Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    24 Danbury Rd Wilton, CT 06897-4424
    Property profile & analytics

    24 Danbury Rd, Wilton, CT 06897-4424

    View on Map
    • Commercial real estate
    • 0.70 lot acres
    Off-Market
    Last Sale Sep 15, 2025
    $2,750,000
    Property ID
    US15-0871831
    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.
    Value Estimations
    $2,750,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cares Custom Contracting / Construction Company / General Contractor
    • Allstate Insurance: Wade Tang / Insurance Agency
    • Your Tech at Home / IT Consulting Firm / (Bike/Boat/Book/etc) Store
    • VenSource Capital LLC / Association / Organization
    • Wilton Laundromats / (Bike/Boat/Book/etc) Store

    Property Details for 24 Danbury Rd

    Lot size
    0.70 lot acres
    Zone code
    DRB
    Property type
    Commercial real estate
    APN
    WILT M:0083 B:017 L:00
    APU
    WILTM0083B017L00

    Description

    This exceptional 24,000 square foot retail property, located at 24 Danbury Rd in Wilton, Connecticut (Fairfield County, zip code 06897), presents a compelling investment opportunity. Currently operating as a multi-tenant center with a mix of retail, office, and storage tenants, the property boasts significant redevelopment potential. Situated on a 0.70-acre lot at a signalized intersection, it benefits from high visibility and exceptional daily traffic counts of approximately 31,000 vehicles. The asking price is $2,850,000, translating to a price per square foot of $118.75. The property offers a current cap rate of 7.83%, with a pro-forma cap rate projected at 9.41%, indicating strong potential for increased returns. This prime location in Wilton, CT offers investors a chance to capitalize on a thriving market and unlock significant value through redevelopment or continued operation as a multi-tenant center. The property's size and location make it an ideal candidate for a variety of redevelopment projects, catering to the needs of the local community and the surrounding area. This is a rare opportunity to acquire a well-positioned retail property with substantial upside potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilton
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4183
    Latitude
    41.1636
    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
    $39,678
    $1,006,810
    $349,230
    $1,356,040
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5.41 Acres

      195 Danbury Rd

      COMMERCIAL (GENERAL) • 5.41 Acres
      195 Danbury Rd, Wilton, CT 06897-4075
      View Details
    • Value Estimation by Request
      24.67 Acres

      20 Westport Rd

      COMMERCIAL (GENERAL) • 24.67 Acres
      20 Westport Rd, Wilton, CT 06897-4549
      View Details
    • Value Estimation
      $4,230,000
      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
      $725,000

      523 Danbury Rd

      COMMERCIAL (GENERAL)
      523 Danbury Rd, Wilton, CT 06897-2233
      View Details

    Similar Nearby for Sale

    • $1,199,000
      4,240 SF

      Wilton Commercial Building - Prime Location

      Historic building, high visibility, strong tenant.
      475 Danbury Rd, Wilton, CT 06897
      View Details
    • $1,890,000
      4,855 SF

      Wilton, CT Commercial Property Investment

      Prime Wilton location, versatile commercial building
      655 Danbury Rd, Wilton, CT 06897
      View Details
    • Contact for pricing
      1,464 SF

      Versatile Retail/Office Space Available

      Adaptable space suitable for retail, office, or medical tenants.
      3 Danbury Rd, Wilton, CT 06897
      View Details
    • Contact for pricing
      12,417 SF

      Wilton Industrial Property For Sale

      Industrial property available for sale in Wilton, Connecticut.
      213 Danbury Rd, Wilton, CT 06897
      View Details
    • Contact for pricing
      4,603 SF

      Commercial Land For Sale

      Commercial land available for sale.
      531 Danbury Rd, Wilton, CT 06897
      View Details
    • $5,500,000
      7,840 SF

      Wilton Commercial Building on Route 7

      7,800 SF commercial building with gas station and auto shop.
      386 Danbury Rd, Wilton, CT 06897
      View Details

    Similar Nearby for Lease

    • Sponsored
      Contact for pricing

      Wilton Executive

      Discover many ways to work your way in Wilton Executive
      15 River Rd, Wilton, CT 06897
      View Details
    • Contact for pricing

      Medical Office Space For Rent

      First floor medical office space available for lease.
      436 Danbury 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
      10,935 SF

      Spacious Office Building with Amenities

      161,222 RSF office space with fitness center and auditorium.
      40 Danbury Rd, Wilton, CT 06897
      View Details
    • Contact for pricing

      Architecturally Stunning Building on Route 7

      Well-maintained building on South Wilton’s busy Route 7.
      66 Hollyhock Rd, Wilton, CT 06897
      View Details
    • Contact for pricing
      52,779 SF

      Class A Office Property

      Three-story office property with two buildings, easily accessible from Route 7.
      187 Danbury Rd, Wilton, CT 06897
      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.
    24 Danbury Rd
    Wilton, CT 06897-4424
    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

    Thank You for Inquiry
    24 Danbury Rd, Wilton, CT, 06897
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!