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    241 Ethan Allen Hwy Ridgefield, CT 06877-6244

    • Showrooms
    • 41,235 SF
    • 7.96 lot acres
    OFF-MARKET
    Value Estimation
    $2,110,000
    Last Sale
    Jul 19, 2021
    $1,800,000
    Location Intelligence
    Property ID
    US15-0558247
    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

    • Vibrant Storage / Self-Storage Facility
    • EP Therapeutics / Medical Clinic
    • Dapco Industries Inc / Medical Supply Store

    Property Details for 241 Ethan Allen Hwy

    Year built
    1987
    Construction
    STEEL FRAME
    Lot size
    7.96 lot acres
    Property size
    41,235 SF
    Zone code
    SB
    Property type
    Showrooms
    APN
    REDD M:35 L:63
    APU
    REDDM35L63

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,770,000
      6.5%
      $1,835,000
      7%
      $1,960,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,890,000
      Geo Method
      $2,050,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,660,000
      Retail
      $2,155,000
      Mixed-Use
      $1,885,000
      Hospitality
      $1,660,000
      Educational
      $1,960,000
      Residential Income
      $1,665,000
      Energy
      $1,830,000
      Income-Based Land
      $1,990,000
      Food Service
      $2,085,000

    Location Insight

    • Map
    • Local Demand
    City
    Ridgefield
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4468
    Latitude
    41.2807
    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
    $42,006
    $1,222,200
    $294,800
    $1,517,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,056 SF

      816 Ridgebury Rd

      SHOW ROOM, WAREHOUSE • 1,056 SF
      816 Ridgebury Rd, Ridgefield, CT 06877-1030
      View Details
    • Value Estimation by Request
      480 SF

      30 Ethan Allen Hwy

      RETAIL STORES (PERSONAL SERVICES) • 480 SF
      30 Ethan Allen Hwy, Ridgefield, CT 06877-6216
      View Details
    • Value Estimation by Request
      2,719 SF

      38 Danbury Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,719 SF
      38 Danbury Rd, Ridgefield, CT 06877-4019
      View Details
    • Value Estimation by Request
      5,267 SF

      108 Danbury Rd

      FINANCIAL BUILDING • 5,267 SF
      108 Danbury Rd, Ridgefield, CT 06877-4110
      View Details
    • Value Estimation by Request
      6,679 SF

      103 Danbury Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,679 SF
      103 Danbury Rd, Ridgefield, CT 06877-4105
      View Details
    • Value Estimation by Request
      3,794 SF

      92 Grv St

      FINANCIAL BUILDING • 3,794 SF
      92 Grv St, Ridgefield, CT 06877-4112
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      10,908 SF

      Retail Space in Ridgefield Center

      High-traffic retail space serving the affluent Ridgefield community.
      125 Danbury Rd, Ridgefield, CT 06877
      View Details
    • $35 SF/Yr
      900 SF

      Retail Space on Main Street

      900 square foot retail space available for lease.
      440-452 Main St, Ridgefield, CT 06877
      View Details
    • $23 SF/Yr
      3,280 SF

      Retail Space in Ridgefield

      Retail space available for lease in Ridgefield, Connecticut.
      15 Ethan Allen Hwy, Ridgefield, CT 06877
      View Details
    • $850 /Mo
      200 SF

      Ideal office setting For Lease - $650 to $850/MO

      Ideal office setting For Lease - $650 to $850/MO
      641 Danbury Road, Ridgefield, CT 06877
      View Details
    • $16 SF/Yr
      11,000 SF

      Ridgefield Office Space for Lease

      Executive & Traditional Office Suites Available
      871 Ethan Allen Hwy, Ridgefield, CT 06877
      View Details
    • $1,975 /Mo
      720 SF

      Well-Maintained One-Bedroom Unit

      Bright one-bedroom unit with in-unit laundry and excellent walkability.
      79 Danbury Rd, Ridgefield, CT 06877
      View Details
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    Ridgefield, CT 06877-6244
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    Realmo Value Estimation

    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.

    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.

    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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