Current Use by Public Records
- Land
Property Details for 425 Lichfield Rd
- Lot size
- 7.00 lot acres
- Property type
- Land
Description
This exceptional 7-acre commercial land parcel presents a unique investment opportunity in New Milford, Connecticut. Located on Litchfield Road, this property boasts approximately 1,000 feet of frontage directly on high-traffic Route 202, providing excellent visibility and accessibility. Zoned B-2 General Business Zone, the land allows for a wide range of commercial and light industrial uses, including warehousing, manufacturing, retail, offices, auto sales and repair, and contractor shops. A recently completed A-2 survey map facilitates feasibility planning, and a concept study (subject to approval) indicates the potential for a single 10,000 square foot building or two 10,000 square foot buildings (each with a 5,000 square foot footprint). The asking price is $450,000, translating to $64,285 per acre. This property is situated just minutes north of downtown New Milford, offering convenient access from Fairfield County and benefiting from its location in Litchfield County. The APN is 11461. This is a rare opportunity to acquire a sizable, well-located commercial parcel with significant development potential. The property's prime location and versatile zoning make it an ideal investment for businesses seeking a strategic foothold in a thriving area.
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
- -73.3856
- Latitude
- 41.6466
