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Property profile & analytics
OFF-MARKET Estimated value $1,935,000
Medical Office Space

31 Hospital Ave 37 Danbury, CT 06810-6007

11,116 SF 1.03 ac lot Built 1988
Entity Owned Free & Clear
Property ID
US15-0996111
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1988
Construction CONCRETE
Total area 11,116 SF
Lot 1.03 ac (44,867 SF)
Zoning code R-3
APN DANB M:J12 L:6
UPID US15-0996111
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
  • Brian M. Riordan, MD Physician
  • Danbury Office-Physicians Services: Aaronson Beth S MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.09M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.94M
Owner & transaction history
Hospital Avenue I LLC
Hospital Avenue I LLC
since 2026
Last sale
$1.8M
7 recorded transactions
2026
$7.2M
2022
Price N/A
2021
Price N/A
2021
Price N/A
2021
$1.8M
2017
Price N/A
1998
$866,672
Zoning & alternative use
R-3 · Danbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

4.C. THREE FAMILY RESIDENTIAL DISTRICT: R-3. 4.C.1. Purpose and Intent. The purpose of the Three Family R esidential zoning district is to provide an area of single and medium density multi-family development in suitable locations that are in character with existing urban neighborhoods, to promote compatible site design that meets the needs of residents, to…

Zone name Three Family Residential
General category RESIDENTIAL
Zone area 521.65 ac
Source Zoning Regulations PDF
Top alternative use upside
Office building $1.9M +132.6%
Restaurant $1.6M +97.1%
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