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Property profile & analytics
OFF-MARKET
Estimated value
$1,695,000
Manufacturing properties
42 Canal St Shelton, CT 06484-3223
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US15-0335628
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1940
Total area
165,286 SF
Lot
1.87 ac (81,457 SF)
Zoning code
IB-2
APN
SHEL M:118 L:34
UPID
US15-0335628
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
Current use
Occupant on record · Public records
-
Solar Farm - Derby, CT Industrial Manufacturer Production Facility
-
The Conti Building Business Service Center Corporate Office
-
Inline Plastics Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.70M
Owner & transaction history
Canal Street Props LLC · 18 yrs held
Canal Street Props LLC
since 2007
3 recorded transactions
Zoning & alternative use
IB-2 · 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
$10 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$60,826
Tax year 2023
Assessed value
$3,481,730
Assessed 2023
Previous assessed
$3,481,730
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$130,900
Assessed improvement
$3,350,830
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1940
Heating
NONE
Buildings
1
Stories
1
Total area
165,286 SF
Lot
1.87 ac (81,457 SF)
Zoning code
IB-2
APN
SHEL M:118 L:34
UPID
US15-0335628
Jurisdiction
SHELTON
Zoning & alternative use
IB-2 · Shelton, CT
Zoning IB-2 · permitted uses
IB-2 · 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
Year built
1940
Heating
NONE
Stories
1
Buildings
1
Lot
1.87 ac
Current owner
From public records · entity-resolved
Canal Street Props LLC
Entity
Mailing address
42 CANAL ST, SHELTON, CT 06484-3223
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2007
—
Canal Street Props LLC
—
Deed Of Trust
related
$695,763 · Newtown Savings Bank
Apr 5, 2004
—
Canal St Prop LLC
—
Deed Of Trust
related
$3,950,000 · Newtown Savings Bank
Sep 20, 1989
—
Rudolph Orkisz
—
Deed Of Trust
related
$200,000 · Bank Mart
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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