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    80 Pickett District Rd New Milford, CT 06776

    Sponsored
    For Lease
    $10 SF/Yr

    63,267 SF Industrial Space - Subdividable

    Lot size:
    63,267 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 63,267-square-foot industrial facility in New Milford offers unparalleled accessibility and convenience, situated just off Route 7 and 12 miles from I-84. Originally built in 1956 and extensively renovated in 2020, this Class B property features flexible space subdividable to approximately 10,000 square feet, making it ideal for a variety of industrial uses. The building boasts five loading docks, two drive-in doors, and generous ceiling heights of 17-18 feet. Modern amenities include multiple bathrooms, a cafeteria, executive and bullpen offices, a showroom, and a central reception area. The property also includes ample paved parking. State-of-the-art infrastructure supports operations, featuring a full HVAC system, metered electric service, city water and septic, a 277/480-volt power supply with backup generator, and a full sprinkler system. Situated on 8 acres of RI-zoned land, this property offers significant expansion potential (estimated 40,000 square feet). Leasing is available at $10.75 per square foot (modified gross), and a purchase option is available at $6,750,000. The property's location provides easy access to Danbury, Brookfield, Roxbury, Bridgewater, and Kent, offering proximity to restaurants and city services. This versatile industrial space presents a prime opportunity.

    Property Features for 80 Pickett District Rd

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    63,267 SF
    Class
    B
    Total Rate
    56676.69

    Building Details

    Year Built/Renovated
    1956/2020
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Entire Building or Subdivision
    Size
    63,267 SF
    Rate per SF
    $10

    HighLights

    • 63,267 SF industrial building, fully vacant and available for lease or sale.
    • Subdividable into units as small as 10,000 SF, with a maximum contiguous space of 63,267 SF.
    • Features include 5 loading docks, 5 dock‑high doors, and 2 drive‑in doors; 17‑18' ceiling heights.
    • Situated on 8 acres of land in New Milford, CT, zoned IR (Restricted Industrial), with potential for expansion.
    • Recently renovated in 2020 (originally built in 1956), offering modern amenities including HVAC, ample parking, and a backup generator.
    • Priced at $10.75/SF (modified gross) for lease, or $6,750,000 for sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    PremierCare Medical Clinic Medical Group DDG Sporting LLC Fitness Equipment Wholesaler

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing 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
    -73.41036778869
    Latitude
    41.55399647662

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    FAQs

    What type of property is this?
    Life science property - 63,267 SF Industrial Space - Subdividable
    Where is this life science property located?
    The property is located at 80 Pickett District Rd New Milford, CT.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 63,267 SF industrial building, fully vacant and available for lease or sale.; Subdividable into units as small as 10,000 SF, with a maximum contiguous space of 63,267 SF.; Features include 5 loading docks, 5 dock-high doors, and 2 drive-in doors; 17-18' ceiling heights.
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    80 Pickett District 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
    80 Pickett District Rd New Milford, CT 06776
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