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Property profile & analytics
OFF-MARKET
Commercial real estate
2 Armstrong Rd Shelton, CT 06484-4735
Individually Owned
11-yr Hold
Free & Clear
Property ID
US15-0876620
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1989
Total area
330 SF
Lot
4.22 ac (183,823 SF)
Zoning code
IA-2
APN
SHEL M:18 L:21
UPID
US15-0876620
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
-
LANXESS Solutions US Inc. Industrial Manufacturer Production Facility
-
Care.com Home Health Care Service
-
Todd Combustion Group HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Armstrong Shelton Props · 11 yrs held
Armstrong Shelton Props
since 2015
7 recorded transactions
Zoning & alternative use
IA-2 · 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
—
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
$105,334
Tax year 2023
Assessed value
$6,029,450
Assessed 2023
Previous assessed
$6,029,450
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$428,330
Assessed improvement
$5,601,120
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1989
Heating
NONE
Buildings
3
Total area
330 SF
Lot
4.22 ac (183,823 SF)
Zoning code
IA-2
APN
SHEL M:18 L:21
UPID
US15-0876620
Jurisdiction
SHELTON
Zoning & alternative use
IA-2 · Shelton, CT
Zoning IA-2 · permitted uses
IA-2 · 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
1989
Heating
NONE
Buildings
3
Lot
4.22 ac
Current owner
From public records · entity-resolved
Armstrong Shelton Props
Individual
Free & Clear · 11 yrs held
Mailing address
300 LIGHTING WAY STE #210, SECAUCUS, NJ 07094-3646
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2015
—
Armstrong Shelton Props
2 & 4 Armstrong Road Hold
Warranty Deed
—
Jan 10, 2014
—
Hold
Wells Fargo Bank NA
Quit Claim Deed
related
—
Nov 13, 2001
—
Armstrong Pk Dev Assoc
—
Deed Of Trust
related
$16,400,000 · John Hancock Life Ins
Sep 19, 1991
—
Ralph Marinaccio
—
Deed Of Trust
related
$22,000 · Ford Cnsmr Creditcorp
Jan 25, 1989
—
Park Devt Armstrong
—
Deed Of Trust
related
$11,000,000 · Bank Of Boston Ct
—
—
Armstrong Shelton Prop
—
Deed Of Trust
related
$15,750,000 · Argentic R/e Fin LLC
—
—
Armstrong Shelton Props
—
Deed Of Trust
related
$8,000,000 · Washington Tr Co
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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