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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Industrial properties
115 Danbury Rd New Milford, CT 06776-3413
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US15-0832187
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1980
Construction
STEEL FRAME
Total area
4,000 SF
Lot
6.14 ac (267,458 SF)
Zoning code
I
APN
NMIL M:22-2 L:20-1
UPID
US15-0832187
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
-
Goodwill New Milford Store & Donation Station Discount Store
-
Verizon Electronics & Wireless Store
-
Vasquez Stone Supply Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$756k
Blend (final)
Blend
$750k
Owner & transaction history
115 LLC · 20 yrs held
115 LLC
since 2005
2 recorded transactions
Zoning & alternative use
I · New Milford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
I Industrial Zone Airport Airport District MR Multiple-Residence District VCD Village Center District TLD Town Landmark District GSD Government Service District (Effective: June 22, 1989) SCDD Shopping Center Design District (Deleted Effective: December 4, 1999) IC Industrial/Commercial Zone (Effective: December 23, 1996) RI Restricted Industrial Zone (Effec…
Zone name
Industrial Zone
General category
INDUSTRIAL
Zone area
1,429.72 ac
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)
Refine in 60 seconds, get exact suggested price
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
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$570,000
Current use
OFFICE BUILDING
$465,000
Change: -18% · Conversion: Easy
RETAIL STORES
$455,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$750k
Range $675k – $825k · ±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
$188 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$55,162
Tax year 2023
Assessed value
$1,903,450
Assessed 2023
Previous assessed
$1,903,450
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$648,980
Assessed improvement
$1,254,470
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
4,000 SF
Lot
6.14 ac (267,458 SF)
Zoning code
I
APN
NMIL M:22-2 L:20-1
UPID
US15-0832187
Jurisdiction
NEW MILFORD
Zoning & alternative use
I · New Milford, CTZoning 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
Zoning description
I Industrial Zone Airport Airport District MR Multiple-Residence District VCD Village Center District TLD Town Landmark District GSD Government Service District (Effective: June 22, 1989) SCDD Shopping Center Design District (Deleted Effective: December 4, 1999) IC Industrial/Commercial Zone (Effective: December 23, 1996) RI Restricted Industrial Zone (Effective: September 18, 1999) RT7 Route 7 and 202 Curb Access and Management Overlay Zone RT202 Route 202 Corridor District (Effective: January 14, 2000) HRD Housatonic River District CLWD Candlewood Lake Watershed District PRD Planned Residential Development PDD Planned Development District AACZ Active Adult Community Zone (Effective: June 16, 2001) MPRDD#1 Major Planned Residential Development District #1 (Effective: March 1, 2005) CCSD#1 Cluster Conservation Subdivision District #1 (Effective: December 27, 2004) CCSD#2 Cluster Conservation Subdivision District #2 (Effective: December 27, 2004)
Zone name
Industrial Zone
General category
INDUSTRIAL
Zone area
1,429.72 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$570,000
OFFICE BUILDING
Est. value
$465,000
RETAIL STORES
Est. value
$455,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
6.14 ac
Current owner
From public records · entity-resolved
115 LLC
Entity
Mailing address
125 SS ST, DANBURY, CT 06810-8039
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2005
$2,250,000
115 LLC
Schneider Resources INC
Warranty Deed
$2,450,000 · Savings Bank Of Danbury
—
—
115 LLC
—
Deed Of Trust
related
$2,450,000 · Savings Bk/danbury
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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