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Property profile & analytics
OFF-MARKET
Estimated value
$295,000
Medical Office Space
445 New Hvn Ave Derby, CT 06418-2533
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US15-0346687
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1970
Construction
FRAME
Total area
5,390 SF
Lot
0.59 ac (25,700 SF)
Zoning code
B-2
APN
DERB M:5 B:4 L:105
UPID
US15-0346687
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
-
J & S Auto Rental Car Rental Facility
-
LAC Properties Medical Clinic Alternative Medicine Practice
-
Tri-Star Security Inc Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$295k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$295k
Owner & transaction history
J Cecarelli & Sons LLC · 15 yrs held
J Cecarelli & Sons LLC
since 2010
1 recorded transaction
Zoning & alternative use
B-2 · Derby, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Development District (CDD) Zone.
Zone name
Commercial
General category
COMMERCIAL
Zone area
41.67 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
$295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$295k
Range $266k – $325k · ±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
$55 / 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
$8,590
Tax year 2023
Assessed value
$222,530
Assessed 2023
Previous assessed
$222,530
+0.0% YoY
Effective rate
3.86%
On assessed value
Assessed land
$140,700
Assessed improvement
$81,830
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
1970
Construction
FRAME
Heating
STEAM
Cooling
YES
Buildings
1
Units
6
Total area
5,390 SF
Lot
0.59 ac (25,700 SF)
Zoning code
B-2
APN
DERB M:5 B:4 L:105
UPID
US15-0346687
Jurisdiction
DERBY
Zoning & alternative use
B-2 · Derby, CTZoning B-2 · permitted uses
B-2 · Derby, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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 Development District (CDD) Zone.
Zone name
Commercial
General category
COMMERCIAL
Zone area
41.67 ac
Building & site characteristics
From public records
Year built
1970
Construction
FRAME
Heating
STEAM
Cooling
Yes
Buildings
1
Units
6
Lot
0.59 ac
Current owner
From public records · entity-resolved
J Cecarelli & Sons LLC
Entity
Mailing address
445 NEW HVN AVE, DERBY, CT 06418-2533
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2010
$40,000
J Cecarelli & Sons LLC
Bednar Edward G Est
Grant Deed
$149,980 · Peoples Bank
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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