Technical
Financial
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Property profile

150 Roosevelt Dr Derby, CT 06418

OFF-MARKET
Manufacturing properties
Property ID
US15-0764264
2.07 ac lot Built 1900
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This expansive 150,000-square-foot industrial warehouse in Derby, CT, offers flexible lease options ranging from 5,000 to 50,000 square feet. Located in New Haven County, on a high-traffic section of Route 34, this multi-tenant property boasts 12-15 foot ceilings, 11 loading docks, 5 drive-ins, and ample parking (100 spaces). The building features 500 feet of street frontage and is situated 20 feet above the riverbank, providing excellent accessibility. Suitable for manufacturing, warehousing, and distribution, this space is perfect for businesses handling heavy equipment or large packages. The all-inclusive lease rate, starting at just $8 per square foot annually, covers all utilities and taxes, eliminating hidden costs. Pallet jack use and electricity are included. The space can be partitioned to meet specific tenant needs. Its proximity to NYC (approximately 60 miles) allows for multiple daily deliveries or pickups. This represents a significant cost savings compared to NYC warehouse rates.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1900
Lot 2.07 ac (90,169 SF)
Zoning code I-1
APN DERB M:9 B:4 L:2
UPID US15-0764264

Cap rate & NOI

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

Location

150 Roosevelt Dr Derby, CT 06418-1606
Derby metro Census 120200 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2017
7 recorded transactions
2017
$307,000
2015
Price N/A
2015
Price N/A
2005
Price N/A
2005
Price N/A
2004
Price N/A
1987
Price N/A

Zoning & alternative use

I-1 · Derby, CT
Zoning description

§ 195-17 Industrial-I (I-1) Zone. § 195-17(A) Mill Design District (MDD) Zone § 195-18 Public and Semipublic (P) Zone. § 195-19 Hospital/Campus (H/C) Zone. § 195-20 Center Design Development District (CDD) Zone. § 195-20…

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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