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    FOR SALE
    Industrial properties

    80 Pickett District Rd, New Milford, CT 06776

    60,767 SF 8 ac lot Built 1956
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US15-0501152
    Property summary
    AI-generated overview

    This exceptional 63,267-square-foot industrial facility in New Milford offers unparalleled accessibility and convenience, situated just off Route 7 and 12 miles from I-84. Originally built in 1956 and extensively renovated in 2020, this Class B property features flexible space subdividable to approximately 10,000 square feet, making it ideal for a variety of industrial uses. The building boasts five loading docks, two drive-in doors, and generous ceiling heights of 17-18 feet. Modern amenities include multiple bathrooms, a cafeteria, executive and bullpen offices, a showroom, and a central reception area. The property also includes ample paved parking. State-of-the-art infrastructure supports operations, featuring a full HVAC system, metered electric service, city water and septic, a 277/480-volt power supply with backup generator, and a full sprinkler system. Situated on 8 acres of RI-zoned land, this property offers significant expansion potential (estimated 40,000 square feet). Leasing is available at $10.75 per square foot (modified gross), and a purchase option is available at $6,750,000. The property's location provides easy access to Danbury, Brookfield, Roxbury, Bridgewater, and Kent, offering proximity to restaurants and city services. This versatile industrial space presents a prime opportunity.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1956
    Construction STEEL FRAME
    Total area 60,767 SF
    Lot 8 ac (348,480 SF)
    Zoning code RI
    APN NMIL M:18-4 L:38
    UPID US15-0501152
    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
    • PremierCare Medical Clinic Medical Group
    • DDG Sporting LLC Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.43M
    Blend (final) Blend
    $3.41M
    Owner & transaction history
    Picketts District LLC · 7 yrs held
    Picketts District LLC
    since 2018
    6 recorded transactions
    2018
    2017
    2012
    2000
    2000
    $1.3M
    1969
    Zoning & alternative use
    RI · New Milford, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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