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Property profile & analytics
OFF-MARKET
Estimated value
$1,785,000
Super regional malls
472 Riv Rd 488 Shelton, CT 06484-4518
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US15-0095523
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1955
Total area
104,612 SF
Lot
5.26 ac (229,126 SF)
Zoning code
CA-2
APN
SHEL M:66 L:214
UPID
US15-0095523
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
-
First Student Inc Travel Agency Tour Operator
-
The Giggling Pig Art & Party Studio LLC Art Studio Children'S Party Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.79M
Owner & transaction history
Fob Holdings LLC · 25 yrs held
Fob Holdings LLC
since 2001
4 recorded transactions
Zoning & alternative use
CA-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
$17 / 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
$56,690
Tax year 2023
Assessed value
$3,244,990
Assessed 2023
Previous assessed
$3,244,990
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$1,038,870
Assessed improvement
$2,206,120
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1955
Heating
NONE
Buildings
1
Stories
1
Total area
104,612 SF
Lot
5.26 ac (229,126 SF)
Zoning code
CA-2
APN
SHEL M:66 L:214
UPID
US15-0095523
Jurisdiction
SHELTON
Zoning & alternative use
CA-2 · Shelton, CT
Zoning CA-2 · permitted uses
CA-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
1955
Heating
NONE
Stories
1
Buildings
1
Lot
5.26 ac
Current owner
From public records · entity-resolved
Fob Holdings LLC
Entity
Mailing address
64 S TPKE RD, WALLINGFORD, CT 06492-3458
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2006
—
Fob Holdings LLC
—
Deed Of Trust
related
$1,845,000 · Webster Bank
Oct 7, 2002
—
Fob Holdings LLC
—
Deed Of Trust
related
$4,600,000 · Webster Bank
Mar 19, 2001
$1,350,000
Fob Holdings LLC
He&li Realty LLC
Warranty Deed
related
$1,000,000 · Zenon Grzybowski
Aug 18, 1992
$340,000
H Realty
Peck,roberta
Grant Deed
—
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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