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    115 Route 303 Tappan, NY 10983

    For Sale
    Contact for pricing

    91,907 SF property with storage and office/warehouse space.

    Property size:
    91,907 SF
    Lot size:
    8.50 Acres

    Property Features for 115 Route 303

    General Information

    Size
    91,907 SF
    Lot size
    8.50 Acres

    Source: JLL | Dallas Agent Matthew Wheeler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tappan, NY Self Storage Facility

    This 91,907 square foot property in Tappan, NY, features a recently renovated Class A self-storage facility. The two-story building includes 34,802 rentable square feet of storage space, comprising 363 climate-controlled units (286 downstairs and 77 upstairs with elevator access), and 57,105 square feet of office/warehouse space. The office/warehouse component is currently 27.8% occupied, with 41,205 square feet available for lease. The office/warehouse space was fully occupied until February 2025. The property is situated in a well-located area with a strong surrounding demographic profile, including approximately 51,800 households within a 5-mile radius. The average household income in this radius exceeds $210,000, with a population of over 141,750. The property offers potential for revenue growth through increased rents and lease-up of the vacant office/warehouse space. An alternative option for the buyer would be to convert the office/warehouse space to additional storage units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tappan
    County
    Rockland
    State
    New York
    Longitude
    -73.943721
    Latitude
    41.032147

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    FAQs

    What type of property is this?
    Self storage facility - 91,907 SF property with storage and office/warehouse space.
    Where is this self storage facility located?
    The property is located at 115 Route 303 Tappan, NY.
    What are key features of this property?
    This property features: - State-of-the-art, recently renovated Class A self-storage facility.; - Significant upside potential through lease-up of 41,205 SF of vacant office/warehouse space or conversion to additional storage units.; - Located in a high-income area with an average household income of $210,000 within a 5-mile radius.
    (214) 265-0880
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    Tappan, NY 10983
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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
    115 Route 303 Tappan, NY 10983
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