51 Sugar Hollow RdDanbury, CT 06810

Property Details for 51 Sugar Hollow Rd

Year built

1978

Construction

FRAME

Lot size

1.39 AC

Property size (Sq ft)

11,770 SF

Zone code

IL40

Property type

Office properties

Property subtype

Office buildings

APN

DANB M:G24 L:5

APU

DANBMG24L5

Description

This exceptional commercial property at 51 Sugar Hollow Road in Danbury, Connecticut offers 12,272 square feet of versatile space, currently featuring 1,086 square feet immediately available for lease. The building, constructed in 1978, is classified as Class C and boasts a multi-tenant occupancy. The available space is suitable for a variety of uses, including retail, medical, daycare, office, flex space, and light industrial applications. Two spaces are currently available, ranging in size from 1,086 to 1,357 square feet, located on the first and second floors. The property enjoys a highly visible location on Danbury Road (Route 7), providing excellent exposure to a high volume of commuters. Its proximity to I-84, the Danbury Fair Mall, and downtown Ridgefield further enhances its accessibility and desirability. The building features prominent signage, both on the building itself and on a pylon sign, maximizing visibility. Utilities are conveniently handled with heat included in the lease, while tenants are responsible for their own electricity. Ample parking is provided with 35 spaces available for tenants and their clients. This property presents a unique opportunity in the thriving Fairfield County market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,945,933

  6.5%

  $1,796,246

  7%

  $1,667,942

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,537,868

  Geo Method

  $1,537,868

• Alternative Use

  Use

  Valuation

  Residential

  $2,227,344

  Hospitality

  $2,040,236

  Educational

  $1,697,452

  Medical

  $1,755,830

  Retail

  $2,640,481

Location Insight

City

Danbury

County

Fairfield

State

Connecticut

Latitude

41.3383

Longitude

-73.4708

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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