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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Manufacturing properties
12 Commerce Dr Shelton, CT 06484-6202
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US15-0126286
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1970
Total area
70,732 SF
Lot
5.11 ac (222,592 SF)
Zoning code
PDD6
APN
SHEL M:37 L:50
UPID
US15-0126286
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
-
Liftwing Marketing & Advertising IT Consulting Firm
-
Bacarella Freight Services Freight Service Logistics Company
-
BTX Global Logistics Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$960k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$995k
Owner & transaction history
12 Commerce Drive LLC · 9 yrs held
12 Commerce Drive LLC
since 2016
7 recorded transactions
Zoning & alternative use
PDD6 · Shelton, CT
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
Method
Estimation
Statistic approach
by Request
ML approach
$960,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$14 / 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
$56,174
Tax year 2023
Assessed value
$3,215,450
Assessed 2023
Previous assessed
$3,215,450
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$518,700
Assessed improvement
$2,696,750
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1970
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
70,732 SF
Lot
5.11 ac (222,592 SF)
Zoning code
PDD6
APN
SHEL M:37 L:50
UPID
US15-0126286
Jurisdiction
SHELTON
Zoning & alternative use
PDD6 · Shelton, CTZoning PDD6 · permitted uses
PDD6 · Shelton, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
DownloadDocument
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
5.11 ac
Current owner
From public records · entity-resolved
12 Commerce Drive LLC
Entity
Mailing address
12 COMMERCE DR, SHELTON, CT 06484-6202
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2017
—
12 Commerce Dr LLC
—
Deed
related
$2,785,496 · Bank Of America
Oct 19, 2016
—
12 Commerce Drive LLC
Shelton 2009 LLC
Warranty Deed
$3,080,000 · Bank Of America
Sep 16, 2009
$5,400,000
Shelton LLC
1st Treetops LLC
Warranty Deed
$3,570,000 · The Bank Of New Cannon
Nov 9, 2007
—
Treetops LP First
—
Deed Of Trust
related
$4,000,000 · The Bank Of New Cannon
Dec 4, 1997
—
Treetops LP First
—
Deed Of Trust
related
$3,600,000 · Time Ins Co
Aug 6, 1997
$4,800,000
Treetops LP First
12 Commerce Dr Assoc
Grant Deed
related
—
Sep 4, 1992
$2,400,000
Commerce Dr Assoc 12
Travelers Indemity Co2
Grant Deed
$2,900,000 · Zuckerman Family Nomi
—
—
Shelton 2009 LLC
—
Deed Of Trust
related
$168,750 · Bankwell Bank
—
—
Shelton 2009 LLC
—
Deed Of Trust
related
$2,250,000 · Bankwell Bank
—
—
Shelton 2009 LLC
—
Deed Of Trust
related
$969,581 · Bankwell Bank
—
—
12 Commerce Dr LLC
—
Deed Of Trust
related
$3,481,871 · Bank Of America
—
—
12 Commerce Dr LLC
—
Deed Of Trust
related
$2,785,496 · Bank Of America
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.
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