80 Pickett District Rd New Milford, CT 06776
- Industrial properties
- 60,767 SF
- 8.00 lot acres
Current Use by Public Records
- PremierCare Medical Clinic / Medical Group
- DDG Sporting LLC / Fitness Equipment Wholesaler
Property Details for 80 Pickett District Rd
- Year built
- 1956
- Construction
- STEEL FRAME
- Lot size
- 8.00 lot acres
- Property size
- 60,767 SF
- Zone code
- RI
- Property type
- Industrial properties
- APN
- NMIL M:18-4 L:38
- APU
- NMILM184L38
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,020,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,305,000
- 6.5%
- $1,365,000
- 7%
- $1,305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,350,000
- Geo Method
- $1,115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,270,000
- Retail
- $1,125,000
- Mixed-Use
- $1,290,000
- Hospitality
- $1,220,000
- Educational
- $1,145,000
- Residential Income
- $1,170,000
- Energy
- $1,340,000
- Income-Based Land
- $1,085,000
- Food Service
- $1,135,000
Location Insight
- Map
- Local Demand
- City
- New Milford
- County
- Litchfield
- State
- Connecticut
- Longitude
- -73.4114
- Latitude
- 41.554
- CBSA code
- 45860
- CBSA name
- TORRINGTON, CT MICROPOLITAN STATISTICAL AREA
