Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    New Retail Strip Center Title is generated by Realmo AI

    795 Bridgeport Ave, Shelton, CT 06484

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    New construction retail strip center in Shelton, Connecticut.

    Type:Retail
    Property size:
    14,193 SF
    Lot size:
    15.85 Acres
    Price / SF:
    $578/SF
    Added:
    Feb 20, 2026
    Days on Market:
    83
    Last Refresh:
    Mar 17 at 1:16 pm

    Property Features for 795 Bridgeport Ave

    General Information

    Standard status
    Active
    Size
    14,193 SF
    Lot size
    15.85 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    2023

    We can help!

    Listing Contact
    Bob Horvath
    Bob Horvath

    Listing agent Bob Horvath License #CT 756500

    Listing office Horvath & Tremblay

    Listing date Feb 20, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay

    HighLights

    • New construction retail strip center (built in 2023) with 14,193 square feet
    • 100% leased to seven tenants, providing immediate income
    • Anchored by Yale New Haven Health Urgent Care and Consumer Cellular, offering stable tenancy
    • Located within Fountain Square, a 91,288 square foot shopping center with national retailers
    • High‑traffic location on Bridgeport Avenue between Route 8 and Trapp Falls Reservoir
    • Surrounded by high‑end office buildings, national retailers, restaurants, and luxury apartment communities

    Overview

    The property is a new construction retail strip center located at 795 Bridgeport Avenue in Shelton, Connecticut. The retail building has 14,193 square feet and is fully leased to seven tenants. Anchored by Yale New Haven Health Urgent Care and Consumer Cellular, the building is a pad site within Fountain Square, a new shopping center with 91,288 square feet of retail space on 15.85 acres. Other tenants within Fountain Square include Trader Joe’s, Chick-fil-A, Goddard School, Panera Bread, Jersey Mike’s, Cava, Tropical Smoothie, Sport Clips, and Crumbl Cookies. The property is located in a retail, medical, and corporate office corridor along Bridgeport Avenue between Route 8 and the Trapp Falls Reservoir in Fairfield County. The trade area includes Seymour, Ansonia, Derby, Monroe, and Trumbull, and benefits from traffic on CT Route 8, which serves over 66,000 vehicles per day. Fountain Square is surrounded by office buildings, retailers and restaurants, and apartment communities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Consumer Cellular Telecommunications Service Jersey Mike's Subs Restaurant PhysicianOne Urgent Care ... Medical Clinic StretchLab Gym & Fitness Center

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Shelton
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.1301
    Latitude
    41.269719

    Nearby Similar for Sale

    • $250,000
      800 SF

      Established Liquor Store Opportunity

      Liquor store for sale on heavily trafficked State Road.
      443 River Road, Shelton, CT 06484
      View Details
    • $725,000
      3,188 SF

      Remodeled Bar/Cafe in Downtown Shelton

      Freestanding bar/cafe in downtown Shelton with indoor and outdoor seating.
      127 Center Street, Shelton, CT 06484
      View Details
    • Contact for pricing
      1,100 SF

      Prime Retail Space on Howe

      Excellent visibility in historic downtown Shelton. Perfect for retail.
      494 Howe Avenue, Shelton, CT 06484
      View Details
    • Contact for pricing
      1,303 SF

      Updated Office Suite on Route

      Move-in ready office suite with reception, offices, and bathroom.
      1 Trap Falls Road Unit 213, Shelton, CT 06484
      View Details
    • $2,769,905
      2,644 SF

      New Construction Cava in Shelton

      New construction Cava pad site in Fountain Square.
      779 Bridgeport Ave, Shelton, CT 06484
      View Details
    • $8,211,958
      13,931 SF

      New Trader Joe's in Shelton

      New construction Trader Joe’s within Fountain Square shopping center.
      775 Bridgeport Ave, Shelton, CT 06484
      View Details
    • Contact for pricing
      161,540 SF

      Shelton Connecticut Commercial Property Auction

      Commercial property in Shelton, CT to be auctioned January 2026.
      20 Constitution Blvd S, Shelton, CT 06484
      View Details
    • $14,782,840
      34,007 SF

      New Retail Strip Center

      New construction retail strip center 100% leased to fourteen tenants.
      785 Bridgeport Ave, Shelton, CT 06484
      View Details
    • $849,000
      6,288 SF

      Mixed-Use Building with Established Tavern

      Two-story building with tavern, apartments, and investment potential.
      364 Coram Avenue, Shelton, CT 06484
      View Details
    • $799,000
      3,188 SF

      Downtown Shelton Bar/Cafe For Sale

      Fully equipped bar/cafe in downtown Shelton with indoor/outdoor seating.
      127 Center St, Shelton, CT
      View Details
    • Contact for pricing
      91,288 SF

      New Construction Shopping Center

      Grocery-anchored shopping center in a busy retail corridor.
      801 Bridgeport Ave, Shelton, CT 06484
      View Details
    • $2,950

      Spacious 5-Bedroom Home For Rent

      Large 5-bedroom home with updated kitchen available for rent.
      53 Cliff Street, Shelton, CT 06484
      View Details

    FAQs

    What type of property is this?
    Shopping center - New construction retail strip center in Shelton, Connecticut.
    Where is this shopping center located?
    The property is located at 795 Bridgeport Ave Shelton, CT.
    What is the asking price?
    The asking price for this property is $8,214,095.
    What are key features of this property?
    This property features: New construction retail strip center (built in 2023) with 14,193 square feet; 100% leased to seven tenants, providing immediate income; Anchored by Yale New Haven Health Urgent Care and Consumer Cellular, offering stable tenancy
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bob Horvath
    Bob Horvath
    Real Estate License ID: CT 756500
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    795 Bridgeport Ave, Shelton, CT 06484
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!