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Property profile & analytics
OFF-MARKET
Estimated value
$1,405,000
Medical Office Space
41 Germantown Rd Danbury, CT 06810-4087
Individually Owned
31-yr Hold
Free & Clear
Property ID
US15-0611674
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,840 SF
Lot
2.7 ac (117,612 SF)
Zoning code
RH3
APN
DANB M:J11 L:377
UPID
US15-0611674
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
-
Danbury Hospital Hospital
-
Vein and Vascular Specialists at Danbury Hospital Physician Hospital
-
Dr. Alan Dietzek Physician Hospital
-
Dr. Bruce W. Cohen, MD Pediatrician Medical Clinic
-
Anne-Marie Vogt Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.41M
Owner & transaction history
Germantown Medical Ctr · 31 yrs held
Germantown Medical Ctr
since 1995
7 recorded transactions
Zoning & alternative use
RH3 · Danbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Regulations PDF
Top alternative use upside
Auto repair, garage
$2.0M
+38.3%
Apartment house (5+ units)
$1.9M
+30.1%
Retail stores
$1.7M
+17.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,450,000
Current use
AUTO REPAIR, GARAGE
$2,000,000
Change: +38% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,885,000
Change: +30% · Conversion: Moderate
RETAIL STORES
$1,700,000
Change: +18% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,635,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±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
$71 / 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
$148,132
Tax year 2023
Assessed value
$6,349,420
Assessed 2023
Previous assessed
$4,682,700
+35.6% YoY
Effective rate
2.33%
On assessed value
Assessed land
$934,850
Assessed improvement
$5,414,570
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
7
Total area
19,840 SF
Lot
2.7 ac (117,612 SF)
Zoning code
RH3
APN
DANB M:J11 L:377
UPID
US15-0611674
Jurisdiction
DANBURY
Zoning & alternative use
RH3 · Danbury, CTZoning RH3 · permitted uses
RH3 · Danbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Regulations PDF
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
RETAIL STORES
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.6M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (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
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
7
Lot
2.7 ac
Current owner
From public records · entity-resolved
Germantown Medical Ctr
Individual
Free & Clear · 31 yrs held
Mailing address
30 GERMANTOWN RD, DANBURY, CT 06810-5033
Ownership since
1995
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2019
—
Germantoen Medical Center
—
Deed
related
$1,025,000 · Union Savings Bank
Jan 6, 1995
$215,000
Germantown Medical Ctr
Murdock,richard
Warranty Deed
—
Dec 1, 1994
—
Germantown Medical Ctr
—
Deed Of Trust
related
$3,165,000 · Nmbt
Mar 2, 1994
$675,000
Germantown Medical Ctr
Nutmeg Fsla
Grant Deed
$575,000 · Nutmeg Fsla
May 25, 1993
$371,736
Nutmeg Fsla
Houghtaling Harry Est
Grant Deed
—
Jul 30, 1987
—
Harry Houghtaling
—
Deed Of Trust
related
$109,800 · Nutmeg Fsla
Feb 27, 1987
$170,000
Harry Houghtaling
Qanzal,stephen
Grant Deed
$124,500 · Nutmeg Fsla
Feb 27, 1987
—
Ace Glass Of Danb INC
—
Deed Of Trust
related
$125,000 · Nutmeg Fsla
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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