Financial
Distress signals
Property profile

389 Litchfield Rd New Milford, CT 06776

OFF-MARKET
Investment properties
Property ID
US15-0417639
1.3 ac lot
Last sale Jul 2025 · $400,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$255k
Assessed land$80k
Assessed improvement$175k
Effective rate2.90%

Value estimate

· Sep 2026
$290k
$261k – $319k
AI approach$290k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$143/SF
ZIP average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$98 – $189

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-1
Industrial Commercial (IC), Restricted Industrial (RI), Restricted Business Zone (B-1), General Business Zone (B-2), B-4 Zone, Lake Busin...
General categoryCOMMERCIAL
JurisdictionNEW MILFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop10.1
Restaurant9.4
Law Firm9.4

Location

389 Litchfield Rd New Milford, CT 06776-2005
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11 Housatonic, New Milford, CT 06776-2711 $260,000 May 2025 1,101 SF
299 Kent, New Milford, CT 06776-5522 $500,000 May 2025 No data
12 Elm, New Milford, CT 06776-2939 $655,000 Jan 2025 No data
20 Sega, New Milford, CT 06776-4308 $455,000 Dec 2024 2,280 SF
20 Peagler Hl, New Milford, CT 06776-3449 $330,000 Nov 2024 1,328 SF
121 Litchfield, New Milford, CT 06776-2212 $350,000 Oct 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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