
    $93 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US15-0259219
    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

    • Antenna / Electronics & Wireless Store / Big Box & Wholesale Store
    • Emerald Tide Financial / Financial Advisor
    • RENU Engineering Technologies, P.C. / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • MCMC LLC / Medical Billing Service
    • Privinta Wellness / Marketing & Advertising / IT Consulting Firm

    Property Details for 15 River Rd

    Year built
    1979
    Construction
    STEEL FRAME
    Lot size
    6.76 lot acres
    Property size
    117,972 SF
    Zone code
    WC
    Property type
    Showrooms
    APN
    WILT M:0073 B:025 L:01
    APU
    WILTM0073B025L01

    Description

    This Class A, 9,288 square foot office building in Fairfield County offers a diverse range of workspace solutions. Recently renovated in 2019, the property boasts 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are available for lease. The building features multiple tenancy options, catering to businesses of all sizes. Choose from private, fully furnished and equipped offices, adaptable to individual needs, ranging from single-person setups to large corporate spaces. These include serviced offices, custom-designed offices, disaster recovery spaces, and day offices. Alternatively, collaborative coworking spaces are available, offering dedicated desks and hot-desking options. The property also includes technologically advanced meeting rooms, supported by staff and offering optional catering services. For businesses seeking a professional presence, virtual office options are available, complete with mail forwarding and call answering services. Flexible membership plans provide access to office, coworking, or lounge spaces within a global network. The building is equipped with elevators. Note that while images depict Regus locations, they may not accurately reflect this specific center.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $9,066,000
      Market price range: $5.69M - $23.4M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wilton
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4321
    Latitude
    41.1898
    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
    $418,853
    $5,368,230
    $8,946,630
    $14,314,860
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
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      73,918 SF

      439 Danbury Rd

      SHOW ROOM, WAREHOUSE • 73,918 SF
      439 Danbury Rd, Wilton, CT 06897-2006
      View Details
    • Value Estimation
      $560,000
      8,642 SF

      134 Old Ridgefield Rd

      SHOW ROOM, WAREHOUSE • 8,642 SF
      134 Old Ridgefield Rd, Wilton, CT 06897-3048
      View Details
    • Value Estimation
      $615,000
      11,700 SF

      991 Danbury Rd

      SHOW ROOM, WAREHOUSE • 11,700 SF
      991 Danbury Rd, Wilton, CT 06897-4837
      View Details
    • Value Estimation
      $670,000
      12,014 SF

      1 Danbury Rd

      SHOW ROOM, WAREHOUSE • 12,014 SF
      1 Danbury Rd, Wilton, CT 06897-4304
      View Details
    • Value Estimation
      $1,375,000
      8,828 SF

      7 Godfrey Pl

      SHOW ROOM, WAREHOUSE • 8,828 SF
      7 Godfrey Pl, Wilton, CT 06897-3011
      View Details
    • Value Estimation
      $900,000
      2,524 SF

      6 Hollyhock Rd

      SHOW ROOM, WAREHOUSE • 2,524 SF
      6 Hollyhock Rd, Wilton, CT 06897-4414
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,464 SF

      Versatile Retail/Office Space Available

      Adaptable space suitable for retail, office, or medical tenants.
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    • $1,500,000
      4.30 Acres

      Wilton Retail Property - 4.3 Acres

      Prime Wilton location, 4,603 SF retail space, $1.5M.
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    • $1,890,000
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      Wilton, CT Commercial Property Investment

      Prime Wilton location, versatile commercial building
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    • $999,000
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      Wilton Executive Office Building

      Prime Wilton location, 4,978 SF office space.
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    Similar Nearby for Lease

    • Contact for pricing
      11,043 SF

      Wilton Retail and Office Space

      First-class retail and office spaces in the heart of Wilton Center.
      11-21 River Rd, Wilton, CT 06897
      View Details
    • Contact for pricing
      4,300 SF

      Retail Space in Wilton Center

      4,300 SF retail space with 1,300 SF basement.
      35-39 Danbury Rd, Wilton, CT 06897
      View Details
    • Contact for pricing
      988 SF

      Wilton Executive Office Space

      Historic District Office Suite, 988 SF
      142 Danbury Rd, Wilton, CT 06897
      View Details
    • Contact for pricing
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      Wilton Retail Building For Rent

      270 SF freestanding building, formerly Wilton Post Office, for rent.
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      View Details
    • Contact for pricing
      188,914 SF

      Wilton Office Campus: Premier Space

      Class A office suites, flexible layouts, ample parking.
      0 River Rd, Wilton, CT 06897
      View Details
    • Contact for pricing
      270 SF

      Wilton Retail Space For Lease

      Prime Wilton location, 270 sq ft retail space.
      148 Danbury Rd, Wilton, CT 06897
      View Details
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    15 River Rd
    Wilton, CT 06897
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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