Technical
Financial
Distress signals
Property profile

433 Roosevelt Dr Derby, CT 06418

OFF-MARKET
Warehouses
Property ID
US15-0860426
3,000 SF 0.53 ac lot Built 1992
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,000 square foot commercial property presents a unique investment opportunity in Derby, CT. Located on a highly visible .53-acre corner lot on Route 34 (Roosevelt Drive), this warehouse-style building offers unparalleled versatility. The building features impressive 16-foot ceilings at its peak, providing ample headroom for various uses. Three 10-foot overhead garage doors ensure easy access for loading and unloading, while gas heating provides efficient climate control. A substantial yard provides ample space for parking, storage, or potential expansion. Currently configured as a retail space, this property's adaptable layout and prime location make it suitable for a wide range of commercial ventures. The high-traffic location on Route 34 guarantees excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in the Derby market. The property's size and features offer significant potential for growth and adaptation to meet the needs of a diverse clientele. This is a rare opportunity to acquire a well-situated commercial property with significant upside potential in a thriving Connecticut community. The combination of size, location, and features makes this an attractive investment for both established businesses and entrepreneurs looking to establish a new venture. The property's current use as an antiques and collectibles store demonstrates its suitability for retail, but its adaptability extends far beyond this single application.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1992
Construction STEEL FRAME
Total area 3,000 SF
Lot 0.53 ac (23,087 SF)
Zoning code B-2
APN DERB M:11 B:4 L:52A
UPID US15-0860426

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Home Decor Store (Bike/Boat/Book/etc) Store

Location

433 Roosevelt Dr Derby, CT 06418-1034
Derby metro Census 120200 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2025
2 recorded transactions
2025
$500,000
2024
Price N/A

Zoning & alternative use

B-2 · Derby, CT
Zoning description

§ 195-16 Business-2 (B-2) Zone. § 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 Developme…

General category COMMERCIAL

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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