175 Constitution BlvdShelton, CT 06484
- Office properties
- 19,992 SF
Property Details for 175 Constitution Blvd
- Year built
- 1999
- Lot size
- 5.23 AC
- Property size (Sq ft)
- 19,992 SF
- Zone code
- LIP1
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- SHEL M:79 L:8
- APU
- SHELM79L8
Description
This exceptional 19,992 square foot industrial property, located at 175 Constitution Blvd. South in Shelton, Connecticut, offers a unique blend of office and warehouse space, ideal for owner-occupiers. Built in 1999, the single-story building sits on a 5.23-acre lot and features a 12 to 16-foot ceiling height. The property includes one loading dock, ample parking for 41 vehicles, and is zoned LIP1. The asking price is $3,000,000, translating to $150.06 per square foot. This versatile space caters to diverse business needs, offering a seamless integration of office and warehouse functionalities. A key advantage is the on-site generator, ensuring uninterrupted power to the entire building. This presents a rare opportunity to acquire a functional and adaptable property with significant growth potential in a desirable location within Fairfield County, zip code 06484. The property's combination of office and warehouse space, along with the loading dock, makes it an attractive option for businesses requiring both operational and administrative areas. The substantial lot size also allows for future expansion or development.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,305,275
- 6.5%
- $3,051,023
- 7%
- $2,833,093
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,612,155
- Geo Method
- $2,612,155
-
Alternative Use
- Use
- Valuation
- Residential
- $3,783,268
- Hospitality
- $3,465,454
- Educational
- $2,883,216
- Medical
- $2,982,375
- Retail
- $4,485,004
Location Insight
- City
- Shelton
- County
- Fairfield
- State
- Connecticut
- Latitude
- 41.2968
- Longitude
- -73.0898
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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