Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Prime Commercial Space Available Title is generated by Realmo AI

    14 Elm St, New Milford, CT 06776

    View on Map
    Claim this Listing
    For Lease
    $15 SF/Yr

    Exceptional commercial property with modern amenities and a prime location.

    Type:Office - General Office
    Added:
    May 22, 2026
    Days on Market:
    8
    Last Refresh:
    May 22 at 5:08 am

    Property Features for 14 Elm St

    General Information

    Standard status
    Active
    Property subtype
    Office - General Office

    Building Details

    Year Built
    1800

    Spaces For Lease

    at 14 Elm St Contact us

    We can help!

    Listing Contact
    Tommy Consalvo

    Listing agent Tommy Consalvo

    Listing office Tower Realty Corporation

    Listing date May 22, 2026

    Source Commercialcafe

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

    All listing content including descriptions, pricing, images are the copyrighted material of Tower Realty Corporation

    HighLights

    • Prime location at 14 Elm St, New Milford, CT, 06776.
    • Versatile floor plans suitable for a wide range of businesses.
    • Ample parking and easy access for employees and visitors.
    • Large windows providing abundant natural light.
    • Well‑maintained grounds and attractive facade.
    • Year Built: 1800

    Overview

    Located at 14 Elm St, New Milford, CT 06776, this commercial property offers a blend of modern amenities and a prime location. The interior features versatile floor plans suitable for a range of businesses. Large windows provide natural light, creating a welcoming atmosphere. Ample parking and easy access are available for employees and visitors. The property presents a professional image with its attractive facade and well-maintained grounds. The property is available for rent at a rate of 15.
    Location Intelligence

    Current Use by Public Records

    Umbrella Infotech Tech Support Center Lennie's Flower Shop (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    New Milford
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.4103975
    Latitude
    41.5804046

    Nearby Similar for Lease

    • $2,800/Mo
      1,216 SF

      Restaurant Space on Busy Road

      Versatile commercial space ideal for restaurant or other business.
      358 Danbury Road, New Milford, CT 06776
      View Details
    • $1,000/Mo
      900 SF

      New Milford Office Space Available

      Office space for rent near Brookfield/New Milford border.
      568 Danbury Road, New Milford, CT 06776
      View Details
    • $2,800/Mo
      1,200 SF

      Restaurant Space on Danbury Road

      Versatile commercial space ideal for restaurant or other business.
      358 Danbury Rd, New Milford, CT 06776
      View Details
    • $650/Mo
      557 SF

      Updated Office Space Available

      Updated office space for rent in professional building.
      56 Danbury Road #7, New Milford, CT 06776
      View Details
    • $450/Mo

      Office Space on Main Street

      Private office space in a prime downtown location.
      4 Main St, New Milford, CT 06776
      View Details
    • $2,000/Mo

      Commercial Kitchen in Downtown Church

      Equipped commercial kitchen in New Milford, utilities included.
      11 Aspetuck Ave, New Milford, CT 06776
      View Details
    • $450/Mo
      240 SF

      Downtown Office Space on Green

      Private office space in a prime downtown location.
      4 Main Street, New Milford, CT 06776
      View Details
    • $2,000/Mo
      1,500 SF

      Equipped Commercial Kitchen in Church

      Fully equipped commercial kitchen for lease in downtown New Milford.
      11 Aspetuck Avenue, New Milford, CT 06776
      View Details
    • $650/Mo

      Updated Office Space on Route 7

      Updated office space available for immediate occupancy on second floor.
      56 Danbury Rd 7, New Milford, CT 06776
      View Details
    • $1,100/Mo

      Retail or Office Unit Available

      Ground level unit with parking, near New Milford Green.
      6 East St, New Milford, CT 06776
      View Details
    • $1,000/Mo

      Three-Bay Garage Near Town

      Three-bay garage suitable for storage or hobby shop.
      16 Prospect Hill Rd, New Milford, CT 06776
      View Details
    • $1,000/Mo
      1,850 SF

      Three-Bay Garage with Storage

      Three-bay garage with additional storage near town.
      16 Prospect Hill Road, New Milford, CT 06776
      View Details

    FAQs

    What type of property is this?
    Office units - Exceptional commercial property with modern amenities and a prime location.
    Where is this office units located?
    The property is located at 14 Elm St New Milford, CT.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Prime location at 14 Elm St, New Milford, CT, 06776.; Versatile floor plans suitable for a wide range of businesses.; Ample parking and easy access for employees and visitors.
    We can help!
    Listing Contact
    Tommy Consalvo
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    14 Elm St, New Milford, CT 06776
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!