80 Pickett District RdNew Milford, CT 06776

  • Industrial properties
  • 60,767 SF
For Sale
$6,750,000 View listing

Property Details for 80 Pickett District Rd

Year built
1956
Construction
STEEL FRAME
Lot size
8.00 AC
Property size (Sq ft)
60,767 SF
Zone code
RI
Property type
Industrial properties
Property subtype
Other industrial properties
APN
NMIL M:18-4 L:38
APU
NMILM184L38

Description

This exceptional 63,267-square-foot industrial facility in New Milford offers unparalleled accessibility and convenience, situated just off Route 7 and 12 miles from I-84. Originally built in 1956 and extensively renovated in 2020, this Class B property features flexible space subdividable to approximately 10,000 square feet, making it ideal for a variety of industrial uses. The building boasts five loading docks, two drive-in doors, and generous ceiling heights of 17-18 feet. Modern amenities include multiple bathrooms, a cafeteria, executive and bullpen offices, a showroom, and a central reception area. The property also includes ample paved parking. State-of-the-art infrastructure supports operations, featuring a full HVAC system, metered electric service, city water and septic, a 277/480-volt power supply with backup generator, and a full sprinkler system. Situated on 8 acres of RI-zoned land, this property offers significant expansion potential (estimated 40,000 square feet). Leasing is available at $10.75 per square foot (modified gross), and a purchase option is available at $6,750,000. The property's location provides easy access to Danbury, Brookfield, Roxbury, Bridgewater, and Kent, offering proximity to restaurants and city services. This versatile industrial space presents a prime opportunity.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,499,493
    Hospitality
    $10,533,474
    Educational
    $8,763,727
    Medical
    $9,065,125
    Retail
    $13,632,464
80 Pickett District Rd, New Milford, Connecticut
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Location Insight

City
New Milford
County
Litchfield
State
Connecticut
Latitude
41.554
Longitude
-73.4114
CBSA code
45860
CBSA name
TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$42,353
$584,780
$876,680
$1,461,460
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