Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    22 Old Kings S Hwy Darien, CT 06820-4539

    • Office buildings
    • 3,678 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimations
    $545,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US15-0152412
    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

    • William Raveis Real Estate - Darien / Real Estate Agency / Real Estate Appraiser
    • Joan Gallagher, William Raveis Real Estate / Real Estate Agent
    • Pamela Payne: Fairfield County Realtor SRES / Real Estate Agent
    • Marvin Lee, William Raveis Real Estate / Real Estate Agent
    • Book & Co. / Book Store

    Property Details for 22 Old Kings S Hwy

    Year built
    1915
    Construction
    FRAME
    Lot size
    0.19 lot acres
    Property size
    3,678 SF
    Zone code
    CBD
    Property type
    Office buildings
    APN
    DARI M:72 B:36
    APU
    DARIM72B36

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $520,000
      Market price range: $125k - $762k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $640,000
      Current use
      AUTO REPAIR, GARAGE
      $860,000
      Change: +34% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $855,000
      Change: +34% Conversion: Easy
      RETAIL STORES
      $685,000
      Change: +7% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Darien
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4697
    Latitude
    41.0758
    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
    $13,969
    $529,620
    $263,620
    $793,240
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $805,000
      4,853 SF

      581 Post Rd

      OFFICE BUILDING • 4,853 SF
      581 Post Rd, Darien, CT 06820-3609
      View Details
    • Value Estimation by Request
      1,497 SF

      176 Ww Ave

      OFFICE BUILDING • 1,497 SF
      176 Ww Ave, Darien, CT 06820
      View Details
    • Value Estimation by Request
      3,488 SF

      184 Ww Ave

      OFFICE BUILDING • 3,488 SF
      184 Ww Ave, Darien, CT 06820-4311
      View Details
    • Value Estimation by Request
      2,616 SF

      679 Post Rd

      OFFICE BUILDING • 2,616 SF
      679 Post Rd, Darien, CT 06820-4738
      View Details
    • Value Estimation
      $2,325,000
      21,241 SF

      10 Corbin Dr

      OFFICE BUILDING • 21,241 SF
      10 Corbin Dr, Darien, CT 06820-5403
      View Details
    • Value Estimation
      $1,285,000
      5,540 SF

      34 Old Kings S Hwy

      OFFICE BUILDING • 5,540 SF
      34 Old Kings S Hwy, Darien, CT 06820-4526
      View Details

    Similar Nearby for Sale

    • $2,500,000

      Maplewood Drive Specialty Property

      Specialty property available for sale.
      23 Maplewood Dr, Darien, CT 06820
      View Details
    • $2,999,000

      Darien Specialty Property For Sale

      Specialty property available for purchase in Darien, Connecticut.
      561 Middlesex Rd, Darien, CT 06820
      View Details
    • $1,125,000

      Darien Specialty Property For Sale

      Specialty property available for purchase in Darien, Connecticut.
      128 West Ave, Darien, CT 06820
      View Details
    • $3,295,000

      Retail Property in Darien, CT

      Retail property available for sale in Darien, Connecticut.
      311 Noroton Ave, Darien, CT 06820
      View Details
    • $3,300,000

      Brushy Hill Road Property

      Property at 17 Brushy Hill Rd, Darien, CT 06820 for sale.
      17 Brushy Hill Rd, Darien, CT 06820
      View Details
    • $1,995,000

      Darien Specialty Property For Sale

      Specialty property available for purchase in Darien, Connecticut.
      358 Hoyt St, Darien, CT 06820
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      3,720 SF

      Darien, CT Office Space for Lease

      Flexible Office Solutions in Darien, CT
      19 Old Kings Hwy, Darien, CT 06820
      View Details
    • Contact for pricing
      8,184 SF

      Full Floor Office Space

      Available office space near downtown Darien restaurants and shops.
      800 Boston Post Rd, Darien, CT 06820
      View Details
    • Contact for pricing
      1,395 SF

      Furnished Office Space Available

      Furnished office space with high-traffic exposure near train station.
      972 Post Rd, Darien, CT 06820
      View Details
    • Contact for pricing
      1,200 SF

      Office Space in Darien Commons

      Office space for rent in a vibrant, mixed-use community.
      40 Heights Rd, Darien, CT 06820
      View Details
    • $6,820 /Mo

      Darien Apartment with Modern Conveniences

      Apartment in Darien, CT with pool, fitness center, and lounge.
      138 Hollow Tree Ridge Rd, Darien, CT 06820
      View Details
    • Contact for pricing
      1,561 SF

      Retail Space in Darien, CT

      Retail space available for lease in Darien, Connecticut.
      1077 Post Rd, Darien, CT 06820
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    22 Old Kings S Hwy
    Darien, CT 06820-4539
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.