Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    54 Main St Danbury, CT 06810-3009

    • Office buildings
    • 8,800 SF
    • 0.55 lot acres
    OFF-MARKET
    Value Estimations
    $1,540,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US15-0210888
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • New England Dental / Dental Office
    • Trusty Shield Insurance CT / Insurance Agency
    • The Siegel Insurance Agency / Insurance Agency
    • Dr. Sukhjivan Bhatti / Dental Office
    • Interfaith Aids Ministry of Greater Danbury / Charitable Organization / Social Service Agency

    Property Details for 54 Main St

    Year built
    1961
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.55 lot acres
    Property size
    8,800 SF
    Zone code
    CLCB
    Property type
    Office buildings
    APN
    DANB M:I15 L:313
    APU
    DANBMI15L313

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,345,000
      Market price range: $815k - $1.43M
      AI Estimate
      $1,732,000
      Market price range: $499k - $2.58M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,160,000
      Current use
      RESTAURANT
      $2,260,000
      Change: +95% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $2,055,000
      Change: +77% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,675,000
      Change: +44% Conversion: Easy
      RETAIL STORES
      $1,635,000
      Change: +41% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $1,285,000
      Change: +11% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Danbury
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4478
    Latitude
    41.389
    CBSA code
    14860
    CBSA name
    BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,964
    $327,320
    $571,270
    $898,590
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $5,355,000
      35,960 SF

      7 Kenosia Ave

      OFFICE BUILDING • 35,960 SF
      7 Kenosia Ave, Danbury, CT 06810-7395
      View Details
    • Value Estimation
      $1,300,000
      10,220 SF

      55 Kenosia Ave

      OFFICE BUILDING • 10,220 SF
      55 Kenosia Ave, Danbury, CT 06810-7326
      View Details
    • Value Estimation
      $775,000
      4,231 SF

      248 Main St

      OFFICE BUILDING • 4,231 SF
      248 Main St, Danbury, CT 06810-3619
      View Details
    • Value Estimation
      $1,805,000
      11,350 SF

      2 National Pl

      OFFICE BUILDING • 11,350 SF
      2 National Pl, Danbury, CT 06810-6674
      View Details
    • Value Estimation
      $12,105,000
      100,805 SF

      44 Old Ridgebury Rd

      OFFICE BUILDING • 100,805 SF
      44 Old Ridgebury Rd, Danbury, CT 06810-5107
      View Details
    • Value Estimation
      $29,210,000
      172,288 SF

      4 Riverview Dr, Unit 10

      OFFICE BUILDING • 172,288 SF
      4 Riverview Dr, Danbury, CT 06810-6268
      View Details

    Similar Nearby for Sale

    • $895,000
      8,612 SF

      Danbury Brownstone: Commercial or Residential

      Classic brownstone in Danbury suitable for commercial or residential use.
      248 Main St, Danbury, CT 06810
      View Details
    • Contact for pricing
      8,686 SF

      Danbury Office/Industrial Condo For Sale

      Fully leased, two-story office/industrial condo with credit tenant.
      12 Precision Rd, Danbury, CT 06810
      View Details
    • $160,000

      Danbury Office Building For Sale

      1,561 SF office building with 12 units in Danbury.
      93 West St, Danbury, CT 06810
      View Details
    • $895,000
      8,612 SF

      Danbury Brownstone with Commercial Levels

      Classic brownstone with commercial space and residential conversion potential.
      248 Main St, Danbury, CT 06810
      View Details
    • $1,350,000

      Historic Office Building For Sale

      Office space in a historic building, being sold as combined lots.
      59 Main St, Danbury, CT 06810
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      28,000 SF

      Danbury Main Street Medical Office

      Prime Danbury location, 3,912 SF available
      345 Main St, Danbury, CT 06810
      View Details
    • Contact for pricing
      15,000 SF

      Danbury Office Space For Lease

      Office space available for lease in Danbury, Connecticut.
      109 Newtown Rd, Danbury, CT 06810
      View Details
    • $900 /Mo
      648 SF

      Office/Medical Space Near Hospital

      Office/medical space available near hospital and medical facilities.
      6 Germantown Rd, Danbury, CT 06810
      View Details
    • $875 /Mo

      Restored Victorian Office Suite

      Three-room office suite in restored Victorian building, available immediately.
      152 Deer Hill Ave, Danbury, CT 06810
      View Details
    • $775 /Mo

      Professional Office Suite For Rent

      Office suite with reception, offices, conference room, and storage.
      57 North St, Danbury, CT 06810
      View Details
    • Contact for pricing
      16,597 SF

      Medical Office Building For Lease

      Medical office spaces available in Danbury's medical community.
      73 Sand Pit Rd, Danbury, CT 06810
      View Details

    Property Visit Statistics

    • Visits by month
      11.1k
    • Visitors by month
      5.7k
    • Avg Time on site
      4 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    54 Main St
    Danbury, CT 06810-3009
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!