Property profile

87 Elizabeth St Derby, CT 06418

OFF-MARKET
Turn key restaurants
Property ID
US15-0473262
9,528 SF 0.15 ac lot Built 1976
Entity Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1976
Construction FRAME
Total area 9,528 SF
Lot 0.15 ac (6,534 SF)
Zoning code CDD
APN DERB M:8 B:5 L:73
UPID US15-0473262

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
  • Restaurant
  • Restaurant
  • Shopping Center & Mall
  • Restaurant

Location

87 Elizabeth St Derby, CT 06418-1825
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
$751k
Blend (final) Blend
$290k

Owner & transaction history

since 2025
Last sale
$520,000
5 recorded transactions
2025
$520,000
2013
Price N/A
2008
Price N/A
2007
$350,000
1999
Price N/A

Zoning & alternative use

CDD · Derby, CT
Zoning description

(“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…

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 87 Elizabeth St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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