Financial
Distress signals
Property profile

255 Canal St Shelton, CT 06484

OFF-MARKET
Other industrial land
Property ID
US15-0703404
39,695 SF 1 ac lot Built 1940
Last sale Apr 2015
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This listing consists of three vacant land parcels on Canal Street East in Shelton, Connecticut, with a total combined area of approximately 1.13 acres. The primary parcel is approximately 1.0 acre and fronts or abuts the Housatonic River. Two additional parcels are located across the street on either side of Wooster Street, measuring approximately 0.07 acres and approximately 0.06 acres, respectively. The property is zoned PDD-60, permitting residential development (apartments and condos) as

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$1k
Tax billed · 2024
Assessed value$70k
Assessed land$70k
Effective rate1.92%

Value estimate

· Sep 2026
$610k
$549k – $671k
AI approach$640k
Submarket $/SF estimate$578k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
County average, outlier-cleaned · 198 recorded sales of this use type
Observed band · Q1–Q3$61 – $152
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IB-2
Industrial IB-2 District IB-2 Light Industrial Park LIP Office Park District OPD River Front District RFD Special Development Area SDA Pl...
General categoryINDUSTRIAL
JurisdictionSHELTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency41.6
Wholesale Shop22.9
Building Supply21.0

Location

255 Canal St Shelton, CT 06484-3122
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 9 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7 Ivy Brk, Shelton, CT 06484-6400 $515,000 Feb 2024 No data
113 Canal, Shelton, CT 06484-3121 $250,000 Feb 2024 841 SF
79 Platt, Shelton, CT 06484-5338 $409,000 Oct 2019 1,330 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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