32 Danbury Rd New Milford, CT 06776
This exceptional 2.82-acre commercial land parcel in New Milford, Connecticut, presents a prime development opportunity. Located on Danbury Road (Route 7), this property boasts 560 feet of frontage, ensuring excellent visibility and accessibility. The site benefits from a high average daily traffic count of approximately 28,000 vehicles, placing it within a thriving retail corridor surrounded by established national brands. An existing 30-foot double-sided billboard, currently leased with Lamar, generates consistent income. The property features a large, 40-foot curb cut, providing prominent access to Danbury Road. The level lot is serviced by city water, sewer, and gas. Zoned B-2, this versatile site allows for a variety of uses, including retail, office, and industrial development. The property has a prior approval for an 1,800 square foot restaurant/retail building and the seller will consider subdividing the land. This is an ideal location for businesses seeking high visibility and convenient access to a substantial customer base. The asking price is $795,000. The property's location is 32 Danbury Road, New Milford, CT 06776, within Litchfield County.
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
B2 · 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.