Property profile

435 Access Rd Shelton, CT 06484

OFF-MARKET
Industrial properties
10,000 SF 1.6 ac lot Built 1946
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Industrial properties
Year built 1946
Total area 10,000 SF
Lot 1.6 ac (69,696 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

435 Access Rd Shelton, CT 06484
Shelton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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