Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    31 Derby Ave Derby, CT 06418-2056

    • Investment properties
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Location Intelligence
    Property ID
    US15-0534973
    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 31 Derby Ave

    Year built
    1829
    Lot size
    0.32 lot acres
    Zone code
    B-2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    DERB M:7 B:6 L:29
    APU
    DERBM7B6L29

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $390,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $375,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $345,000
      Retail
      $330,000
      Mixed-Use
      $340,000
      Hospitality
      $420,000
      Educational
      $360,000
      Residential Income
      $345,000
      Energy
      $405,000
      Income-Based Land
      $380,000
      Food Service
      $410,000

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0804
    Latitude
    41.3164
    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
    $13,324
    $89,880
    $255,290
    $345,170
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $890,000
      0.43 Acres

      65 Elizabeth St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.43 Acres
      65 Elizabeth St, Derby, CT 06418-1825
      View Details
    • Value Estimation
      $205,000
      3,453 SF

      146 New Hvn Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,453 SF
      146 New Hvn Ave, Derby, CT 06418-2147
      View Details
    • Value Estimation
      $225,000
      6,029 SF

      21-23 Derby Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 6,029 SF
      21-23 Derby Ave, Derby, CT 06418
      View Details
    • Value Estimation
      $245,000
      4,800 SF

      71 Elizabeth St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,800 SF
      71 Elizabeth St, Derby, CT 06418-1825
      View Details
    • Value Estimation
      $225,000
      0.83 Acres

      350 Hawthorne Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.83 Acres
      350 Hawthorne Ave, Derby, CT 06418-1060
      View Details
    • Value Estimation
      $360,000
      1.08 Acres

      135 Main St, Unit 141

      OFFICE/RESIDENTIAL (MIXED USE) • 1.08 Acres
      135 Main St, Derby, CT 06418-1934
      View Details

    Similar Nearby for Sale

    • $1,150,000

      Derby Mixed-Use Investment Opportunity

      Income-producing property with residential and commercial units in Derby, CT.
      63 Derby Ave, Derby, CT 06418
      View Details
    • $434,999
      2,027 SF

      Refreshed Two-Unit Multifamily Home

      Turn-key two-unit home, ideal for owner-occupiers or investors.
      100 Mount Pleasant St, Derby, CT 06418
      View Details
    • $349,900

      Fully Occupied Duplex Investment Opportunity

      Turnkey duplex with immediate cash flow and low maintenance.
      98 Water St, Derby, CT 06418
      View Details
    • $460,000

      Hawthorne Avenue Specialty Property

      Specialty property available for sale on Hawthorne Avenue.
      249 Hawthorne Ave, Derby, CT 06418
      View Details
    • $365,000

      Land For Sale

      Land available for sale.
      2 Joyce Ave, Derby, CT 06418
      View Details
    • $600,000
      5,960 SF

      Derby Industrial Building - River Views

      Spacious warehouse, prime location, river views.
      95 Roosevelt Dr, Derby, CT 06418
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,803 SF

      Hilltop Commons Retail Space for Lease

      Derby, CT: Prime Retail, High Visibility
      656 New Haven Ave, Derby, CT 06418
      View Details
    • $1,500,000
      1,460 SF

      Move-in Ready Office Suite

      Spacious office suite in Derby's thriving downtown renaissance.
      17 Elizabeth St, Derby, CT 06418
      View Details
    • Contact for pricing
      8,000 SF

      Retail Opportunity in Derby, CT

      Retail space available for lease in Derby, Connecticut.
      540 New Haven Ave, Derby, CT 06418
      View Details
    • $2,200 /Mo

      Well-Maintained Duplex with Private Deck

      Functional duplex with eat-in kitchen, deck, and central air.
      4 Trumbull St, Derby, CT 06418
      View Details
    • $2,250 /Mo

      Spacious Three Bedroom Unit

      Three bedroom unit with large kitchen and open living space.
      39 Park Ave, 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
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    31 Derby Ave
    Derby, CT 06418-2056
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.