48 Kent Rd New Milford, CT 06776
- Showrooms
- 5,750 SF
- 1.29 lot acres
Current Use by Public Records
- Main Moon / Chinese Restaurant / Delivery Restaurant
- Danni~Leigh's Tanning & Nails / Nail Salon
Property Details for 48 Kent Rd
- Year built
- 1966
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.29 lot acres
- Property size
- 5,750 SF
- Zone code
- B1
- Property type
- Showrooms
- APN
- NMIL M:35-1 L:36
- APU
- NMILM351L36
Description
This exceptional 5,750 square foot retail property, located at 48 Kent Road in New Milford, CT, offers a unique opportunity for businesses seeking high-visibility locations. Situated directly on Route 7, the property boasts an average daily traffic count exceeding 12,000 vehicles, ensuring maximum exposure. The property features a single, one-story building constructed in 1966, situated on 1.29 acres of land and includes 50 parking spaces. Currently, 4,110 square feet of space is available for lease, divisible into units ranging from 840 to 2,310 contiguous square feet. Three spaces are available: two smaller units (840 and 960 square feet) ideal for retail or personal service businesses, both fully updated and ready for immediate occupancy
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $405,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $380,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $425,000
- Retail
- $340,000
- Mixed-Use
- $400,000
- Hospitality
- $355,000
- Educational
- $365,000
- Residential Income
- $375,000
- Energy
- $345,000
- Income-Based Land
- $390,000
- Food Service
- $335,000
Location Insight
- Map
- Local Demand
- City
- New Milford
- County
- Litchfield
- State
- Connecticut
- Longitude
- -73.421
- Latitude
- 41.5793
- CBSA code
- 45860
- CBSA name
- TORRINGTON, CT MICROPOLITAN STATISTICAL AREA
