Technical
Financial
Distress signals
Property profile

389 Litchfield Rd New Milford, CT 06776

OFF-MARKET
Investment properties
Property ID
US15-0417639
1.3 ac lot
Individually Owned 1-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 1.3 ac (56,628 SF)
Zoning code B-1
APN NMIL M:72 L:28
UPID US15-0417639

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

389 Litchfield Rd New Milford, CT 06776-2005
New Milford metro Census 253500 TORRINGTON, CT MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2025
Last sale
$400,000
2 recorded transactions
2025
$400,000
2001
Price N/A

Zoning & alternative use

B-1 · New Milford, CT
Zoning description

Industrial Commercial (IC), Restricted Industrial (RI), Restricted Business Zone (B-1), General Business Zone (B-2), B-4 Zone, Lake Business Zone (B-3), Multiple-Residence District (MR) and the Airport District where any…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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