Property summary
A free-standing commercial building located in the center of New Milford. The first-floor interior provides 3,500 sq. ft. of professional space, arranged with a reception area, a common workspace, five private offices, and two handicap-accessible restrooms. The building’s configuration allows for a range of permitted uses, including office and professional services, and it has historically been described as suitable for uses such as an animal hospital, small church, academy, or restaurant (subject to applicable zoning and approvals). Parking is available on-site in front of the building, with additional street parking nearby. The property is positioned for access to major highways and is near local schools, the main shopping mall, and the Post Office. An optional one-bedroom apartment on the second floor exists within the building and was fully renovated in 2024.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the New Milford market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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