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Property profile & analytics
FOR LEASE
Showrooms
48 Kent Rd New Milford, CT 06776
Entity Owned
4-yr Hold
Free & Clear
Property ID
US15-0291710
For Lease
1 / 10
$17.50 SF/Yr
48 Kent Rd, New Milford, CT 06776
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Property summary
AI-generated overview
This exceptional 5,750 square foot retail property, located at 48 Kent Road in New Milford, CT, offers a unique opportunity for businesses seeking high-visibility locations. Situated directly on Route 7, the property boasts an average daily traffic count exceeding 12,000 vehicles, ensuring maximum exposure. The property features a single, one-story building constructed in 1966, situated on 1.29 acres of land and includes 50 parking spaces. Currently, 4,110 square feet of space is available for lease, divisible into units ranging from 840 to 2,310 contiguous square feet. Three spaces are available: two smaller units (840 and 960 square feet) ideal for retail or personal service businesses, both fully updated and ready for immediate occupancy
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,750 SF
Lot
1.29 ac (56,192 SF)
Zoning code
B1
APN
NMIL M:35-1 L:36
UPID
US15-0291710
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
-
Main Moon Restaurant
-
Danni~Leigh's Tanning & Nails Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
48 Kent Road LLC · 4 yrs held
48 Kent Road LLC
since 2021
Last sale
$360,000
6 recorded transactions
Zoning & alternative use
B1 · New Milford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,971
Tax year 2023
Assessed value
$309,570
Assessed 2023
Previous assessed
$309,570
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$111,680
Assessed improvement
$197,890
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
4
Rooms
1
Bathrooms
2
Total area
5,750 SF
Lot
1.29 ac (56,192 SF)
Zoning code
B1
APN
NMIL M:35-1 L:36
UPID
US15-0291710
Jurisdiction
NEW MILFORD
Zoning & alternative use
B1 · New Milford, CT
Zoning B1 · permitted uses
B1 · New Milford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Milford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
4
Rooms
1
Bathrooms
2
Lot
1.29 ac
Current owner
From public records · entity-resolved
48 Kent Road LLC
Entity
Free & Clear · 4 yrs held
Mailing address
31 HBR ST, STAMFORD, CT 06902-7305
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2026
—
37 Manor LLC
—
Deed
related
$450,000 · Secure Capital Group LLC
Jul 30, 2021
$360,000
48 Kent Road LLC
Lester&lynore LLC
Warranty Deed
—
Aug 21, 1997
$190,000
Lester & Lunore LLC
New Milford B&t
Grant Deed
$152,000 · Nmbt
Nov 17, 1987
$387,000
Leroy Sipe
Litwin,peter
Grant Deed
$296,000 · Nmbt
—
—
Lester & Lynore LLC
—
Deed Of Trust
related
$30,000 · Patricia Farrell
—
—
Lester & Lynore LLC
—
Deed Of Trust
related
$130,000 · Elizabeth L Wright
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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