370 Danbury RdNew Milford, CT 06776
- Showrooms
- 4,866 SF
Property Details for 370 Danbury Rd
- Year built
- 2008
- Construction
- FRAME
- Lot size
- 1.43 AC
- Property size (Sq ft)
- 4,866 SF
- Zone code
- IC
- Property type
- Showrooms
- APN
- NMIL M:10-3 L:28
- APU
- NMILM103L28
Description
This newly constructed industrial property at 370 Danbury Road in New Milford, Connecticut, offers 5,500 square feet of versatile space, currently available for lease. The building is divided into three suites, with a minimum divisible space of 1,810 square feet and a maximum contiguous space of 5,500 square feet. The entire 5,500 square feet is currently vacant. Ideal for a variety of uses, including warehouse, distribution, assembly, research and development, or light manufacturing, this property boasts several key features. Each unit features high ceilings ranging from 18 to 20 feet, providing ample vertical space for storage or operations. Power is provided by 200 Amp, 3-phase service in each unit. Convenient access is ensured with 14 drive-in doors and ample parking with 34 spaces available. The property is zoned IC and enjoys a prime location in Southern New Milford on Route 7, offering easy access to Interstate 84, enhancing logistical efficiency. The clear-span design of the units maximizes usable space and flexibility for tenant customization. This is a rare opportunity to secure a modern, well-equipped industrial space in a highly desirable location. Contact us today to learn more about leasing options.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,182,608
- 6.5%
- $1,091,638
- 7%
- $1,013,664
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,602,195
- Geo Method
- $1,602,195
-
Alternative Use
- Use
- Valuation
- Residential
- $920,838
- Hospitality
- $843,482
- Educational
- $701,767
- Medical
- $725,902
- Retail
- $1,091,638
Location Insight
- City
- New Milford
- County
- Litchfield
- State
- Connecticut
- Latitude
- 41.5302
- Longitude
- -73.4243
- CBSA code
- 45860
- CBSA name
- TORRINGTON, CT MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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