Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4711 White Plains Rd The Bronx, NY 10470

    • Retail properties
    • 500 SF
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Little Caesars Pizza / Restaurant

    Property Details for 4711 White Plains Rd

    Property size
    500 SF
    Property type
    Retail properties

    Description

    This exceptional 500-square-foot retail space is available for lease at 4711A White Plains Road in the Bronx, New York, zip code 10470. Located in Bronx County, this single-tenant property presents a fantastic opportunity for a variety of businesses. The entire 500 square feet is currently vacant, offering immediate occupancy for a new tenant. The property is classified as commercial retail and is ideal for a business seeking a high-visibility location within a bustling area. The address is easily accessible, offering convenient access for both customers and employees. This property is perfect for a small business looking to establish a strong presence in a thriving community. The space is ready for immediate customization to suit the needs of the incoming tenant. Its single-tenant occupancy ensures a focused and controlled environment. Serious inquiries are encouraged to explore this promising retail opportunity. The property's location in the Bronx offers access to a diverse and sizable customer base. This is a unique chance to secure a well-situated retail space in a dynamic and growing market. Don't miss out on this chance to establish your business in a prime location. Contact us today to schedule a viewing and discuss lease terms. The property is situated at 40.9039255 latitude and -73.8503634 longitude.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    The Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.8504
    Latitude
    40.9039

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      4710 White Plains Rd

      Retail properties • 1,200 SF
      4710 White Plains Rd, The Bronx, NY 10470
      View Details
    • Value Estimation by Request
      2,830 SF

      4702 White Plains Rd

      Mixed-use properties • 2,830 SF
      4702 White Plains Rd, Bronx, NY 10470
      View Details
    • Value Estimation by Request
      460 SF

      434 238th St

      GAS STATION • 460 SF
      434 238th St, Bronx, NY 10470
      View Details
    • Value Estimation by Request
      360 SF

      4628 Matilda Ave

      GAS STATION • 360 SF
      4628 Matilda Ave, Bronx, NY 10470
      View Details
    • Value Estimation
      $1,400,000
      3,140 SF

      4454 Bronx Blvd

      AUTO REPAIR, GARAGE • 3,140 SF
      4454 Bronx Blvd, Bronx, NY 10470-1408
      View Details
    • Value Estimation
      $665,000
      484 SF

      230 238th St

      GAS STATION • 484 SF
      230 238th St, Bronx, NY 10470
      View Details

    Similar Nearby for Sale

    • $700,000
      0.05 Acres

      Bronx Land Development Opportunity

      Vacant land with development potential in high-traffic Bronx location.
      4740 White Plains Rd, Bronx, NY 10470
      View Details
    • $875,000
      0.05 Acres

      Bronx Multifamily Investment Opportunity

      Value-add multifamily property in the Woodlawn section of the Bronx.
      93 E 233Rd St, Bronx, NY 10470
      View Details
    • $1,650,000
      0.08 Acres

      Bronx Development Site Near Transportation

      Development site in the Bronx with high buildable square footage.
      4615 Furman Ave, Bronx, NY 10470
      View Details
    • $225,000

      Webster Avenue Multifamily Opportunity

      Multifamily property available on Webster Avenue, The Bronx.
      4265 The, Bronx, NY 10470
      View Details
    • $169,000

      Move-In Ready Bronx Apartment

      Immaculate one-bedroom apartment in Woodlawn Heights, Bronx.
      205 The, Bronx, NY 10470
      View Details
    • $179,000

      Bright Bronx Co-op Apartment

      Inviting 1-bedroom co-op in the Woodlawn neighborhood.
      4200 The, Bronx, NY 10470
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      500 SF

      Prime Bronx Retail Space

      500 SF Retail Space - For Lease
      4711 White Plains Rd, The Bronx, NY 10470
      View Details
    • Contact for pricing
      500 SF

      Retail Space Near Train Station

      Retail space available in a dense residential neighborhood.
      4711-4713 White Plains Rd, Bronx, NY 10470
      View Details
    • $7,200 /Mo
      2,640 SF

      Bronx Retail Space for Rent

      Retail space available near 2 Train in the Bronx.
      4617 White Plains Rd, Bronx, NY 10470
      View Details
    • Contact for pricing
      21,000 SF

      Versatile Space in Bronx, NY

      Adaptable ground floor space suitable for various professional uses.
      4770 White Plains Rd, Bronx, NY 10470
      View Details
    • $13 SF/Yr
      3,100 SF

      Bronx Flex Space Available

      3,100 SF lower level space with drive-down ramp.
      4461 Bronx Blvd, Bronx, NY 10470
      View Details
    • Contact for pricing
      2,800 SF

      Industrial Space with Drive-In Door

      2,800 SF industrial space featuring a drive-in door.
      4605-4645 Bullard Ave, Bronx, NY 10470
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4711 White Plains Rd
    The Bronx, NY 10470
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.