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Property profile & analytics
OFF-MARKET
Estimated value
$2,590,000
Office buildings
1 Frst Pkwy Shelton, CT 06484-6147
Entity Owned
29-yr Hold
Free & Clear
Property ID
US15-0293284
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Total area
76,128 SF
Lot
4.85 ac (211,266 SF)
Zoning code
LIP
APN
SHEL M:51 L:19
UPID
US15-0293284
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dr. Amer Abu Alfa Physician
-
LabCorp Medical Laboratory Health
-
LabCorp Corporate Office Corporate Office
-
Securitas Security Services USA Security Service
-
Dr. Suha Mishalani Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.59M
Owner & transaction history
One Forest Drive LLC · 29 yrs held
One Forest Drive LLC
since 1997
5 recorded transactions
Zoning & alternative use
LIP · Shelton, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Shelton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$34 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$92,142
Tax year 2023
Assessed value
$5,274,290
Assessed 2023
Previous assessed
$5,274,290
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$611,100
Assessed improvement
$4,663,190
Applied tax rate
110.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1990
Heating
NONE
Buildings
1
Stories
1
Total area
76,128 SF
Lot
4.85 ac (211,266 SF)
Zoning code
LIP
APN
SHEL M:51 L:19
UPID
US15-0293284
Jurisdiction
SHELTON
Zoning & alternative use
LIP · Shelton, CT
Zoning LIP · permitted uses
LIP · Shelton, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shelton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Stories
1
Buildings
1
Lot
4.85 ac
Current owner
From public records · entity-resolved
One Forest Drive LLC
Entity
Free & Clear · 29 yrs held
Mailing address
1077 BRIDGEPORT AVE STE #201, SHELTON, CT 06484-4622
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 1998
—
1 Forest Drive LLC
—
Deed Of Trust
related
$6,000,000 · Holliday Fenoglio LP
Oct 29, 1997
—
One Forest Dr LLC
—
Deed Of Trust
related
$5,500,000 · Fleet Mortgage Corp
Jan 31, 1997
$1,575,000
One Forest Drive LLC
Insysf INC
Warranty Deed
—
Mar 8, 1994
$1,100,000
Insyst INC
First Fed Bk
Grant Deed
—
—
—
1 Forest Drive LLC
—
Deed Of Trust
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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