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Property profile & analytics
OFF-MARKET
Commercial real estate
381 Bridgeport Ave Shelton, CT 06484
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-0471082
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
11.73 ac (510,959 SF)
Zoning code
CB-1
APN
SHEL M:77 L:26
UPID
US15-0471082
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
714 LLC · 17 yrs held
714 LLC
since 2008
7 recorded transactions
Zoning & alternative use
CB-1 · 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 2024Property tax & assessments
Tax year 2024
Tax billed
$364,513
Tax year 2024
Assessed value
$19,004,860
Assessed 2024
Previous assessed
$19,004,860
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$2,890,300
Assessed improvement
$16,114,560
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
Heating
NONE
Cooling
YES
Buildings
5
Units
1
Lot
11.73 ac (510,959 SF)
Zoning code
CB-1
APN
SHEL M:77 L:26
UPID
US15-0471082
Jurisdiction
SHELTON
Zoning & alternative use
CB-1 · Shelton, CT
Zoning CB-1 · permitted uses
CB-1 · 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
Heating
NONE
Cooling
Yes
Buildings
5
Units
1
Lot
11.73 ac
Current owner
From public records · entity-resolved
714 LLC
Entity
Mailing address
2 CORPORATE DR STE #441, SHELTON, CT 06484-6248
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2016
—
Michael Berkowitz
—
Deed
related
$750,000 · 714 LLC
Nov 13, 2008
$5,000,000
714 LLC
Crabtree Family LLC
Warranty Deed
$4,750,000 · Naugatuck Valley Sla
Sep 26, 2005
—
Crabtree Family LLC
—
Deed Of Trust
related
$3,500,000 · Peoples Bank
Jan 2, 2001
—
Ft Crabtree
—
Deed Of Trust
related
$1,800,000 · Peoples Bank
Dec 29, 2000
—
Crabtree Family LP
—
Deed Of Trust
related
$1,800,000 · Peoples Bank
Dec 24, 1997
—
Crabtree Family LP
—
Deed Of Trust
related
$10,900,000 · Peoples Bank
Dec 6, 1994
—
Crabtree Rlty Co
—
Deed Of Trust
related
$400,000 · Peoples Bank
Jul 1, 1993
—
Realty Crabtree
—
Deed Of Trust
related
$7,800,000 · Peoples Bank
Jun 2, 1988
—
Crabtree-haas Rlty Co
—
Deed Of Trust
related
$5,000,000 · Connecticut Bank & Trust
—
—
Michael Berkowitz
—
Deed Of Trust
related
$750,000 · 714 LLC
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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