33 Elizabeth St Derby, CT 06418-1832
-
ResolveIT, Inc. Tech Support Center (Bike/Boat/Book/etc) Store
-
CJL Engineering, Inc. Engineer
-
C & T Kelly LLC Advertising Agency Marketing & Advertising
-
consulting IT Consulting Firm (Bike/Boat/Book/etc) Store
(“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.