Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4 Research Dr Shelton, CT 06484-6280

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4 Research Dr Shelton, CT 06484-6280

    View on Map
    • Office buildings
    • 148,063 SF
    • 7.18 lot acres
    Off-Market
    Property ID
    US15-1008781
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $4,515,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Printing Your Box / Industrial Manufacturer / Factory
    • SkyBridge / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • Jerome N. Goldstein, Attorney at Law / Law Firm
    • Law Offices of Anthony J. Pantuso, III / Law Firm
    • Mediated Divorce LLC / Law Firm

    Property Details for 4 Research Dr

    Year built
    1999
    Lot size
    7.18 lot acres
    Property size
    148,063 SF
    Zone code
    PDD
    Property type
    Office buildings
    APN
    SHEL M:28 L:3
    APU
    SHELM28L3

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Shelton
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.1332
    Latitude
    41.2732
    CBSA code
    14860
    CBSA name
    BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $179,442
    $699,650
    $9,571,800
    $10,271,450
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $7,290,000
      300,288 SF

      27 Waterview Dr

      OFFICE BUILDING • 300,288 SF
      27 Waterview Dr, Shelton, CT 06484-4301
      View Details
    • Value Estimation
      $4,540,000
      110,888 SF

      4 Corporate Dr

      OFFICE BUILDING • 110,888 SF
      4 Corporate Dr, Shelton, CT 06484-6211
      View Details
    • Value Estimation
      $915,000
      2,785 SF

      112 Huntington St

      OFFICE BUILDING • 2,785 SF
      112 Huntington St, Shelton, CT 06484-5215
      View Details
    • Value Estimation
      $6,805,000
      158,266 SF

      6 Research Dr

      OFFICE BUILDING • 158,266 SF
      6 Research Dr, Shelton, CT 06484-6228
      View Details
    • Value Estimation by Request
      2,860 SF

      375 Coram Ave

      OFFICE BUILDING • 2,860 SF
      375 Coram Ave, Shelton, CT 06484-3109
      View Details
    • Value Estimation
      $2,980,000
      130,342 SF

      1000 Bridgeport Ave

      OFFICE BUILDING • 130,342 SF
      1000 Bridgeport Ave, Shelton, CT 06484-4660
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,303 SF

      Updated Office Suite on Route

      Move-in ready office suite with reception, offices, and bathroom.
      1 Trap Falls Road Ext, Shelton, CT 06484
      View Details
    • Contact for pricing
      19,992 SF

      Versatile Flex Space in Shelton

      Flex space with office, warehouse, loading dock, and generator.
      175 Constitution Blvd S, Shelton, CT 06484
      View Details
    • $725,000
      3,188 SF

      Remodeled Bar/Cafe in Downtown Shelton

      Freestanding bar/cafe in downtown Shelton with indoor and outdoor seating.
      127 Center St, Shelton, CT 06484
      View Details
    • Contact for pricing
      1,100 SF

      Prime Retail Space on Howe

      Excellent visibility in historic downtown Shelton. Perfect for retail.
      494 Howe Ave, Shelton, CT 06484
      View Details
    • Contact for pricing
      34,007 SF

      New Retail Strip Center

      New construction retail strip center 100% leased to fourteen tenants.
      785 Bridgeport Ave, Shelton, CT 06484
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      61,800 SF

      Approved Signature Office Building

      Signature office building with full approvals, offering 61,800 square feet.
      20 Commerce Dr, Shelton, CT 06484
      View Details
    • Contact for pricing

      Class A Office Sublet Opportunity

      Class A office space available for sublease in Shelton, CT.
      4 Armstrong Rd, Shelton, CT 06484
      View Details
    • Contact for pricing

      Class A Office Sublet Opportunity

      Class A office space for sublet in Shelton, Connecticut.
      4 Armstrong Rd, Shelton, CT 06484
      View Details
    • Contact for pricing

      Professional Office Space For Lease

      Office space available for lease in a well-maintained building.
      30 Controls Dr, Shelton, CT 06484
      View Details
    • Contact for pricing

      Shelton Flex Warehouse Retail Space

      Flex, warehouse, medical, or retail space available for rent.
      750 Bridgeport Ave, Shelton, CT 06484
      View Details
    • Contact for pricing
      4,765 SF

      Office Space in Corporate Park

      Office space with access to corporate park amenities.
      5 Research Dr, Shelton, CT 06484
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4 Research Dr
    Shelton, CT 06484-6280
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!