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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Medical Office Space
36 Old Kings S Hwy, Darien, CT 06820-4552
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US15-0882097
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1968
Construction
STEEL FRAME
Total area
18,890 SF
Lot
0.66 ac (28,715 SF)
Zoning code
CBD
APN
DARI M:72 B:28
UPID
US15-0882097
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
-
Darien Center For Dentistry - Dr. Colin Pech Dental Office
-
Dr. Michael Schwartz Physician
-
Nagler Willibald MD Physician Medical Clinic
-
Meghan Maloney, APRN Physician
-
Dr. Jeffrey V. DeLuca, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$665k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$950k
Owner & transaction history
Baywater 36 Okhs LLC · 18 yrs held
Baywater 36 Okhs LLC
since 2007
7 recorded transactions
Zoning & alternative use
CBD · Darien, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+5.0%
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 Darien submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Darien 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
$665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,460,000
Current use
COMMERCIAL (GENERAL)
$1,535,000
Change: +5% · Conversion: Easy
RETAIL STORES
$1,415,000
Change: -3% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,195,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±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
$50 / 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
$63,985
Tax year 2023
Assessed value
$3,633,420
Assessed 2023
Previous assessed
$3,633,420
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$1,027,110
Assessed improvement
$2,606,310
Applied tax rate
120.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1968
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
8
Total area
18,890 SF
Lot
0.66 ac (28,715 SF)
Zoning code
CBD
APN
DARI M:72 B:28
UPID
US15-0882097
Jurisdiction
DARIEN
Zoning & alternative use
CBD · Darien, CT
Zoning CBD · permitted uses
CBD · Darien, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Darien. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1968
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
8
Lot
0.66 ac
Current owner
From public records · entity-resolved
Baywater 36 Okhs LLC
Entity
Mailing address
34 OLD KINGS HWY S, DARIEN, CT 06820-4526
Ownership since
2007
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
Sep 25, 2018
—
Baywater 36 Okhs LLC
—
Deed
related
$5,150,000 · Webster Bank
Jul 11, 2007
$3,900,000
Baywater 36 Okhs LLC
Darwein Associates LLC
Warranty Deed
$3,000,000 · Newalliance Bank
Oct 22, 2003
—
Darwein Associates LLC
—
Deed Of Trust
related
$1,400,000 · Webster Bank
Mar 30, 1999
$1,606,500
Darwein Assoc LLC
Kings Highway Rlty
Warranty Deed
$1,100,000 · Astoria Federal Mortgage Corp
Mar 30, 1999
$59,500
Darwein Assoc LLC
Odiseos,nicholas H
Warranty Deed
—
Mar 30, 1999
$29,745
Darwein Assoc LLC
Odiseos,alexis J
Warranty Deed
—
Feb 22, 1996
—
Highway Realty Kings
—
Deed Of Trust
related
$100,000 · Peoples Bank
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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