7 Pickett District Rd New Milford, CT 06776-4452
This 4,360 sq ft vacant industrial building in New Milford, CT, is situated on a 0.49-acre lot zoned B-2. The property features a large level parking area, full basement, and attic storage, offering ample space for various uses. Currently vacant, it's ready for redevelopment following interior demolition. A feasibility study has been completed for a potential new 4,875 sq ft building. The property boasts excellent signage visibility from its location just off Route 7. Suitable for a wide range of businesses, including auto repair, light manufacturing, warehousing, and professional offices (medical, dental, legal, financial, or outpatient medical facilities). The building includes electric heat pump central A/C, city sewer, and well water (city water is available in the street). Annual property taxes are $10,746. The property is available for sale by owner and offers an ideal opportunity for businesses seeking flexible space in a desirable location. Occupancy is available September 27, 2024. The asking price is $489,000.
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Paul F. Dobies, DPM Physician
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Dr. Rihamary Jimenez Physician
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Dr. Allan S. Phillips Orthodontics Dental Office
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Foot & Ankle Specialists: Treadwell Joseph DPM Physician
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Charles W. Scott, DPM Physician
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.