1 Roger Sherman Rd New Milford, CT 06776
This exceptional 1.33-acre commercial and industrial land parcel presents a unique investment opportunity in New Milford, Connecticut. Located at 1 Roger Sherman Drive (06776), this property boasts B2 zoning, allowing for a wide range of industrial and commercial uses, including outside storage. The site is part of the Sherman Commerce Park and benefits from existing infrastructure, including a well and septic system. Future improvements include a paved driveway and tree clearing. This fully approved lot is ready for immediate development. The property's convenient location on Route 7 provides excellent accessibility and visibility. Two 4,000 square foot buildings are permitted. Additional acreage is available, with the potential to acquire up to 7.47 acres. This makes it an ideal location for contractors or businesses seeking a strategic location with ample space for expansion. The asking price for this 1.33-acre lot is $250,000. Don't miss this chance to secure a prime piece of land in a thriving Connecticut market. Contact us today to learn more about this exceptional opportunity and explore the potential for expansion with additional available lots.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.