4 Research Dr Shelton, CT 06484-6280
This Class A, 12,500 square foot office building in Shelton, Connecticut, offers a variety of flexible workspace solutions. Located at 4 Research Drive, Suite 402, 06484, in Fairfield County, this property boasts 350 suites, with 5,970 square feet currently vacant. The building underwent renovations in 2019 and features amenities including elevators and an on-site gym. Space options range from private, fully furnished offices for individuals or large companies, to custom office spaces, disaster recovery spaces, and day offices. Minimum leasable space is 10 square feet, with a maximum contiguous space of 5,000 square feet. The building is situated in a thriving business park, offering a convenient and respectable address near major corporations. Shared spaces include sociable breakout areas and a fully stocked kitchen. Tenancy is multiple, and the property caters to various business needs, including executive offices, coworking spaces, and creative office layouts. This location provides easy access to amenities and a supportive business environment.
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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 more of the other districts. 21.3 P lanned Development District: A Planned Development District is a class o…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PDD · Shelton, CTPlanned 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 more of the other districts. 21.3 P lanned Development District: A Planned Development District is a class of district established in accordance with SECTION 34 and located within a Special Development Area. 21.4 D esigned Residential Development : A Designed Residential Development is a class of district established in accordance with SECTION 35 and located within and overlapping a Residence R-1A and/or R-1 District. 21.5 Central Business District: The Central Business District is a class of district, encompassing a portion of the downtown area, and is in addition to and overlapping one or more of the other districts. 21.6 Restricted Business District: A Restricted Business District is a class of district encompassing areas of Bridgeport Avenue (Connecticut Route 714) and Old Bridgeport Avenue. 21.7 R iver Front District : A River Front District is a class of district established in accordance with Section 33 of these regulations. 21.8 A quifer Protection Area: The Aquifer Protection Area (APA) is a class of district in addition to and overlapping one or more of the other districts. The boundaries of the Aquifer Protection Area encompass all of the area consisting of stratified drift "aquifers" that are existing or designated as potential and important sources of public water supply, based on data established by the U.S. Geological Survey. Aquifer Protection Areas identified as APA-1, APA-2 and APA-3 as delineated on the Shelton Building Zone Map and approved by the Commissioner of Environmental Protection pursuant to 22a-354b to 22a354d of the Connecticut General Statutes, inclusive, are areas within which land uses or activities shall be required to comply with the regulations adopted by the Shelton Inland Wetlands Commission which are titled "City of Shelton, Municipal Regulations, Aquifer Protection Areas" with an effective date of 2/19/09. The purpose of identifying APA-l, APA-2 and APA-3 is to ensure the use of land, buildings and other structures and site development within said APAs are conducted in a manner that protects health and the usability of the groundwater supply resource and avoids degradation of the quality of the water. 20
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
