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Property profile

494 Howe Ave Shelton, CT 06484

OFF-MARKET
Other investment properties
Property ID
US15-0868614
32,976 SF 0.23 ac lot Built 1893
Last sale Apr 1995 · $125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 31-yr Hold Held for 31 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial storefront space located on Howe Avenue in historic downtown Shelton. It comprises approximately 1,100 square feet and includes two large storefront windows, an open floor plan, a storage area, and signage opportunities. The space is positioned among local retail and service businesses as well as restaurants and nearby dense residential neighborhoods, providing exposure to regular vehicle and pedestrian traffic. The interior layout is suited for retail, restaurant, salon, or service-oriented uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$36k
Tax billed · 2024
Assessed value$1.89M
Assessed land$57k
Assessed improvement$1.83M
Effective rate1.92%

Value estimate

· Nov 2026
$970k
$873k – $1.07M
AI approach$755k
Submarket $/SF estimate$1.19M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$233/SF
County average, outlier-cleaned · 754 recorded sales of this use type
Observed band · Q1–Q3$108 – $389

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CB-2
Commercial CB-2 District CB -2 Industrial IA-1 District IA-1 Industrial IA-2 District IA-2 Industrial IA-3 District IA-3 Industrial IB-1 ...
General categoryCOMMERCIAL
JurisdictionSHELTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.7
Furniture Store8.8
Watch Repair Shop8.8

Location

494 Howe Ave Shelton, CT 06484-3114
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
405 Riv, Shelton, CT 06484-4508 $1,550,000 Sep 2025 3,960 SF
567-569 Howe, Shelton, CT 06484 $275,000 Oct 2024 3,767 SF
178 Wls Vw, Shelton, CT 06484-5661 $692,000 Apr 2024 2,322 SF
8 Bridgeport, Shelton, CT 06484-3212 $309,000 Sep 2023 3,052 SF
470 Howe, Shelton, CT 06484-3114 $900,000 Sep 2021 12,094 SF
410 Howe, Shelton, CT 06484-3127 $970,000 May 2021 15,225 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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