Building Details

Year Built 2025

Listing Agency: W. Raveis Lifestyles Realty Show Phone

Listed By: Austin Farmer · License #RES.0800899 Show Phone

Source: Schunkrealtygroup

Added: May 31, 2024 Changed: Oct 29 Last Checked: Oct 29 at 2:39PM

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Investment Insights

Based on property information with market context.

This approximately 2-acre commercial parcel is cleared and dry, with zoning designated I. Approval is in place for a 16,640-square-foot hotel. Electric, gas, telephone, cable, and public water are connected to the property.

The parcel is the final component of Morgan Square, a development that includes Aldi and Burger King. It is positioned at a signalized intersection in the Route 7/202 retail corridor, which carries 30,000 trips per day.

Key Highlights

• Approximately 2 acres of cleared, dry commercial land
• Approved hotel plan for 16,640 SF
• I zoning

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Hair Salon Electrical Service Storage Facility Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

366

Businesses Nearby

Explore this area Business Placement

Demographics for 06776, CT

26,848

Population

11,120

Households

2.4

Avg Household Size

44

Median Age

41%

College-Educated

95%

High-School Grad

56.2 sq mi

ZIP Area

478

Density / Sq Mi

$102,240

Median Household Income

$50,407

Median Earnings

$1,598

Median Rent

$380,800

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - The site has hotel approval and existing utility connections for future development.

Where is this commercial land located?

The property is located at 125 Danbury Road 3 New Milford, CT.

What is the asking price?

The asking price for this property is $1,395,000.

What are key features of this property?

This property features: Approximately 2 acres of cleared, dry commercial land; Approved hotel plan for 16,640 SF; I zoning