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Property profile & analytics
FOR SALE
Industrial properties

583 Howe Ave Shelton, CT 06484

36,506 SF 0.54 ac lot Built 1910
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US15-0240656
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1910
Total area 36,506 SF
Lot 0.54 ac (23,522 SF)
Zoning code IB-2
APN SHEL M:129B L:25
UPID US15-0240656
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
  • Shred Nations Business To Business Service Shredding Service
  • U-Haul Neighborhood Dealer Car Rental Facility
  • Shelton Storage Solutions LLC Storage Facility
  • Rent-A-Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$730k
CAP Approach CAP
by Request
Comparable Approach Comparable
$532k
Blend (final) Blend
$630k
Owner & transaction history
583 Howe Ave LLC · 8 yrs held
583 Howe Ave LLC
since 2018
2 recorded transactions
2018
$1.2M
2000
$275,000
Zoning & alternative use
IB-2 · Shelton, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Industrial IB-2 District IB-2 Light Industrial Park LIP Office Park District OPD River Front District RFD Special Development Area SDA Planned Development District PDD Designed Residential Development DRD Central Business District CBD Aquifer Protection Area APA 19 21.2 Special Development Area: The Special Development Area is a class of district in addition…

Zone name Industrial
General category INDUSTRIAL
Zone area 85.90 ac
Source DownloadDocument
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