Current Use by Public Records
- Land
Property Details for 0 Danbury Rd
- Lot size
- 21.65 lot acres
- Property type
- Land
Description
This exceptional 21.65-acre development opportunity in New Milford, Connecticut, presents a unique chance to build on a highly visible parcel along Danbury Road (Route 7/202). Located near the town center, this B-2 zoned property boasts an average daily traffic count of 28,000 vehicles, ensuring high visibility and accessibility. The site's strategic location is surrounded by major national retailers, including Big Y, Walmart, Stop & Shop, Kohl's, and Home Depot, creating a vibrant and established commercial environment. Approximately 10 buildable acres are available, allowing for the construction of up to 115,000 square feet. Permitted uses are diverse, encompassing retail, hotels, motels, professional offices, wholesale, manufacturing, automotive uses, active adult communities, planned single-family homes, and assisted living facilities. Concept plans are available for review. The asking price is $1,250,000, and significant tax abatements are available for eligible projects. Convenient access is provided via I-84, Exit 7 (Danbury Road). This property offers unparalleled potential for substantial returns in a thriving Connecticut market. The property is situated at Danbury Rd, New Milford, CT 06776, in Litchfield County.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Milford
- County
- Litchfield
- State
- Connecticut
- Longitude
- -73.4222
- Latitude
- 41.5391
