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    Property profile & analytics

    375 Danbury Rd New Milford, CT 06776

    • Retail properties
    • 4,119 SF
    • 1.67 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Bloom Yoga / Yoga Studio
    • Coldwell Banker Realty - New Milford-Litchfield County Regional Office / Real Estate Agent / Real Estate Agency
    • Jessica Diaz / Real Estate Agent
    • Lisa D Prinz Broker Associate; Buy ~ Sell ~ Invest. Veteran Negotiator & Marketer. Staging Specialist. Coldwell Banker Realty / Real Estate Agent / Real Estate Consultant
    • Steven DeNicola, Coldwell Banker Realty / Real Estate Agent

    Property Details for 375 Danbury Rd

    Year built
    1950
    Lot size
    1.67 lot acres
    Property size
    4,119 SF
    Property type
    Retail properties
    Property subtype
    Land

    Description

    This exceptional commercial property at 375 Danbury Road, New Milford, CT, 06776, offers a compelling investment or development opportunity. Situated on a sizable 1.67 to 1.87-acre lot, this property boasts a total of 4,119 square feet across a single building constructed in 1950. Currently configured as a multi-tenant retail space with two tenants, the property presents significant potential for various uses. The IC/R80 zoning permits a range of commercial activities. Its strategic location on Danbury Road (Route 202) ensures high visibility and convenient access, benefiting from proximity to the Route 202/Route 7 connector (less than 10 minutes away). The area is rich with established retailers, local businesses, and restaurants, further enhancing the property's appeal and potential for strong returns. The asking price is $825,000. This property is ideal for investors seeking a well-located, multi-tenant asset with potential for future growth or redevelopment within a thriving commercial corridor. The property's size and location make it an attractive proposition for a variety of commercial ventures. Serious inquiries are encouraged.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Milford
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.423
    Latitude
    41.5293

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      21.65 Acres

      Danbury Rd

      Land • 21.65 Acres
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    • Value Estimation
      $310,000
      2,016 SF

      27 Ee St

      SHOW ROOM, WAREHOUSE • 2,016 SF
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      View Details

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    375 Danbury Rd
    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
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