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    Property profile & analytics

    78 Lk Ave Danbury, CT 06810-3312

    • Retail space
    • 5,120 SF
    • 0.45 lot acres
    OFF-MARKET
    Value Estimation
    $1,170,000
    Last Sale
    Jun 12, 2024
    $1,200,001
    Location Intelligence
    Property ID
    US15-1019351
    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

    • Accenté Salon Ridgefield / Beauty Salon / Hair Salon
    • Gastronomia Paty Paty / Ecuadorian Restaurant
    • Spiritually Healing hands / Massage Spa
    • Drake Skidsteer Rental / Construction Machine Rental Service
    • The Washboard Laundry Center / Laundromat / Home Goods Store

    Property Details for 78 Lk Ave

    Year built
    1950
    Construction
    FRAME
    Lot size
    0.45 lot acres
    Property size
    5,120 SF
    Zone code
    CN5
    Property type
    Retail space
    APN
    DANB M:G15 L:126
    APU
    DANBMG15L126

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,140,000
      6.5%
      $1,030,000
      7%
      $1,155,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,145,000
      Geo Method
      $1,045,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,140,000
      Retail
      $1,140,000
      Mixed-Use
      $1,180,000
      Hospitality
      $875,000
      Educational
      $1,075,000
      Residential Income
      $955,000
      Energy
      $1,175,000
      Income-Based Land
      $1,200,000
      Food Service
      $1,025,000

    Location Insight

    • Map
    • Local Demand
    City
    Danbury
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4706
    Latitude
    41.3884
    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
    $13,821
    $297,710
    $294,700
    $592,410
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      12,816 SF

      75 Main St, Unit 83

      RETAIL STORES (PERSONAL SERVICES) • 12,816 SF
      75 Main St, Danbury, CT 06810-7802
      View Details
    • Value Estimation
      $810,000
      7,413 SF

      86-90 White St

      RETAIL STORES (PERSONAL SERVICES) • 7,413 SF
      86-90 White St, Danbury, CT 06810
      View Details
    • Value Estimation
      $250,000
      2,400 SF

      68 Federal Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      68 Federal Rd, Danbury, CT 06810-5034
      View Details
    • Value Estimation
      $290,000
      2,800 SF

      207 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,800 SF
      207 Main St, Danbury, CT 06810-6614
      View Details
    • Value Estimation
      $250,000
      3,060 SF

      76-80 White St

      RETAIL STORES (PERSONAL SERVICES) • 3,060 SF
      76-80 White St, Danbury, CT 06810
      View Details
    • Value Estimation
      $260,000
      1,701 SF

      28 Wildman St

      RETAIL STORES (PERSONAL SERVICES) • 1,701 SF
      28 Wildman St, Danbury, CT 06810-3817
      View Details

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    Similar Nearby for Lease

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      Highly visible retail space with ample parking and signage.
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      Retail space available in high-traffic shopping center.
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      Retail space available in a high-traffic shopping center.
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    • Contact for pricing
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      Class A shopping center space available for rent.
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      Retail space in Danbury's central retail area, easy highway access.
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      View Details
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    78 Lk Ave
    Danbury, CT 06810-3312
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    Realmo Value Estimation

    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.

    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.

    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
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