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Danbury Rd - Development Opportunity

21.65 Acres of Commercial Land Offered at £978,063 in New Milford, CT 06776

Investment Highlights

  • Development Opportunity -- 21.65 Acres For Sale
  • Direct access from Route 7 /202 (Danbury Road)
  • Zoning: B2
  • Concept plans available, build up to 115,000 SF
  • ADT: 28,000
  • Surrounded by national retail tenants

Executive Summary

Significant tax abatements available for eligible projects.
O,R&L Commercial is pleased to present a Development Opportunity consisting of 21.65± acres of land (10± buildable acres) available for sale located on the north end of Danbury Road (Route 7 / 202) near the town center of New Milford, CT. This parcel is on the main retail corridor with an ADT of 28,000 and is surrounded by many national retail tenants including Big Y, Walmart, Stop & Shop, Kohls, Home Depot and many more. The site is zoned B-2 and can accommodate a multitude of commercial uses including retail, motels, hotels, professional offices, wholesale, manufacturing, automotive uses, active adult community, planned single family and assisted living. Concept plans available -- build up to 115,000 SF.
North end of Danbury Road (Route 7/302) near the town center of New Milford. Dir: I-84 to Exit 7 (Danbury Road).

Property Facts

Price £978,063
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 21.65 AC

1 Lot Available

Lot 564

Price £978,063
Price Per AC £45,176
Lot Size 21.65 AC

21.65 acres available for sale in B2 zone. Concept plans available, up to 115,000 SF can be built.

Description

Significant tax abatements available for eligible projects. O,R&L Commercial is pleased to present a Development Opportunity consisting of 21.65± acres of land (10± buildable acres) available for sale located on the north end of Danbury Road (Route 7 / 202) near the town center of New Milford, CT. This parcel is on the main retail corridor with an ADT of 28,000 and is surrounded by many national retail tenants including Big Y, Walmart, Stop & Shop, Kohls, Home Depot and many more. The site is zoned B-2 and can accommodate a multitude of commercial uses including retail, motels, hotels, professional offices, wholesale, manufacturing, automotive uses, active adult community, planned single family and assisted living. Concept plans available -- build up to 115,000 SF. North end of Danbury Road (Route 7/302) near the town center of New Milford. Dir: I-84 to Exit 7 (Danbury Road).Sale Price reduced to $1,250,000

zoning

Zoning Code B2
B2
  • Listing ID: 3955736

  • Date on Market: 14/10/2015

  • Last Updated:

  • Address: Danbury Rd, New Milford, CT 06776

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