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    Property profile & analytics

    514 Bridgeport Ave Shelton, CT 06484-4766

    • Retail space
    • 12,870 SF
    • 2.39 lot acres
    OFF-MARKET
    Value Estimation
    $910,000
    Last Sale
    Dec 13, 2023
    $950,000
    Location Intelligence
    Property ID
    US15-0838433
    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.

    Current Use by Public Records

    • S.W.A.G.G Crossfit Strength Wellness / Gym
    • Shaks boxing and fitness / Personal Trainer
    • Hibachi Show Catering / Caterer
    • Enterprise Rent-A-Car / Car Rental Agency / Van Rental Agency
    • Wild Kanji - Best Hibachi. Asian Fusion. Sushi. Bar .Hibachi Catering CT. / Asian Restaurant / Asian Fusion Restaurant

    Property Details for 514 Bridgeport Ave

    Year built
    2005
    Lot size
    2.39 lot acres
    Property size
    12,870 SF
    Zone code
    IA-2
    Property type
    Retail space
    APN
    SHEL M:51 L:10
    APU
    SHELM51L10

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $895,000

    • CAP approach

      CAP return
      Estimation
      6%
      $860,000
      6.5%
      $1,020,000
      7%
      $900,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,070,000
      Geo Method
      $1,130,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $795,000
      Retail
      $930,000
      Mixed-Use
      $745,000
      Hospitality
      $870,000
      Educational
      $795,000
      Residential Income
      $930,000
      Energy
      $790,000
      Income-Based Land
      $840,000
      Food Service
      $950,000

    Location Insight

    • Map
    • Local Demand
    City
    Shelton
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.1132
    Latitude
    41.2869
    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
    2024
    $43,242
    $602,280
    $1,652,280
    $2,254,560
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $830,000
      4,617 SF

      13 Huntington St

      RETAIL STORES (PERSONAL SERVICES) • 4,617 SF
      13 Huntington St, Shelton, CT 06484
      View Details
    • Value Estimation by Request
      14,554 SF

      90 Huntington St

      RETAIL STORES (PERSONAL SERVICES) • 14,554 SF
      90 Huntington St, Shelton, CT 06484-5241
      View Details
    • Value Estimation
      $280,000
      3,246 SF

      425 Riv Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,246 SF
      425 Riv Rd, Shelton, CT 06484-4508
      View Details
    • Value Estimation
      $485,000
      2,576 SF

      5 Huntington St

      RETAIL STORES (PERSONAL SERVICES) • 2,576 SF
      5 Huntington St, Shelton, CT 06484
      View Details
    • Value Estimation
      $900,000
      7,728 SF

      494 Bridgeport Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,728 SF
      494 Bridgeport Ave, Shelton, CT 06484-4748
      View Details
    • Value Estimation
      $345,000
      4,756 SF

      402 Howe Ave, Unit 408

      RETAIL STORES (PERSONAL SERVICES) • 4,756 SF
      402 Howe Ave, Shelton, CT 06484-3127
      View Details

    Similar Nearby for Sale

    • $849,000

      Mixed-Use Building with Investment Potential

      Two-story building featuring a bar and two apartments.
      364 Coram Ave, Shelton, CT 06484
      View Details
    • $1,500,000
      6,800 SF

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      Mixed-use property with restaurant and apartments in downtown Shelton.
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      3,188 SF

      Downtown Shelton Bar/Cafe For Sale

      Fully equipped bar/cafe in downtown Shelton with indoor/outdoor seating.
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      Specialty Property For Sale

      Specialty property available for sale.
      6 Daybreak Ln, Shelton, CT 06484
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      Specialty Property for Sale

      Specialty property available for purchase.
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      Shelton Specialty Property For Sale

      Specialty property available for purchase in Shelton, Connecticut.
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    Similar Nearby for Lease

    • $1,800 /Mo

      Downtown Retail Space Available

      Prime retail space in a great downtown location.
      15 Elm St, Shelton, CT 06484
      View Details
    • $20 SF/Yr
      1,200 SF

      Shelton Retail Space For Lease

      High-visibility retail space in Shelton, CT, with ample parking.
      215 Bridgeport Ave, Shelton, CT 06484
      View Details
    • $1,750 /Mo
      1,800 SF

      Commercial Space in Shelton, CT

      Bright commercial space suitable for retail or offices in Shelton.
      549 Howe Ave, Shelton, CT 06484
      View Details
    • Contact for pricing
      2,663 SF

      New Retail Development in Shelton

      Retail spaces available in Fountain Square development, Shelton, CT.
      801 Bridgeport Ave, Shelton, CT 06484
      View Details
    • Contact for pricing
      1,500 SF

      Shelton Retail Space For Rent

      Retail space available in a prime commuter corridor location.
      858-902 Bridgeport Ave, Shelton, CT 06484
      View Details
    • Contact for pricing
      4,032 SF

      Retail Space with Drive-Up Window

      4,032 SF retail space with drive-up window available forrent.
      350 Bridgeport Ave, Shelton, CT 06484
      View Details

    Property Visit Statistics

    • Visits by month
      1.0k
    • Visitors by month
      996
    • Avg Time on site
      27 min
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    514 Bridgeport Ave
    Shelton, CT 06484-4766
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    Realmo Value Estimation

    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.

    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.

    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
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