Property profile

213 Danbury Rd Wilton, CT 06897

FOR SALE
Showrooms
Property ID
US15-0795489
11,168 SF 0.94 ac lot Built 2020
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional multifamily investment opportunity in Wilton, Connecticut, presents a rare chance to acquire a substantial property spanning 12,417 square feet. The property consists of two buildings situated on a 0.94-acre lot at 213 Danbury Rd, Wilton, CT 06897. Building 1 is a charming 3,025 square foot converted colonial house, offering unique character and potential. Building 2, significantly larger at 9,392 square feet, includes a 1,500 square foot warehouse space that underwent a complete rebuild in 1988. The property boasts excellent on-site parking, ensuring ample convenience for residents and tenants. Its location provides exceptional visibility and benefits from high traffic counts, while maintaining a surprisingly quiet and peaceful atmosphere. The property is zoned for General Business use, opening up a range of possibilities for future development or expansion. Offered at $2,050,000, this property represents a compelling investment opportunity in a desirable Connecticut market. The property's size, versatile building configurations, and prime location combine to create a strong potential for significant return on investment. Don't miss this chance to secure a valuable asset in the thriving Wilton market.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2020
Construction FRAME
Total area 11,168 SF
Lot 0.94 ac (40,946 SF)
Zoning code GB
APN WILT M:0071 B:044 L:00
UPID US15-0795489

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Daycare Center

Location

213 Danbury Rd Wilton, CT 06897
Wilton metro Census 45200 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.75M
Blend (final) Blend
$1.85M

Owner & transaction history

since 2022
5 recorded transactions
2022
Price N/A
2016
$2.2M
2005
$1.6M
2004
Price N/A
1989
$7.2M

Zoning & alternative use

GB · Wilton, CT
General category COMMERCIAL
Top alternative use upside
Restaurant $2.9M +10.3%
Auto repair, garage $2.6M +0.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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