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Property profile & analytics
FOR LEASE
Industrial properties

240 Long Hill Cross Rd Shelton, CT 06484

40,885 SF 4.51 ac lot Built 1991
Individually Owned 32-yr Hold ~ Est. High Equity
Property ID
US15-0851145
Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1991
Total area 40,885 SF
Lot 4.51 ac (196,456 SF)
Zoning code LIP
APN SHEL M:51 L:28
UPID US15-0851145
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
  • Mc Gowan Consulting Group Inc Business Management Consultant
  • Hot Tops (Bike/Boat/Book/etc) Store Printing Service
  • Image Graphics, Inc. Industrial Manufacturer Production Facility
  • Digatron Power Electronics, Inc. Factory Production Facility
  • DBS Software and Services Inc Tech Support Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$710k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$940k
Owner & transaction history
Wpw Prop · 32 yrs held
Wpw Prop
since 1993
4 recorded transactions
1996
Price N/A
1996
Price N/A
1994
Price N/A
1993
$825,000
Zoning & alternative use
LIP · Shelton, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Light Industrial Park LIP Office Park District OPD River Front District RFD Special Development Area SDA Planned Development District PDD Designed Residential Development DRD Central Business District CBD Aquifer Protection Area APA 19 21.2 Special Development Area: The Special Development Area is a class of district in addition to and overlapping one or mor…

Zone name Light Industrial Park
General category INDUSTRIAL
Zone area 778.74 ac
Source DownloadDocument
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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