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Property profile & analytics
FOR LEASE
Investment properties
1 Meadow Rd Florida, NY 10921
Entity Owned
15-yr Hold
Free & Clear
Property ID
US63-1070420
For Lease
1 / 14
$1,600/Mo
1 Meadow Rd, Florida, NY 10921
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1969
Total area
9,600 SF
Lot
1 ac (43,560 SF)
Zoning code
401
APN
335401 102-1-4
UPID
US63-1070420
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
-
Elite Nail Salon Nail Salon
-
Pizza Express Florida New York Restaurant
-
Down 2 Earth Specialty Food Shop
-
HomeTourVision Photography Service (Bike/Boat/Book/etc) Store
-
Mavis Discount Tire (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.29M
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.13M
Owner & transaction history
Big V Re One LLC · 15 yrs held
Big V Re One LLC
since 2010
7 recorded transactions
Zoning & alternative use
401 · Florida, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.8M
+34.3%
Auto repair, garage
$1.6M
+17.8%
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 Florida submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florida 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,395,000
6.5%
$1,285,000
7%
$1,195,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,360,000
Current use
OFFICE BUILDING
$1,825,000
Change: +34% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,605,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±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
$117 / 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 2021Property tax & assessments
Tax year 2021
Assessed value
$150,000
Assessed 2023
Previous assessed
$150,000
+0.0% YoY
Assessed land
$20,400
Assessed improvement
$129,600
Land market value
$220,538
Improvement market value
$1,401,062
Total market value
$1,621,600
Applied tax rate
335,415.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1969
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
9,600 SF
Lot
1 ac (43,560 SF)
Zoning code
401
APN
335401 102-1-4
UPID
US63-1070420
Jurisdiction
ORANGE
Zoning & alternative use
401 · Florida, NY
Zoning 401 · permitted uses
401 · Florida, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Florida. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
1 ac
Current owner
From public records · entity-resolved
Big V Re One LLC
Entity
Free & Clear · 15 yrs held
Mailing address
176 N MAIN ST #210, FLORIDA, NY 10921-1021
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2017
—
Big V Re One LLC
—
Deed
related
$1,410,789 · Orange Bk&tr Co
Aug 11, 2010
$700,000
Big V Re One LLC
Caplicki,janet
Grant Deed
—
Aug 11, 2010
—
Janet Caplicki
Kmk Ents LLC
Grant Deed
related
—
—
—
Big V Re One LLC
—
Deed Of Trust
related
$400,000 · Orange County Trust Co
—
—
Big V Re One LLC
—
Deed Of Trust
related
$1,425,000 · Orange County Trust Co
—
—
Big V Re One LLC
—
Deed Of Trust
related
$1,025,000 · Orange County Trust Co
—
—
Kmk Enterprises LLC
—
Deed Of Trust
related
$80,000 · Modern Produce Farms INC
—
—
Big V Re One LLC
—
Loan Modification, Consolidation And Extension
related
$1,410,789 · Orange Bk&tr Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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