Property profile

193 Pickett District Rd New Milford, CT 06776

OFF-MARKET
Industrial properties
Property ID
US15-0441401
11,640 SF 2.58 ac lot Built 1998
Entity Owned 28-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1998
Construction STEEL FRAME
Total area 11,640 SF
Lot 2.58 ac (112,385 SF)
Zoning code RI
APN NMIL M:18-2 L:64-A
UPID US15-0441401

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Production Facility
  • Industrial Manufacturer Production Facility

Location

193 Pickett District Rd New Milford, CT 06776-4414
New Milford metro Census 425700 TORRINGTON, CT MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.11M
CAP Approach CAP
by Request
Comparable Approach Comparable
$878k
Blend (final) Blend
$975k

Owner & transaction history

since 1998
Last sale
$940,000
4 recorded transactions
2020
Price N/A
1998
Price N/A
1998
$175,000
1969
Price N/A

Zoning & alternative use

RI · New Milford, CT
Top alternative use upside
Restaurant $1.5M +44.5%
Apartment house (5+ units) $1.5M +37.4%
Office building $1.4M +28.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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