New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,510,000
Strip malls
11565-73 Rte 32, Greenville, NY 12083
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-4827849
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1990
Total area
59,828 SF
Lot
19.55 ac (851,598 SF)
Zoning code
05 - COMMERCIAL
APN
193200 12.02-1-19
UPID
US63-4827849
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.51M
Owner & transaction history
Route 32 Greenville LLC · 3 yrs held
Route 32 Greenville LLC
since 2022
Last sale
$5.6M
3 recorded transactions
Zoning & alternative use
05 - COMMERCIAL · Greenville, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.9M
+302.8%
Office building
$6.1M
+255.5%
Restaurant
$5.5M
+223.1%
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 Greenville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greenville 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
$5,410,000
ML approach
$5,470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,910,000
Change: +303% · Conversion: Easy
OFFICE BUILDING
$6,100,000
Change: +255% · Conversion: Moderate
RESTAURANT
$5,540,000
Change: +223% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,205,000
Change: +203% · Conversion: Difficult
WAREHOUSE, STORAGE
$4,055,000
Change: +136% · Conversion: Difficult
Blend value · Realmo final
$5.51M
Range $4.96M – $6.06M · ±10% · vs last sale $5.58M (Sep 27 2022)
Last sale anchor
$5.58M
Sep 27 2022
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
$92 / 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
Property tax & assessments
Assessed value
$3,550,000
Assessed 2023
Previous assessed
$3,822,500
-7.1% YoY
Assessed land
$64,000
Assessed improvement
$3,486,000
Land market value
$130,612
Improvement market value
$7,114,286
Total market value
$7,244,898
Applied tax rate
193,201.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1990
Heating
HOT WATER
Cooling
CENTRAL
Buildings
4
Stories
1
Bathrooms
2
Total area
59,828 SF
Lot
19.55 ac (851,598 SF)
Zoning code
05 - COMMERCIAL
APN
193200 12.02-1-19
UPID
US63-4827849
Jurisdiction
GREENE
Zoning & alternative use
05 - COMMERCIAL · Greenville, NY
Zoning 05 - COMMERCIAL · permitted uses
05 - COMMERCIAL · Greenville, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greenville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$6.9M
OFFICE BUILDING
Est. value
$6.1M
RESTAURANT
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$5.2M
WAREHOUSE, STORAGE
Est. value
$4.1M
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1990
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
2
Lot
19.55 ac
Current owner
From public records · entity-resolved
Route 32 Greenville LLC
Entity
Mailing address
2151 OCEAN PKWY, BROOKLYN, NY 11223-4828
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2022
$5,583,770
Route 32 Greenville LLC
Greenville Ctr Assoc LLC
Deed
$4,125,000 · Td Bank NA
Nov 6, 2014
—
Greenville Center Ass
Greenville Center Ass
Quit Claim Deed
related
—
Aug 24, 2005
$5,725,000
Greenville Ctr Associates LLC
Bryants Super INC
Warranty Deed
related
—
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
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 11565-73 Rte 32?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
