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    96 Railroad St New Milford, CT 06776

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    For Sale
    $1,100,000

    Industrial-style building in Village Center district, multiple uses allowed.

    Property size:
    4,976 SF
    Lot size:
    0.87 Acres

    Property Features for 96 Railroad St

    General Information

    Size
    4,976 SF
    Lot size
    0.87 Acres

    Source: Scalzo Agent Paul Scalzo Sr

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Village Center Industrial-Style Building

    This industrial-style building is located in the Village Center district and offers upside opportunity. The property features two overhead drive-in doors and a loading dock. The interior is pristine, with polished floors and 12-foot ceilings. A second-story loft is accessible from the rear of the building. The VCD zoning allows for multiple uses, including retail, light industrial, and second or third-floor residential or multi-family options. A feasibility study has been prepared for the development of multi-family units or industrial-style units in the rear of the building. The rear area is paved, clear, and level, ready for construction. The property has city water and sewer services. It is conveniently located across from the train station on a well-traveled street with retail, restaurants, and ample municipal parking. The property will be available in 30 days and has a size of 4976 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Executive Cuisine, La Jolie Chef Personal Chef Service

    Location Insight

    • Map
    • Local Demand
    City
    New Milford
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.4136688
    Latitude
    41.579334

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    FAQs

    What type of property is this?
    Flex space - Industrial-style building in Village Center district, multiple uses allowed.
    Where is this flex space located?
    The property is located at 96 Railroad St New Milford, CT.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - VCD zoning allows for multiple uses including retail, light industrial, and 2nd/3rd floor residential/multi-family.; - Located across from the train station on a well-traveled street with retail, restaurants, and ample municipal parking.; - Benefit from two overhead drive-in doors plus a loading dock.
    (203) 470-3972
    Request Owner's contact information
    96 Railroad St New Milford, CT 06776
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    96 Railroad St
    New Milford, CT 06776
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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
    96 Railroad St New Milford, CT 06776
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