Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1 Trap Falls Rd, Unit 213 Shelton, CT 06484

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $20 SF/Yr

    Move-in ready office suite with reception, offices, and private bathroom.

    Lot size:
    4.18 Acres

    Property Features for 1 Trap Falls Rd

    General Information

    Lot size
    4.18 Acres

    Building Details

    Year built
    1979

    We can help!

    Listing Contact
    Ray Foote
    Source: Elliman

    Listing Agent: Ray Foote

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Updated Office Suite For Rent

    This updated office suite is available for rent and is in move-in condition. It features a reception area, three offices of generous size, and a private bathroom. The unit provides 1303 square feet of office space under a full gross lease. Located on Route 8 in Shelton, the property benefits from a traffic count of approximately 25,000 cars per day, which is increasing due to ongoing development in the area.
    Location Intelligence

    Current Use by Public Records

    Huntington Chiropractic Center ... Chiropractor Sutnik Thomas M Attorney Bank of America ATM ... Atm Bank of America (with ... Financial Consultant DENNIS MURPHY Financial Consultant

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shelton
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.132248
    Latitude
    41.267

    Nearby Similar for Lease

    • $1,750 /Mo
      1,800 SF

      Shelton Commercial Space For Lease

      Bright commercial space suitable for retail or offices in Shelton.
      549 Howe Ave, Shelton, CT 06484
      View Details
    • New
      $9 SF/Yr
      54,219 SF

      Shelton Office Space For Lease

      Professional office complex in Shelton, CT with natural light.
      1 Greenwich Pl, Shelton, CT 06484
      View Details
    • $25 SF/Yr
      2,580 SF

      Shelton Retail Building with Drive-Thru

      Free-standing retail building with drive-thru in Shelton Center.
      5 Huntington St, Shelton, CT 06484
      View Details
    • $2,200 /Mo

      Shelton Apartment with Wraparound Porch

      Bright 2-3 bedroom apartment with in-unit laundry and porch.
      32 Oak Ave, Shelton, CT 06484
      View Details
    • $2,000 /Mo

      Spacious 3BR Apartment with Updates

      Clean, roomy 3BR apartment with modern amenities and convenient location.
      47 Fort Hill Ave, Shelton, CT 06484
      View Details
    • Contact for pricing
      10,162 SF

      Office Space in Corporate Park

      Office space with amenities in Shelton's Enterprise Corporate Park.
      2 Enterprise Dr, Shelton, CT 06484
      View Details
    • $900 /Mo
      130,342 SF

      Upscale Office/Treatment Rooms Available

      Individual office/treatment rooms for sublease in Shelton, CT.
      1000 Bridgeport Ave, Shelton, CT 06484
      View Details
    • $25 SF/Yr
      265,000 SF

      Executive Office Suites in Shelton, CT

      Prime Shelton location, flexible suites available
      4 Armstrong Rd, Shelton, CT 06484
      View Details
    • Contact for pricing
      2,492 SF

      Renovated Office Space Available

      Office space with access to corporate park amenities for rent.
      2 Trap Falls Rd, Shelton, CT 06484
      View Details
    • $198 SF/Yr
      94,800 SF

      Waterview Drive Office Space Available

      94,800 SF Office Building, Fairfield County
      1 Waterview Dr, Shelton, CT 06484
      View Details
    • $5,500 /Mo

      Controls Drive Office Space Available

      Professional office space for lease with flexible sizing options.
      30 Controls Dr, Shelton, CT 06484
      View Details
    • $5,500 /Mo

      Controls Drive Office Space Available

      Professional office space for lease with flexible sizing options.
      30 Controls Dr, Shelton, CT 06484
      View Details

    FAQs

    What type of property is this?
    Office space - Move-in ready office suite with reception, offices, and private bathroom.
    Where is this office space located?
    The property is located at 1 Trap Falls Rd, Unit 213 Shelton, CT.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Move-in condition, recently updated office suite.; - High traffic count (approximately 25,000 cars per day) on Route 8.; - Full gross lease.
    (203) 526-4943
    Request Owner's contact information
    1 Trap Falls Rd, Unit 213 Shelton, CT 06484
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Trap Falls Rd, Unit 213
    Shelton, CT 06484
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Trap Falls Rd, Unit 213 Shelton, CT 06484
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ray Foote
    (203) 526-4943
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.