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Property profile & analytics
OFF-MARKET Estimated value $760,000
Industrial properties

2450 Reservoir Ave Trumbull, CT 06611-4735

4,431 SF 0.39 ac lot Built 1981
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US15-0471781
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1981
Construction STEEL FRAME
Total area 4,431 SF
Lot 0.39 ac (16,988 SF)
Zoning code I-L2
APN TRUM M:G-10 L:00154 U:000
UPID US15-0471781
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$745k
CAP Approach CAP
$640k
Comparable Approach Comparable
$471k
Blend (final) Blend
$760k
Owner & transaction history
2450 Reservoir LLC · 2 yrs held
2450 Reservoir LLC
since 2023
Last sale
$780,000
4 recorded transactions
2023
$780,000
2006
$700,000
1992
$293,000
1988
$177,000
Zoning & alternative use
I-L2 · Trumbull, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

4.1 Industrial Zone I-L (Light Industry - 5 acres), Industrial Zone I-L2 (Light Industry - 2 acres), and Industrial Zone I-L3 (Light Industry - 3 acres) 4.1.1 Permitted Principal Uses: Within the Industrial Zone I-L (Light Industry - 5 acres), Industrial Zone I-L2 (Light Industry - 2 acres), and Industrial Zone I-L3 (Light Industry - 3 acres), no building or…

Zone name Light Industry 2 Acres
General category INDUSTRIAL
Zone area 263.25 ac
Top alternative use upside
Auto repair, garage $1.0M +157.9%
Retail stores $825,000 +105.2%
Commercial (general) $575,000 +43.6%
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