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Property profile & analytics
OFF-MARKET
Estimated value
$5,020,000
Retail space
875 Bridgeport Ave Shelton, CT 06484-4621
Entity Owned
23-yr Hold
Free & Clear
Property ID
US15-0850895
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1993
Total area
67,855 SF
Lot
10.04 ac (437,342 SF)
Zoning code
IA-2
APN
SHEL M:9 L:16
UPID
US15-0850895
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
-
ShopRite Pharmacy of Shelton Pharmacy
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
ShopRite of Shelton Grocery & Convenience Store Food Market
-
Allison Acco Industries Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.60M
Blend (final)
Blend
$5.02M
Owner & transaction history
Hfk Shelton LLC · 23 yrs held
Hfk Shelton LLC
since 2003
7 recorded transactions
Zoning & alternative use
IA-2 · Shelton, 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 Shelton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shelton 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
Blend value · Realmo final
$5.02M
Range $4.52M – $5.52M · ±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
$74 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$155,922
Tax year 2023
Assessed value
$8,925,140
Assessed 2023
Previous assessed
$8,925,140
+0.0% YoY
Effective rate
1.75%
On assessed value
Assessed land
$2,530,080
Assessed improvement
$6,395,060
Applied tax rate
110.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1993
Heating
NONE
Buildings
1
Stories
1
Total area
67,855 SF
Lot
10.04 ac (437,342 SF)
Zoning code
IA-2
APN
SHEL M:9 L:16
UPID
US15-0850895
Jurisdiction
SHELTON
Zoning & alternative use
IA-2 · Shelton, CT
Zoning IA-2 · permitted uses
IA-2 · Shelton, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shelton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Heating
NONE
Stories
1
Buildings
1
Lot
10.04 ac
Current owner
From public records · entity-resolved
Hfk Shelton LLC
Entity
Free & Clear · 23 yrs held
Mailing address
620 RIGHTERS FRY RD, BALA CYNWYD, PA 19004-1347
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2025
—
Shelton Bridgeport LLC
—
Deed
related
$5,750,000 · Union Savings Bank
Jun 2, 2003
$16,177,140
Hfk Shelton LLC
Bec Shelton Rlty LLC
Warranty Deed
—
Jun 22, 2000
$16,557,818
Slg Shelton Rlty LLC
Shelton Ct Invest LLC
Warranty Deed
related
—
May 30, 2000
—
Shelton Ct Inv LLC
—
Deed Of Trust
related
$14,916,957 · Legg Mason Re Svc
Jan 28, 2000
$13,904,545
Shelton Ct Invst
Ahold Re
Warranty Deed
$10,550,000 · Zions First National Bank
Dec 18, 1995
—
Ahold Rlty Estate Co
—
Deed Of Trust
related
$8,700,000 · Zuckerman Family Nomi
Jun 29, 1993
—
Abs Dev Co
—
Deed Of Trust
related
$9,328,000 · Zions First National Bank
Apr 12, 1991
$400,000
Abs Dev Co
Shelton Ctr Assoc
Warranty Deed
—
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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