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Property profile & analytics
OFF-MARKET
Estimated value
$4,840,000
Industrial properties
51-53 Kenosia Ave Danbury, CT 06810-2304
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US15-0305421
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
32,250 SF
Lot
8.69 ac (378,536 SF)
Zoning code
IL40
APN
DANB M:E17 L:78
UPID
US15-0305421
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
-
Response Solutions LLC Advertising Agency Marketing & Advertising
-
Blood Draw - Constitution Diagnostics Network Danbury, Kenosia Avenue, part of Nuvance Health Medical Clinic
-
Samantha Monaco Physician Medical Clinic
-
William Hennessy Physician Medical Clinic
-
Lab and Diagnostics - Constitution Diagnostics Network Danbury, Kenosia Avenue Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.19M
Blend (final)
Blend
$4.84M
Owner & transaction history
360 Danbury Investors LLC · 5 yrs held
360 Danbury Investors LLC
since 2021
Last sale
$4.7M
3 recorded transactions
Zoning & alternative use
IL40 · Danbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.5M
+133.1%
Apartment house (5+ units)
$6.1M
+89.7%
Retail stores
$6.0M
+85.5%
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
$5,350,000
ML approach
$5,270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,230,000
Current use
AUTO REPAIR, GARAGE
$7,535,000
Change: +133% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$6,130,000
Change: +90% · Conversion: Difficult
RETAIL STORES
$5,995,000
Change: +85% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,715,000
Change: +46% · Conversion: Difficult
OFFICE BUILDING
$4,250,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$4.84M
Range $4.36M – $5.32M · ±10% · vs last sale $4.70M (Jul 14 2021)
Last sale anchor
$4.70M
Jul 14 2021
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
$150 / 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
$77,830
Tax year 2023
Assessed value
$3,336,060
Assessed 2023
Previous assessed
$3,336,060
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$1,272,390
Assessed improvement
$2,063,670
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Total area
32,250 SF
Lot
8.69 ac (378,536 SF)
Zoning code
IL40
APN
DANB M:E17 L:78
UPID
US15-0305421
Jurisdiction
DANBURY
Zoning & alternative use
IL40 · Danbury, CT
Zoning IL40 · permitted uses
IL40 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$7.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.1M
RETAIL STORES
Est. value
$6.0M
COMMERCIAL (GENERAL)
Est. value
$4.7M
OFFICE BUILDING
Est. value
$4.3M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (GENERAL)
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
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Lot
8.69 ac
Current owner
From public records · entity-resolved
360 Danbury Investors LLC
Entity
Mailing address
1 FAR ML XING, SHELTON, CT 06484-6121
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2021
$4,697,000
360 Danbury Investors LLC
51-53 Kenosia Avenue LLC
Warranty Deed
$332,500 · Argentic Re Inv LLC
Nov 9, 2017
—
51-53 Konosia Ave LLC
—
Deed
related
$610,000 · Fairfield County Bank
Nov 6, 2014
—
51-53 Kenosia Ave LLC
Powers,alice M & Melvyn J
Quit Claim Deed
related
—
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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