223 Kent Rd New Milford, CT 06776-5546
- Investment properties
- 4.49 lot acres
Current Use by Public Records
- Avalon Exteriors LLC / Remodeler
- Timber Craft / Craft Store
- Summit Stor-all / Storage Facility
- Kent Road Self Storage / Storage Facility
- Matthew Kull Foundation / Association / Organization
Property Details for 223 Kent Rd
- Lot size
- 4.49 lot acres
- Zone code
- I
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- NMIL M:34 L:11
- APU
- NMILM34L11
Description
This exceptional 12,800-square-foot warehouse, located at 223 Kent Road (Route 7), Building 6, Unit 230 in New Milford, Connecticut, presents a significant opportunity for businesses seeking ample space and convenient access. Built in 2003, this single-tenant property boasts a substantial 28-foot ceiling height, providing ample vertical storage capacity. The unit features three loading docks and one drive-in door, ensuring efficient loading and unloading operations. Power is supplied by a robust 200-amp, 3-phase electrical system, suitable for a variety of industrial applications. The property is zoned I (Industrial), making it perfectly suited for warehousing, manufacturing, or storage-related businesses. Situated in Litchfield County, the warehouse enjoys a strategic location, just 1.4 miles north of the bridge, offering easy access to major transportation routes. The entire 12,800 square feet is currently vacant and ready for immediate occupancy. This property represents a rare opportunity to secure a well-appointed, spacious warehouse in a prime location. The address is 223 Kent Rd, New Milford, CT 06776.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,870,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,880,000
- 6.5%
- $1,940,000
- 7%
- $2,000,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,045,000
- Geo Method
- $2,125,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,560,000
- Retail
- $2,095,000
- Mixed-Use
- $1,555,000
- Hospitality
- $1,595,000
- Educational
- $2,105,000
- Residential Income
- $1,785,000
- Energy
- $1,910,000
- Income-Based Land
- $2,030,000
- Food Service
- $1,770,000
Location Insight
- Map
- Local Demand
- City
- New Milford
- County
- Litchfield
- State
- Connecticut
- Longitude
- -73.4414
- Latitude
- 41.5819
- CBSA code
- 45860
- CBSA name
- TORRINGTON, CT MICROPOLITAN STATISTICAL AREA
