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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Showrooms
11 Old State Rd, New Milford, CT 06776-4305
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-0414152
Property summary
AI-generated overview
This 2,800 square foot warehouse, located at 11 Old State Rd in New Milford, Connecticut, presents a fantastic opportunity for businesses seeking versatile space. Classified as a Class C property, this single-tenant building offers ample room for industrial or storage use. The property boasts eight (8) drive-in doors, facilitating efficient loading and unloading, and features an 8-foot ceiling height. A convenient bathroom is included within the unit, and additional outside storage is available, enhancing the overall functionality. The zoning is B2 (commercial/industrial), allowing for a range of permitted uses. Situated in Litchfield County, this warehouse benefits from easy access to Route 7 and Interstate 84, providing excellent connectivity for transportation and logistics. The total building square footage is 2,800 square feet, with 2,800 square feet currently vacant. The property's zip code is 06776. This property is an excellent choice for businesses needing a functional and conveniently located warehouse space in New Milford, CT.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,288 SF
Lot
0.74 ac (32,258 SF)
Zoning code
I
APN
NMIL M:14-3 L:81
UPID
US15-0414152
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Lindquist Tree and Landscaping Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$552k
Blend (final)
Blend
$585k
Owner & transaction history
Rita A Steinberger · 2 yrs held
Rita A Steinberger
since 2023
3 recorded transactions
Zoning & alternative use
I · New Milford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Milford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
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T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$63 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,879
Tax year 2024
Assessed value
$231,060
Assessed 2024
Previous assessed
$231,060
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$57,390
Assessed improvement
$173,670
Applied tax rate
222.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
2
Bathrooms
2
Total area
9,288 SF
Lot
0.74 ac (32,258 SF)
Zoning code
I
APN
NMIL M:14-3 L:81
UPID
US15-0414152
Jurisdiction
NEW MILFORD
Zoning & alternative use
I · New Milford, CT
Zoning I · permitted uses
I · New Milford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Milford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
2
Bathrooms
2
Lot
0.74 ac
Current owner
From public records · entity-resolved
Rita A Steinberger
Individual
Free & Clear · 2 yrs held
Mailing address
84 RIVERFORD RD, BROOKFIELD, CT 06804-1323
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2023
—
Rita A Steinberger
Filomena Capanna T
Deed
—
Mar 23, 2011
$1
Filomena Capanna Ret
Capanna,filomena
Warranty Deed
—
Jan 26, 1995
—
Filomena Capanna
—
Deed Of Trust
related
$1,100,000 · First National Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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