Property profile

2 Button Shop Rd Newtown, CT 06470

OFF-MARKET
Commercial land
Property ID
US15-0516432
120.26 ac lot
Individually Owned 35-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property consists of a 40-acre parcel located on Button Shop Rd in Newtown, Connecticut. The site is suited for the construction of an industrial warehouse building with a contemplated size range of approximately 200,000 to 250,000 square feet and clear ceiling heights at the peak of approximately 40 to 42 feet. Development would require Planning Board approvals.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 120.26 ac (5,238,526 SF)
Zoning code M-1
APN NEWT M:46 B:1 L:2
UPID US15-0516432

Cap rate & NOI

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

Location

2 Button Shop Rd Newtown, CT 06470-2702
Newtown metro Census 230502 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 1991
1 recorded transaction
1991
Price N/A

Zoning & alternative use

M-1 · Newtown, CT
General category INDUSTRIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2 Button Shop Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message