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Property profile & analytics
OFF-MARKET
Estimated value
$14,940,000
Medical Office Space
69 Sand Pit Rd, Danbury, CT 06810-4004
Entity Owned
3-yr Hold
Free & Clear
Property ID
US15-0904319
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1989
Construction
STEEL FRAME
Total area
36,572 SF
Lot
5.6 ac (243,936 SF)
Zoning code
IL40
APN
DANB M:K11 L:71
UPID
US15-0904319
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 Eyelid & Facial Cosmetic Center Physician
-
Cosmetic Eye Specialist and Plastic Surgery - Michael Ehrlich MD Ophthalmologist
-
Dr. Katherine J. Zamecki, MD Ophthalmologist
-
Connecticut Eye Consultants, P.C. Ophthalmologist
-
Headache & Migraine Resources Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.94M
Owner & transaction history
Danbury 69 Mp Rk6 LLC · 3 yrs held
Danbury 69 Mp Rk6 LLC
since 2023
Last sale
$15.2M
7 recorded transactions
Zoning & alternative use
IL40 · 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
Method
Estimation
Statistic approach
$14,375,000
ML approach
$9,560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.94M
Range $13.45M – $16.43M · ±10% · vs last sale $15.23M (Jun 7 2023)
Last sale anchor
$15.23M
Jun 7 2023
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
$409 / 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
$165,490
Tax year 2023
Assessed value
$7,093,450
Assessed 2023
Previous assessed
$7,093,450
+0.0% YoY
Effective rate
2.33%
On assessed value
Assessed land
$1,471,680
Assessed improvement
$5,621,770
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
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
6
Total area
36,572 SF
Lot
5.6 ac (243,936 SF)
Zoning code
IL40
APN
DANB M:K11 L:71
UPID
US15-0904319
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.
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
6
Lot
5.6 ac
Current owner
From public records · entity-resolved
Danbury 69 Mp Rk6 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
69 SAND PIT RD, DANBURY, CT 06810-4004
Ownership since
2023
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
Jan 16, 2024
—
Danbury 69 Mp Rk6 LLC
—
Deed
related
$173,260,000 · Capital One Bank NA
Jun 7, 2023
$15,225,000
Danbury 69 Mp Rk6 LLC
Western Ct Medical Ctr S
Warranty Deed
—
May 24, 2021
—
W Ct Medical Ctr LLP
—
Deed
related
$100,000 · Union Savings Bank
Sep 13, 2016
—
Western Ct Medical Cen
—
Deed
related
$2,200,000 · Union Savings Bank
Jun 10, 1999
$2,775,000
Quarry Farms LLC
Western Conn Med Ctr
Warranty Deed
—
Jul 19, 1994
—
Western Conn Medical
—
Deed Of Trust
related
$2,800,000 · Peoples Bank
Dec 30, 1993
—
Western Ct Medical Ctr
—
Deed Of Trust
related
$1,120,000 · 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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