175 Constitution BlvdShelton, CT 06484

  • Office properties
  • 19,992 SF
For Sale
$3,000,000 View listing

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
175 Constitution Blvd, Shelton, Connecticut

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,448
$658,980
$969,430
$1,628,410
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