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Property profile & analytics
OFF-MARKET
Commercial land

21 Still Riv Dr New Milford, CT 06776-4492

1.94 ac lot
Entity Owned 16-yr Hold Free & Clear
Property ID
US15-0215951
Property summary
AI-generated overview

This exceptional 16,000-square-foot industrial property, situated on a 2-acre lot in Litchfield County, is now pre-leasing. Completed in 2024, this single-story building offers flexible space options ranging from 1,000 to 12,000 contiguous square feet, with a 25-foot ceiling height. The building features a column spacing of 80' x 25', and each unit includes at least one 12' x 14' drive-in door. The property boasts 530 feet of frontage and ample parking, with outside storage permitted. Its R-I zoning allows for diverse commercial and industrial uses, including data processing, food processing, research labs, manufacturing, assembly, warehousing, and distribution. Conveniently located with easy access to Route 7 and approximately 9 miles from Interstate-84, this modern, clean industrial space provides all city services. Flexible buildouts are available to accommodate tenant needs and lease terms. Currently, 12,000 square feet is available for lease.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.94 ac (84,506 SF)
Zoning code R-I
APN NMIL M:14-1 L:68
UPID US15-0215951
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
O&g Industries INC · 16 yrs held
O&g Industries INC
since 2009
1 recorded transaction
2009
$362,000
Zoning & alternative use
R-I · New Milford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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