21 Still Riv Dr New Milford, CT 06776-4492
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-I · New Milford, CTNew Milford. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.