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Property profile & analytics
FOR LEASE
Industrial properties
55 Corporate Dr Trumbull, CT 06611
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-0540881
For Lease
1 / 3
Contact for pricing
55 Corporate Dr, Trumbull, CT 06611
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Property summary
AI-generated overview
55 Corporate Drive in Trumbull, CT, offers a premier office opportunity. This Class A, three-story building totals 47,264 square feet, with 29,559 square feet currently vacant. Spaces range from a minimum of 6,124 square feet to a maximum contiguous space of 16,425 square feet, allowing for flexibility to accommodate various business needs. The building features 13-foot ceilings, ample parking (4.1 spaces per 1,000 square feet), and elevators. Built in 1990, the property sits on a 3.9-acre lot and is zoned IL2. Its strategic location on Corporate Drive provides exceptional access to major transportation arteries, including the Monroe Turnpike, Route 25 connector, Merritt Parkway, and Amtrak (Bridgeport, 14 minutes away). This presents a unique chance to secure competitively priced office space in a highly desirable Fairfield County location. The entire building, individual floors, or customized spaces are available.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1990
Construction
STEEL FRAME
Total area
48,348 SF
Lot
3.9 ac (169,884 SF)
Zoning code
IL2
APN
TRUM M:E-01 L:00034 U:000
UPID
US15-0540881
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
-
Varrone John M Law Firm
-
Hirsch Law LLC Law Firm
-
Nolta Juliet Law Firm
-
SFA Marketing Advertising Agency Marketing & Advertising
-
Technology Service Corporation Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.08M
Blend (final)
Blend
$2.96M
Owner & transaction history
Lynn Holdings LLC · 19 yrs held
Lynn Holdings LLC
since 2006
1 recorded transaction
Zoning & alternative use
IL2 · Trumbull, 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 Trumbull submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Trumbull 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,380,000
Current use
Blend value · Realmo final
$2.96M
Range $2.66M – $3.26M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$61 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$86,233
Tax year 2022
Assessed value
$2,494,450
Assessed 2022
Previous assessed
$2,494,450
+0.0% YoY
Effective rate
3.46%
On assessed value
Assessed land
$671,790
Assessed improvement
$1,822,660
Applied tax rate
134.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1990
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
5
Total area
48,348 SF
Lot
3.9 ac (169,884 SF)
Zoning code
IL2
APN
TRUM M:E-01 L:00034 U:000
UPID
US15-0540881
Jurisdiction
TRUMBULL
Zoning & alternative use
IL2 · Trumbull, CTZoning IL2 · permitted uses
IL2 · Trumbull, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.4M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
5
Lot
3.9 ac
Current owner
From public records · entity-resolved
Lynn Holdings LLC
Entity
Mailing address
35 CORPORATE DR, TRUMBULL, CT 06611-6319
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2006
—
Lynn Holdings LLC
—
Deed Of Trust
related
$250,000 · Bank Of America
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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