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Property profile & analytics
OFF-MARKET
Estimated value
$355,000
Medical Office Space
299 Seymour Ave Derby, CT 06418-1342
Entity Owned
26-yr Hold
~
Est. High Equity
Property ID
US15-0391361
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1950
Construction
FRAME
Total area
10,912 SF
Lot
0.63 ac (27,443 SF)
Zoning code
H/C
APN
DERB M:8 B:11 L:79
UPID
US15-0391361
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Huntington Ob/Gyn Physician
-
Adult & Pediatric Dermatology Specialists Physician Medical Clinic
-
Trimarki Roberta Employment Agency
-
Michael Noonan, MD Physician Medical Clinic
-
Deirdre Cannon, MS, PA-C Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$355k
Owner & transaction history
Carrese Ent LLC · 26 yrs held
Carrese Ent LLC
since 2000
2 recorded transactions
Zoning & alternative use
H/C · Derby, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
§ 195-19 Hospital/Campus (H/C) Zone. § 195-20 Center Design Development District (CDD) Zone. § 195-20(A) Center Residence (CR) Zone. § 195-21 Floodplain (FP) Zone. § 195-22 Industrial Campus (I-C) Zone. ARTICLE III (cont.) Zoning Districts and District Requirements
Zone name
Hospital Campus Zone
General category
CIVIC_INSTITUTIONAL
Zone area
8.54 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Derby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Derby submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$355k
Range $320k – $391k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$33 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,169
Tax year 2023
Assessed value
$444,780
Assessed 2023
Previous assessed
$444,780
+0.0% YoY
Effective rate
3.86%
On assessed value
Assessed land
$64,190
Assessed improvement
$380,590
Applied tax rate
324.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
NONE
Cooling
YES
Buildings
1
Units
4
Total area
10,912 SF
Lot
0.63 ac (27,443 SF)
Zoning code
H/C
APN
DERB M:8 B:11 L:79
UPID
US15-0391361
Jurisdiction
DERBY
Zoning & alternative use
H/C · Derby, CTZoning H/C · permitted uses
H/C · Derby, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
§ 195-19 Hospital/Campus (H/C) Zone. § 195-20 Center Design Development District (CDD) Zone. § 195-20(A) Center Residence (CR) Zone. § 195-21 Floodplain (FP) Zone. § 195-22 Industrial Campus (I-C) Zone. ARTICLE III (cont.) Zoning Districts and District Requirements
Zone name
Hospital Campus Zone
General category
CIVIC_INSTITUTIONAL
Zone area
8.54 ac
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
NONE
Cooling
Yes
Buildings
1
Units
4
Lot
0.63 ac
Current owner
From public records · entity-resolved
Carrese Ent LLC
Entity
Mailing address
33 NATURE LN, SHELTON, CT 06484-4220
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2010
—
Carrese Enterprises LLC
—
Deed Of Trust
related
$350,000 · Naugatuck Valley Sla
May 1, 2000
$365,000
Carrese Ent LLC
Sampiere,robert
Warranty Deed
$249,900 · Citizens Bank Of Ct
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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