Property profile

175 Constitution Blvd S Shelton, CT 06484

FOR SALE
Office buildings
Property ID
US15-0893103
19,992 SF 5.23 ac lot Built 1999
Entity Owned 27-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 19,992 square foot industrial property, located at 175 Constitution Blvd. South in Shelton, Connecticut, offers a unique blend of office and warehouse space, ideal for owner-occupiers. Built in 1999, the single-story building sits on a 5.23-acre lot and features a 12 to 16-foot ceiling height. The property includes one loading dock, ample parking for 41 vehicles, and is zoned LIP1. The asking price is $3,000,000, translating to $150.06 per square foot. This versatile space caters to diverse business needs, offering a seamless integration of office and warehouse functionalities. A key advantage is the on-site generator, ensuring uninterrupted power to the entire building. This presents a rare opportunity to acquire a functional and adaptable property with significant growth potential in a desirable location within Fairfield County, zip code 06484. The property's combination of office and warehouse space, along with the loading dock, makes it an attractive option for businesses requiring both operational and administrative areas. The substantial lot size also allows for future expansion or development.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1999
Total area 19,992 SF
Lot 5.23 ac (227,819 SF)
Zoning code LIP1
APN SHEL M:79 L:8
UPID US15-0893103

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Computer & Electronic Repair

Location

175 Constitution Blvd S Shelton, CT 06484
Shelton metro Census 110202 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$910k

Owner & transaction history

since 1998
2 recorded transactions
1999
Price N/A
1998
$300,000

Zoning & alternative use

LIP1 · Shelton, CT

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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