Property profile

8 Progress Dr Shelton, CT 06484

OFF-MARKET
Office buildings
Property ID
US15-0255015
62,760 SF 5.02 ac lot Built 1984
Entity Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Total area 62,760 SF
Lot 5.02 ac (218,671 SF)
Zoning code LIP
APN SHEL M:28 L:15
UPID US15-0255015

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Vocational School Training Center
  • Vocational School Training Center

Location

8 Progress Dr Shelton, CT 06484-6219
Shelton metro Census 110302 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.95M

Owner & transaction history

since 2006
7 recorded transactions
2025
Price N/A
2006
$6.1M
1999
Price N/A
1998
$3.5M
1997
$2.3M
1989
Price N/A
1988
Price N/A

Zoning & alternative use

LIP · Shelton, CT
Zoning description

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 Protect…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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