435 Access Rd Shelton, CT 06484
This exceptional 10,000-square-foot flex space industrial property, situated on a generous 1.6-acre lot in Shelton, Connecticut, presents a compelling investment opportunity. Located at 435 Access Road, this property boasts a prime location, easily accessible via Route 714. The building, constructed in 1946, offers significant potential for redevelopment or owner-occupancy. The IA-3 zoning allows for a variety of uses. The property features public water and sewer, a substantial 440 AMP electrical service capable of powering heavy machinery, making it ideal for various industrial applications. While requiring rehabilitation, the substantial lot size (69,696 square feet) and existing infrastructure provide a solid foundation for a successful project. The property consists of two buildings and has served as the home of Viking Tools for many years. This is a rare opportunity to acquire a sizable industrial property in a desirable location. The asking price is $1,250,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.