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Property profile & analytics
FOR SALE
Office buildings

871 Ethan Allen Hwy Ridgefield, CT 06877

11,056 SF 0.75 ac lot Built 1986
Individually Owned 38-yr Hold ~ Est. High Equity
Property ID
US15-0871917
Property summary
AI-generated overview

This exceptional office property, located at 871 Ethan Allen Highway in Ridgefield, Connecticut, offers a variety of flexible leasing options. The two-story, 11,000 square foot Class B building, constructed in 1986, sits on 7.5 acres and features seven suites, with 5,731 square feet currently available for lease. Spaces range from a minimum of 660 square feet to a maximum contiguous space of 7,544 square feet, catering to businesses of various sizes. The available second-floor suites boast bright, airy layouts, including multiple offices, conference rooms, and reception areas. Modern amenities include independent HVAC systems and ample natural light from numerous operating windows. Convenient walk-up access to the second floor is also a key feature. Short-term lease options are considered. The first floor is currently fully leased. This property is also available for purchase at $1,200,000, presenting a compelling user/investment opportunity. The property is situated in a convenient north Ridgefield location within Fairfield County, zip code 06877.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Construction FRAME
Total area 11,056 SF
Lot 0.75 ac (32,670 SF)
Zoning code B-2
APN RIDG M:G10 B:0013
UPID US15-0871917
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
  • Pardee Chiropractic Center Alternative Medicine Practice
  • Darrin D. Pardee, DC Alternative Medicine Practice
  • Maurer & Associates PC Law Firm
  • RIDGEFIELD OFFICE - Dr. Boris Goldman, MD - Aesthetic Plastic Surgery Center Physician Medical Clinic
  • CT Scoliosis and Spine Rehab, LLC Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Michael Ryer · 38 yrs held
Michael Ryer
since 1988
4 recorded transactions
2008
Price N/A
2002
Price N/A
1988
$1.3M
1987
Price N/A
Zoning & alternative use
B-2 · Ridgefield, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name Light Industry
General category UNKNOWN
Zone area 259.40 ac
Source Realmo
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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