213 Danbury RdWilton, CT 06897

Property Details for 213 Danbury Rd

Year built

2020

Construction

FRAME

Lot size

0.94 AC

Property size (Sq ft)

11,168 SF

Zone code

GB

Property type

Other commercial real estate

Property subtype

Showrooms

APN

WILT M:0071 B:044 L:00

APU

WILTM0071B044L00

Description

This exceptional multifamily investment opportunity in Wilton, Connecticut, presents a rare chance to acquire a substantial property spanning 12,417 square feet. The property consists of two buildings situated on a 0.94-acre lot at 213 Danbury Rd, Wilton, CT 06897. Building 1 is a charming 3,025 square foot converted colonial house, offering unique character and potential. Building 2, significantly larger at 9,392 square feet, includes a 1,500 square foot warehouse space that underwent a complete rebuild in 1988. The property boasts excellent on-site parking, ensuring ample convenience for residents and tenants. Its location provides exceptional visibility and benefits from high traffic counts, while maintaining a surprisingly quiet and peaceful atmosphere. The property is zoned for General Business use, opening up a range of possibilities for future development or expansion. Offered at $2,050,000, this property represents a compelling investment opportunity in a desirable Connecticut market. The property's size, versatile building configurations, and prime location combine to create a strong potential for significant return on investment. Don't miss this chance to secure a valuable asset in the thriving Wilton market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,714,214

  6.5%

  $2,505,428

  7%

  $2,326,469

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,677,212

  Geo Method

  $3,677,212

• Alternative Use

  Use

  Valuation

  Residential

  $2,113,422

  Hospitality

  $1,935,884

  Educational

  $1,610,632

  Medical

  $1,666,024

  Retail

  $2,505,428

Location Insight

City

Wilton

County

Fairfield

State

Connecticut

Latitude

41.1866

Longitude

-73.4239

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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