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Property profile & analytics
OFF-MARKET
Estimated value
$1,660,000
Industrial properties
48 Anderson Ave New Milford, CT 06776-3671
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US15-0325205
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
42,388 SF
Lot
4.62 ac (201,247 SF)
Zoning code
I
APN
NMIL M:23-3 L:18
UPID
US15-0325205
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Wainscot Solutions Interior Design Home Decor Store
-
Hertz Car Rental - New Milford - Anderson Avenue HLE Car Rental Facility
-
Unfors Instrument Inc Medical Supply Store
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Leap Inks Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
Anchortown Ltd · 1 yrs held
Anchortown Ltd
since 2025
Last sale
$1.6M
2 recorded transactions
Zoning & alternative use
I · New Milford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
I Industrial Zone Airport Airport District MR Multiple-Residence District VCD Village Center District TLD Town Landmark District GSD Government Service District (Effective: June 22, 1989) SCDD Shopping Center Design District (Deleted Effective: December 4, 1999) IC Industrial/Commercial Zone (Effective: December 23, 1996) RI Restricted Industrial Zone (Effec…
Zone name
Industrial Zone
General category
INDUSTRIAL
Zone area
1,429.72 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Milford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$1,035,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±10% · vs last sale $1.60M (Dec 17 2024)
Last sale anchor
$1.60M
Dec 17 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$39 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$27,711
Tax year 2023
Assessed value
$956,220
Assessed 2023
Previous assessed
$956,220
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$246,140
Assessed improvement
$710,080
Applied tax rate
222.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
4
Bathrooms
2
Total area
42,388 SF
Lot
4.62 ac (201,247 SF)
Zoning code
I
APN
NMIL M:23-3 L:18
UPID
US15-0325205
Jurisdiction
NEW MILFORD
Zoning & alternative use
I · New Milford, CTZoning I · permitted uses
I · New Milford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
I Industrial Zone Airport Airport District MR Multiple-Residence District VCD Village Center District TLD Town Landmark District GSD Government Service District (Effective: June 22, 1989) SCDD Shopping Center Design District (Deleted Effective: December 4, 1999) IC Industrial/Commercial Zone (Effective: December 23, 1996) RI Restricted Industrial Zone (Effective: September 18, 1999) RT7 Route 7 and 202 Curb Access and Management Overlay Zone RT202 Route 202 Corridor District (Effective: January 14, 2000) HRD Housatonic River District CLWD Candlewood Lake Watershed District PRD Planned Residential Development PDD Planned Development District AACZ Active Adult Community Zone (Effective: June 16, 2001) MPRDD#1 Major Planned Residential Development District #1 (Effective: March 1, 2005) CCSD#1 Cluster Conservation Subdivision District #1 (Effective: December 27, 2004) CCSD#2 Cluster Conservation Subdivision District #2 (Effective: December 27, 2004)
Zone name
Industrial Zone
General category
INDUSTRIAL
Zone area
1,429.72 ac
Building & site characteristics
From public records
Year built
1972
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
4
Bathrooms
2
Lot
4.62 ac
Current owner
From public records · entity-resolved
Anchortown Ltd
Individual
Mailing address
56 GUERNSEY LN, NEW MILFORD, CT 06776-2685
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2025
$1,600,000
Anchortown Ltd
Anderson Avenue Assoc
Warranty Deed
$1,250,000 · Union Savings Bank
Jan 6, 1994
$205,000
Cornelius J Lacava
Moffitt,thomas F
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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