93 Lake AveDanbury, CT 06810

Property Details for 93 Lake Ave

Year built

2002

Construction

STEEL FRAME

Lot size

3.86 AC

Property size (Sq ft)

42,145 SF

Zone code

RA8

Property type

Office properties

Property subtype

Office buildings

APN

DANB M:G15 L:25

APU

DANBMG15L25

Description

This exceptional Class A office building, located at 93 Lake Ave in Danbury, Connecticut, offers 38,501 square feet of premium space. Built in 2002, this single, three-story building features two available suites: one measuring 4,331 square feet and another at 5,021 square feet, ideal for executive or medical office uses. The property sits on 3.86 acres and boasts a convenient location, offering easy access to I-84 (Exit 4), Route 7, Route 6, and Route 202. Its proximity to Danbury's Metro-North train station and municipal airport enhances its appeal. The building is zoned RA8 and includes ample private parking with professional landscaping, two elevators for ADA compliance, and luxurious bathrooms on each floor. High-end finishes and quality construction contribute to a professional atmosphere. Nearby amenities include the Danbury Fair Mall and Whole Foods Market, along with various dining, banking, and shopping options. This prime location offers excellent regional accessibility and strong professional appeal.

• CAP approach

  CAP return

  Valuation

  6%

  $6,967,828

  6.5%

  $6,431,840

  7%

  $5,972,424

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,506,666

  Geo Method

  $5,506,666

• Alternative Use

  Use

  Valuation

  Residential

  $7,975,482

  Hospitality

  $7,305,499

  Educational

  $6,078,090

  Medical

  $6,287,124

  Retail

  $9,454,806

Location Insight

City

Danbury

County

Fairfield

State

Connecticut

Latitude

41.3892

Longitude

-73.4732

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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