100 Elizabeth St Derby, CT 06418-1819
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MCCA Derby Outpatient Clinic Medical Clinic
(“CDD Zone”) north of Main Street and the Mill Design District (MDD), consistent with the goals and objectives of the Derby Plan of Conservation and Development (“POCD”). The C-PDD Zone will provide for modifications to the strict standards and provisions of the CDD and MDD Zones by allowing for the creation of a C-PDD Zone with specified standards and provi…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CDD · Derby, CT(“CDD Zone”) north of Main Street and the Mill Design District (MDD), consistent with the goals and objectives of the Derby Plan of Conservation and Development (“POCD”). The C-PDD Zone will provide for modifications to the strict standards and provisions of the CDD and MDD Zones by allowing for the creation of a C-PDD Zone with specified standards and provisions associated with a “Master Plan of Development,” as provided herein. The C-PDD Zone is intended for uses to be located on parcels of real property of sufficient size to accommodate compatible and cohesive land uses that: (a) increase economic vitality in Downtown Derby and the Mill Design District, in particular by promoting redevelopment; (b) encourage mixed- use development with diverse housing opportunities that support locally-oriented businesses and cultural institutions; (c) promote a variety of retail, service and related commercial uses to serve both local needs and attract on a regional basis; (d) coordinate the placement, location and interconnectedness of buildings that maintain the architectural character and appearance of the Downtown and historic mill area; and (e) promote an attractive pedestrian environment. B. Establishment of a Downtown P lanned Development District Zone: (1) The Commission may establish a C-PDD Zone by: (a) Approving a C-PDD Zone, whic h shall include a Master Plan of Development, as provided herein. In addition to those requirements provided in this Section 195-24(A), an application for C-PDD Zone approval shall comply with the filing and procedural requirements of Article XIX, Section 195-140, entitled, “Amendments,” including all notice requirements. (b) Once a C-PDD Zone is approved, the properties within the C-PDD Zone shall be changed on the Zoning Map from their current zone dist rict designation of CDD or MDD Zone, to C-PDD Zone. (c) Within two years of the C-P DD Zone approval, a site plan constituting a final development plan shall be submitted, as provided by Article V of these Regulations. The Commission may approve one year extensions for filing a site plan for final development approval not to exceed an additional three years to accommodate the orderly build-out of the approved C-PDD Zone. (d) Any area of land within the C-PDD Zone, which is not subject to a site plan application for final development plan approval filed within five years of the
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.