Entity Owned 
For Lease
$5,400/Mo
11 Jericho Rd, Glenmont, NY 12077
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Property summary
AI-generated overview
This is a single-story office building in Glenmont, New York, providing approximately 4,000 square feet of indoor space on a site of approximately 0.79 acres. The property includes parking for approximately 15 vehicles and features 220-volt electrical service along with central air conditioning. The building is positioned with frontage and visibility along Route 9W, adjacent to the 54-unit Park Place Apartments at Glenmont Square and next to the Jericho Drive-in.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
3,600 SF
Lot
0.79 ac (34,412 SF)
Zoning code
RH
APN
012200 109.14-3-5
UPID
US63-2506476
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
-
Photography Service (Bike/Boat/Book/etc) Store
-
Photography Service (Bike/Boat/Book/etc) Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$190k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$190k
Owner & transaction history
since 2014
1 recorded transaction
Zoning & alternative use
RH · Glenmont, NY
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 7 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$190k
Value range
$171k – $209k
±10% around blend
Estimated value / SF
$53 / SF
Confidence
High
7 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
70
Income certainty
100
$171k
blend $190k
$209k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,600 SF
Lot area
0.79 ac
Year built
1986
Stories
1
APN
012200 109.14-3-5
Zoning
RH
Assessed value
$292,000
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$725k
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
11.8 mi away · 4,175 SF
16.3 mi away · 3,072 SF
18.4 mi away · 4,084 SF
19.9 mi away · 3,678 SF
20.0 mi away · 4,020 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$190k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 48 sales
$64
-18%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $53/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$883k
Move the market yield to see immediate price impact.
Value / SF
$245
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$56k
$1.11M
$794k
$618k
$62k
$1.24M
$883k
$686k
$68k
$1.36M
$971k
$755k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$900k
10.0 mi · Dec 2025 · $245/SF
Property tax & assessments
Property tax & assessments
Assessed value
$292,000
Assessed 2023
Previous assessed
$292,000
+0.0% YoY
Assessed land
$89,500
Assessed improvement
$202,500
Land market value
$119,333
Improvement market value
$270,000
Total market value
$389,333
Applied tax rate
12,402.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1986
Heating
NONE
Buildings
1
Stories
1
Total area
3,600 SF
Lot
0.79 ac (34,412 SF)
Zoning code
RH
APN
012200 109.14-3-5
UPID
US63-2506476
Jurisdiction
ALBANY
Zoning & alternative use
RH · Glenmont, NYZoning RH · permitted uses
RH · Glenmont, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
1
Buildings
1
Lot
0.79 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RH
Jurisdiction
Glenmont, NY
Recorded code
RH
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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