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Property profile & analytics
OFF-MARKET
Office buildings
48 Nn St Danbury, CT 06810-5620
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US15-1303113
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1907
Construction
FRAME
Total area
3,031 SF
Lot
0.2 ac (8,712 SF)
Zoning code
CG20
APN
DANB M:I12 L:22
UPID
US15-1303113
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
-
Edwards Trial Law, LLC Law Firm
-
J Timothy Deakin Law Offices Law Firm
-
Greater Danbury Bar Association Law Firm
-
Epic Driving School Training Center Vocational School
-
David W Baker Inc Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
North Real Estate LLC · 2 yrs held
North Real Estate LLC
since 2024
Last sale
$465,000
6 recorded transactions
Zoning & alternative use
CG20 · Danbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,452
Tax year 2023
Assessed value
$276,570
Assessed 2023
Previous assessed
$276,570
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$158,620
Assessed improvement
$117,950
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1907
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
2
Bathrooms
2
Total area
3,031 SF
Lot
0.2 ac (8,712 SF)
Zoning code
CG20
APN
DANB M:I12 L:22
UPID
US15-1303113
Jurisdiction
DANBURY
Zoning & alternative use
CG20 · Danbury, CT
Zoning CG20 · permitted uses
CG20 · 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.
Building & site characteristics
From public records
Year built
1907
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
2
Bathrooms
2
Lot
0.2 ac
Current owner
From public records · entity-resolved
North Real Estate LLC
Entity
Mailing address
15 FARRELL RD, NEWTOWN, CT 06470-1206
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2024
$465,000
North Real Estate LLC
48 North Street LLC
Warranty Deed
$372,000 · Webster Bank
Dec 9, 2019
$425,000
48 N Street LLC
Pandolfi Brothers LLC
Warranty Deed
—
May 7, 2014
$300,000
Pandolfi Brothers LLC
Bufkin,ray B JR
Warranty Deed
—
Apr 15, 2008
$200,000
Jacqueline B Wetmore
Bufkin,ray B JR
Grant Deed
—
Jan 20, 1998
—
Ray B Bufkin JR.
—
Deed Of Trust
related
$75,000 · Nmbt
Dec 13, 1991
—
Ray Bufkin JR.
—
Deed Of Trust
related
$250,000 · Zwi Kohorn
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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