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    315 Litchfield Rd New Milford, CT 06776

    For Sale
    $630,000

    Highly visible office building with investment potential in New Milford.

    Lot size:
    3.45 Acres

    Property Features for 315 Litchfield Rd

    General Information

    Lot size
    3.45 Acres

    Building Details

    Year built
    1996

    Source: W. Raveis Lifestyles Realty Agent Austin Farmer

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

    Overview

    Well-Maintained Office Building For Sale

    This well-maintained office building is located on Route 202 in New Milford. The property is currently configured as professional office space, but could also be suitable for retail, veterinary, or medical use due to its B-1 zoning. The building is currently 100% rented, generating over $6,000 per month, indicating investment potential. An adjacent 1.40-acre parcel is included in the price, offering opportunities for expansion or additional parking.
    Insight Report Location Intelligence

    Current Use by Public Records

    Black Tie Pool ... Swimming Pool Contractor Law Offices of Cecilia ... Law Firm Mrs. Gretchen Oshea Counselor Anderson Counseling and Wellness Counselor

    Suggested Use

    Restaurant Law Firm Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Milford
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.3930833
    Latitude
    41.6335962

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    FAQs

    What type of property is this?
    Office building - Highly visible office building with investment potential in New Milford.
    Where is this office building located?
    The property is located at 315 Litchfield Rd New Milford, CT.
    What is the asking price?
    The asking price for this property is $630,000.
    What are key features of this property?
    This property features: - High visibility location on Route 202; - Includes adjacent 1.40 acre parcel for expansion or parking; - Currently 100% rented, generating over $6,000 per month
    (860) 248-0160
    Request Owner's contact information
    315 Litchfield Rd New Milford, CT 06776
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    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
    315 Litchfield Rd New Milford, CT 06776
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