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    Property profile & analytics

    23-25 Nn Ave Derby, CT 06418

    • Investment properties
    • 3,030 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US15-0152433
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 23-25 Nn Ave

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.24 lot acres
    Property size
    3,030 SF
    Zone code
    P
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    DERB M:9 B:4 L:188
    APU
    DERBM9B4L188

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $300,000
      6.5%
      $350,000
      7%
      $340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $375,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $375,000
      Retail
      $335,000
      Mixed-Use
      $370,000
      Hospitality
      $350,000
      Educational
      $375,000
      Residential Income
      $330,000
      Energy
      $375,000
      Income-Based Land
      $345,000
      Food Service
      $365,000

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0962
    Latitude
    41.3246
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, 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
    $7,274
    $39,620
    $148,820
    $188,440
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,896 SF

      19 Derby Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,896 SF
      19 Derby Ave, Derby, CT 06418-2707
      View Details
    • Value Estimation
      $365,000
      0.12 Acres

      59 Minerva St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.12 Acres
      59 Minerva St, Derby, CT 06418-1865
      View Details
    • Value Estimation
      $280,000
      3,921 SF

      189 Elizabeth St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,921 SF
      189 Elizabeth St, Derby, CT 06418-1813
      View Details
    • Value Estimation
      $240,000
      7,490 SF

      169 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,490 SF
      169 Main St, Derby, CT 06418-1936
      View Details
    • Value Estimation
      $280,000
      0.33 Acres

      21 Minerva St, Unit 29

      OFFICE/RESIDENTIAL (MIXED USE) • 0.33 Acres
      21 Minerva St, Derby, CT 06418-1874
      View Details
    • Value Estimation
      $330,000
      3,837 SF

      380 New Hvn Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,837 SF
      380 New Hvn Ave, Derby, CT 06418-2178
      View Details

    Similar Nearby for Sale

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      Classic Derby Duplex Investment Opportunity

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    Similar Nearby for Lease

    • Contact for pricing
      30,400 SF

      Retail Strip Center For Rent

      Neighborhood retail strip center with signalized entrance, Route 34.
      600 New Haven Ave, Derby, CT 06418
      View Details
    • $1,800 /Mo

      Completely Brand New First Floor

      Newly renovated first-floor unit with high-efficiency HVAC.
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      View Details
    • $3,500 /Mo
      2,200 SF

      Prime Retail Space Available

      High-traffic retail space suitable for various businesses.
      443 Roosevelt Dr, Derby, CT 06418
      View Details
    • $1,700 /Mo

      Downtown Commercial Suite For Rent

      Versatile commercial space in a vibrant downtown location.
      15 Minerva St, Derby, CT 06418
      View Details
    • $2,200 /Mo

      Charming Two-Bedroom First-Floor Unit

      Well-maintained two-bedroom unit with utilities included.
      74 Mount Pleasant St, Derby, CT 06418
      View Details
    • $3,500 /Mo
      2,000 SF

      Freestanding Building on High-Traffic Road

      2,000 SF building on 1 acre, suitable for many uses.
      795 Roosevelt Dr, Derby, CT 06418
      View Details
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    Derby, CT 06418
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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