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    Property profile & analytics

    45 Minerva St Derby, CT 06418-1844

    • Investment properties
    • 11,520 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $1,650,000
    Last Sale
    Sep 17, 2021
    $1,700,000
    Location Intelligence
    Property ID
    US15-0008655
    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

    • Career Technology LLC / Employment Center

    Property Details for 45 Minerva St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.12 lot acres
    Property size
    11,520 SF
    Zone code
    CDD
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    DERB M:8 B:5 L:109
    APU
    DERBM8B5L109

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,675,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,750,000
      6.5%
      $1,660,000
      7%
      $1,770,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,800,000
      Geo Method
      $1,400,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,450,000
      Retail
      $1,675,000
      Mixed-Use
      $1,840,000
      Hospitality
      $1,800,000
      Educational
      $1,700,000
      Residential Income
      $1,660,000
      Energy
      $1,460,000
      Income-Based Land
      $1,365,000
      Food Service
      $1,340,000

    Location Insight

    • Map
    • Local Demand
    City
    Derby
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.088
    Latitude
    41.3207
    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
    $24,531
    $43,400
    $592,130
    $635,530
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $150,000
      4,392 SF

      211 Elizabeth St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,392 SF
      211 Elizabeth St, Derby, CT 06418-1813
      View Details
    • Value Estimation
      $110,000
      3,744 SF

      188 Elizabeth St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,744 SF
      188 Elizabeth St, Derby, CT 06418-1814
      View Details
    • Value Estimation
      $395,000
      3,620 SF

      184 Elizabeth St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,620 SF
      184 Elizabeth St, Derby, CT 06418-1814
      View Details
    • Value Estimation
      $280,000
      0.13 Acres

      14 3rd St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.13 Acres
      14 3rd St, Derby, CT 06418-1911
      View Details
    • Value Estimation
      $300,000
      885 SF

      133 Atwater Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 885 SF
      133 Atwater Ave, Derby, CT 06418-1401
      View Details
    • Value Estimation
      $335,000
      0.54 Acres

      11 Cedric Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.54 Acres
      11 Cedric Ave, Derby, CT 06418-1069
      View Details

    Similar Nearby for Sale

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      Multifamily property available for sale.
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    Similar Nearby for Lease

    • $3,500 /Mo
      2,000 SF

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      2,000 SF building on 1 acre, suitable for many uses.
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      View Details
    • $1,600 /Mo

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      Recently renovated 2-bedroom, 1-bath townhouse with new appliances and flooring.
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    • $3,450 /Mo

      Spacious Remodeled Townhouse-Style Half Duplex

      Recently remodeled 5-6 bedroom half duplex for rent in Derby.
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      View Details
    • $2,250 /Mo

      Spacious Three Bedroom Unit

      Three bedroom unit with large kitchen and open living space.
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      View Details
    • Contact for pricing
      30,400 SF

      Retail Strip Center For Rent

      Neighborhood retail strip center with signalized entrance, Route 34.
      600 New Haven Ave, Derby, CT 06418
      View Details
    • $1,800 /Mo

      Completely Brand New First Floor

      Newly renovated first-floor unit with high-efficiency HVAC.
      154 New Haven Ave, Derby, CT 06418
      View Details
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    Derby, CT 06418-1844
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    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
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