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Property profile & analytics
OFF-MARKET
Estimated value
$2,115,000
Medical Office Space
722 Post Rd Darien, CT 06820-4744
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US15-0636400
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1978
Construction
STEEL FRAME
Total area
13,596 SF
Lot
0.45 ac (19,419 SF)
Zoning code
DB
APN
DARI M:16 B:102
UPID
US15-0636400
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
-
Fredric Newman MD FACS Physician Medical Clinic
-
The Aesthetic Center Plastic Surgery & Medical Spa Physician Medical Clinic
-
LEO R.OTAKE, M.D., PH.D., FACS Physician Medical Clinic
-
Leo Otake MD, PhD, FACS Physician Medical Clinic
-
Yuen-Jong Liu, M.D. Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.12M
Owner & transaction history
Clarfield Newman Prop LLC · 5 yrs held
Clarfield Newman Prop LLC
since 2020
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
DB · Darien, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
SECTION 760. DESIGNED BUSINESS ZONE (DB) ................................................................... VII-24 761. Background and Purposes .............................................................................................. VII-24 762. Permitted Principal Uses ...................................................................................…
Zone name
Designed Business
General category
COMMERCIAL
Zone area
69.07 ac
Source
Darien Zoning Regulations
Top alternative use upside
Restaurant
$2.0M
+91.2%
Office building
$1.5M
+46.9%
Auto repair, garage
$1.4M
+30.4%
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 Darien submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Darien 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
$2,305,000
ML approach
$2,155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,010,000
Change: +91% · Conversion: Difficult
OFFICE BUILDING
$1,545,000
Change: +47% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,370,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$2.12M
Range $1.90M – $2.33M · ±10% · vs last sale $2.00M (Sep 21 2020)
Last sale anchor
$2.00M
Sep 21 2020
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
$156 / 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
$39,762
Tax year 2023
Assessed value
$2,257,920
Assessed 2023
Previous assessed
$2,257,920
+0.0% YoY
Effective rate
1.76%
On assessed value
Assessed land
$793,590
Assessed improvement
$1,464,330
Applied tax rate
120.0000
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
1978
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
3
Total area
13,596 SF
Lot
0.45 ac (19,419 SF)
Zoning code
DB
APN
DARI M:16 B:102
UPID
US15-0636400
Jurisdiction
DARIEN
Zoning & alternative use
DB · Darien, CTZoning DB · permitted uses
DB · Darien, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
SECTION 760. DESIGNED BUSINESS ZONE (DB) ................................................................... VII-24 761. Background and Purposes .............................................................................................. VII-24 762. Permitted Principal Uses ................................................................................................ VII-24 763. Principal Uses Requiring Special Permits ...................................................................... VII-24 764. Permitted Accessory Uses .............................................................................................. VII-25 765. Permitted Accessory Uses .............................................................................................. VII-25 766. Area and Bulk Requirements ......................................................................................... VII-25 767. Special Controls ............................................................................................................. VII-26 768. Assisted Living Facility (ALF) and Memory Care Facility (MCF) ............................... VII-28 Page-vii
Zone name
Designed Business
General category
COMMERCIAL
Zone area
69.07 ac
Source
Darien Zoning Regulations
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1978
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
3
Lot
0.45 ac
Current owner
From public records · entity-resolved
Clarfield Newman Prop LLC
Entity
Mailing address
722 POST RD STE #201, DARIEN, CT 06820-4731
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Sep 21, 2020
—
Clarfield Newman Prop LLC
Newman Properties LLC
Quit Claim Deed
related
$2,000,000 · Ulster Savings Bank
Sep 5, 2008
—
Newman Properties LLC
—
Deed Of Trust
related
$2,200,000 · Ulster Savings Bank
Apr 22, 2003
—
Newman Properties LLC
—
Deed Of Trust
related
$1,900,000 · Ulster Savings Bank
Jan 24, 2002
—
Newman Prop LLC
—
Deed Of Trust
related
$1,433,537 · Ulster Savings Bank
Jun 29, 2000
$2,000,000
Newman Prop LLC
Ordon Family LP
Warranty Deed
$1,500,000 · Ulster Savings Bank
Nov 18, 1996
$1,625,000
Ordon Family Ptnshp
722 Darien LP
Warranty Deed
$1,350,000 · Tms Mortgage
Nov 18, 1996
—
Ordon Family Ptnshp
—
Deed Of Trust
related
$125,000 · 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.
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