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Property profile & analytics
OFF-MARKET Estimated value $560,000
Showrooms

408 Shelton Rd Trumbull, CT 06611-5138

1,882 SF 0.64 ac lot Built 1970
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US15-0524081
Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,882 SF
Lot 0.64 ac (27,878 SF)
Zoning code AA
APN TRUM M:K-08 L:00010 U:000
UPID US15-0524081
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
$555k
CAP Approach CAP
$420k
Comparable Approach Comparable
$344k
Blend (final) Blend
$560k
Owner & transaction history
408 Shelton Road LLC · 6 yrs held
408 Shelton Road LLC
since 2020
Last sale
$550,000
5 recorded transactions
2020
Price N/A
2005
$550,000
2005
Price N/A
1998
$247,000
1994
Price N/A
Zoning & alternative use
AA · Trumbull, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

4.3.3 Exception for Single Family Residence Zones AAA, AA and A.. For a Lot containing a one family Dwelling and located in Residence Zones AAA, AA or A, a building or structure may be enlarged or altered in such a manner as to increase the nonconformity by approval of the Zoning Enforcement Officer and without the need for a variance, provided that: a. the…

Zone name Residence
General category RESIDENTIAL
Zone area 6,753.34 ac
Top alternative use upside
Auto repair, garage $440,000 +79.6%
Retail stores $350,000 +42.8%
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