Technical
Financial
Distress signals
Property profile

568 Danbury Rd New Milford, CT 06776

FOR LEASE
Other investment properties
Property ID
US15-1007932
3.67 ac lot
Entity Owned 19-yr Hold Free & Clear
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Property summary

AI-generated overview

This commercial land parcel in New Milford, Connecticut is situated on the New Milford/Brookfield border near I-84, with a lot size of 3 acres. The property is zoned 013: Mixed Use-Prim Res & Comm, supporting mixed residential and commercial uses. It is described as having 2,000 square feet of living area.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 3.67 ac (159,865 SF)
Zoning code I-C
APN NMIL M:4 L:20
UPID US15-1007932

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Landscaping General Contractor
  • Carpet Cleaning Service
  • Landscaping General Contractor
  • HVAC Service General Contractor

Location

568 Danbury Rd New Milford, CT 06776
New Milford metro Census 253400 TORRINGTON, CT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2007
2 recorded transactions
2007
$1
2004
Price N/A

Zoning & alternative use

I-C · New Milford, CT
Zoning description

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)…

General category INDUSTRIAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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