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Property profile & analytics
OFF-MARKET
Estimated value
$4,870,000
Showrooms
22 Segar St Danbury, CT 06810-6325
Entity Owned
14-yr Hold
Free & Clear
Property ID
US15-0361729
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
43,707 SF
Lot
1.78 ac (77,537 SF)
Zoning code
CG20
APN
DANB M:G16 L:3
UPID
US15-0361729
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
-
Residence Inn Danbury Hotel & Motel
-
Testosterone HGH HealthWave Therapy Center Medical Clinic
-
The Rabel Asphalt Paving & Sealcoating Building Supply Construction Company
-
ATM Atm
-
22 Segar Street Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.96M
Blend (final)
Blend
$4.87M
Owner & transaction history
V8-hii Segar Street LLC · 14 yrs held
V8-hii Segar Street LLC
since 2012
7 recorded transactions
Zoning & alternative use
CG20 · 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
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
COMMERCIAL (GENERAL)
$6,390,000
Current use
OFFICE BUILDING
$5,765,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$4.87M
Range $4.38M – $5.36M · ±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
$111 / 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
$145,019
Tax year 2023
Assessed value
$6,216,000
Assessed 2023
Previous assessed
$5,193,900
+19.7% YoY
Effective rate
2.33%
On assessed value
Assessed land
$1,161,720
Assessed improvement
$5,054,280
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
79
Total area
43,707 SF
Lot
1.78 ac (77,537 SF)
Zoning code
CG20
APN
DANB M:G16 L:3
UPID
US15-0361729
Jurisdiction
DANBURY
Zoning & alternative use
CG20 · Danbury, CT
Zoning CG20 · permitted uses
CG20 · 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
COMMERCIAL (GENERAL) Current
Est. value
$6.4M
OFFICE BUILDING
Est. value
$5.8M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
79
Lot
1.78 ac
Current owner
From public records · entity-resolved
V8-hii Segar Street LLC
Entity
Free & Clear · 14 yrs held
Mailing address
591 W PUTNAM AVE, GREENWICH, CT 06830-6005
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2024
—
8 Hii Segar Street LLC
—
Deed
related
$423,590,510 · Jpmorgan Chase Bank NA
Feb 28, 2012
$1
V8-hii Segar Street LLC
Danbury Suites LLC
Warranty Deed
—
Jun 28, 2000
—
Danbury Suites LLC
—
Deed Of Trust
related
$5,000,000 · Worth Funding INC
Dec 2, 1999
—
Asante INC
—
Deed Of Trust
related
$653,000 · Williams Kenneth D Es
Mar 26, 1998
$1,000,000
Segar Hospitality LLC
Asante INC
Warranty Deed
$4,920,000 · Gmac Mortgage Corp Pa
Mar 26, 1998
—
Danbury Suites LLC
—
Deed Of Trust
related
$656,000 · Zuckerman Family Nomi
Nov 4, 1996
—
Asante INC
—
Deed Of Trust
related
$675,000 · Union Savings Bank Danbury
Jan 29, 1996
—
Asante INC
—
Deed Of Trust
related
$450,000 · Union Savings Bank Danbury
Jun 1, 1987
—
Asante INC
—
Deed Of Trust
related
$550,000 · Danbury Fed'l Svg Bank
—
—
8 H2 Segar Street LLC
—
Deed Of Trust
related
$25,020,000 · Bank Of America
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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