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Property profile & analytics
OFF-MARKET
Estimated value
$1,615,000
Investment properties
32-34 White St Danbury, CT 06810
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-0332197
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,288 SF
Lot
0.1 ac (4,356 SF)
Zoning code
CLCB
APN
DANB M:I14 L:256
UPID
US15-0332197
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.62M
Owner & transaction history
Edwin Properties LLC · 4 yrs held
Edwin Properties LLC
since 2022
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
CLCB · Danbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.1M
+75.7%
Auto repair, garage
$1.9M
+59.8%
Apartment house (5+ units)
$1.6M
+30.1%
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
$1,635,000
ML approach
$1,620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,210,000
Current use
RESTAURANT
$2,130,000
Change: +76% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,935,000
Change: +60% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,575,000
Change: +30% · Conversion: Moderate
RETAIL STORES
$1,540,000
Change: +27% · Conversion: Easy
OFFICE BUILDING
$1,095,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$1.62M
Range $1.45M – $1.78M · ±10% · vs last sale $1.60M (May 11 2022)
Last sale anchor
$1.60M
May 11 2022
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
$195 / 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
$24,568
Tax year 2023
Assessed value
$1,053,080
Assessed 2023
Previous assessed
$1,053,080
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$302,120
Assessed improvement
$750,960
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
10
Total area
8,288 SF
Lot
0.1 ac (4,356 SF)
Zoning code
CLCB
APN
DANB M:I14 L:256
UPID
US15-0332197
Jurisdiction
DANBURY
Zoning & alternative use
CLCB · Danbury, CT
Zoning CLCB · permitted uses
CLCB · 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
$1.2M
RESTAURANT
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
10
Lot
0.1 ac
Current owner
From public records · entity-resolved
Edwin Properties LLC
Entity
Mailing address
32 WHITE ST #34, DANBURY, CT 06810-6639
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2023
—
Edwin Properties LLC
—
Deed
related
$1,527,000 · Habib American Bank
May 11, 2022
$1,600,000
Edwin Properties LLC
Larson Investments LLC
Warranty Deed
$1,430,000 · Sachem Capital Corp
Dec 8, 2011
$900,000
Larson Investments LLC
Ives Street Assoc
Warranty Deed
—
Feb 17, 2009
—
Ives Street Assoc LLC
—
Deed Of Trust
related
$650,000 · Milford Bank
Jun 9, 2000
—
Ives Street Assoc LLC
—
Deed Of Trust
related
$300,000 · Zions First National Bank
May 14, 1999
—
Ives Street Assoc LLC
—
Deed Of Trust
related
$290,000 · Robert Behrman
May 19, 1997
$240,000
Metrovest Equities INC
Forty Nine Unionoreo
Grant Deed
related
$180,000 · Worth Funding INC
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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