Entity Owned Property summary
AI-generated overview
The property is a commercial office space totaling approximately 2,500 square feet, located on White Plains Road in Tarrytown, New York. It is configured for office use and is offered for leasing.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Total area
205,000 SF
Lot
7.85 ac (341,946 SF)
APN
552611 1.140-94-5.2
UPID
US63-4298849
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$51.52M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$44.75M
Owner & transaction history
since 2013
2 recorded transactions
Zoning & alternative use
Top alternative use upside
Warehouse, storage
$74.5M
+3.5%
Commercial (general)
$72.8M
+1.1%
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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$44.75M
Value range
$40.28M – $49.23M
±10% around blend
Estimated value / SF
$218 / SF
Confidence
Low
3 county-verified comps
Property data
63
Market benchmarks
33
Comparable evidence
30
$40.28M
blend $44.75M
$49.23M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
205,000 SF
Lot area
7.85 ac
Year built
1982
APN
552611 1.140-94-5.2
Assessed value
$36,250,000
3
Income approach: direct capitalization
Partial preview
Income approach indication
$51.52M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$55.81M
@ 6.5% CAP return
$51.52M
@ 7% CAP return
$47.84M
4
Sales comparison
Partial preview
Sales approach indication
$17.97M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
21.6 mi away · 254,185 SF
21.7 mi away · 214,392 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$44.75M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 65 sales
$351
-38%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $218/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Warehouse, Storage
Gross theoretical uplift
+4%
vs current-use indication
Commercial (general)
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
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.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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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$36.25M
Move the market yield to see immediate price impact.
Value / SF
$177
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%
$2.28M
$45.68M
$32.62M
$25.38M
$2.54M
$50.75M
$36.25M
$28.19M
$2.79M
$55.83M
$39.87M
$31.01M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$26.00M
13.6 mi · Jan 2026 · $135/SF
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$36,250,000
Assessed 2023
Previous assessed
$36,250,000
+0.0% YoY
Assessed land
$6,393,200
Assessed improvement
$29,856,800
Land market value
$6,393,200
Improvement market value
$29,856,800
Total market value
$36,250,000
Applied tax rate
552,602.0000
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
Off-Market
Year built
1982
Heating
NONE
Total area
205,000 SF
Lot
7.85 ac (341,946 SF)
APN
552611 1.140-94-5.2
UPID
US63-4298849
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Lot
7.85 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
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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