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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Grocery and convenience stores
1615 Old Country Rd, Riverhead, NY 11901-4416
Entity Owned
16-yr Hold
Free & Clear
Property ID
US63-5757530
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2009
Total area
66,340 SF
Lot
6.81 ac (296,644 SF)
Zoning code
BC
APN
0600-119.00-01.00-019.001
UPID
US63-5757530
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
-
Peapod by Stop & Shop Supermarket Take-out & Catering Grocery & Convenience Store
-
Stop & Shop Grocery & Convenience Store Food Market
-
Stop & Shop Florist (Bike/Boat/Book/etc) Store Florist
-
Coinstar Bank Credit Union
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
County Of Suffolk · 16 yrs held
County Of Suffolk
since 2009
5 recorded transactions
Zoning & alternative use
BC · Riverhead, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Riverhead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverhead 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$19 / 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 2020Property tax & assessments
Tax year 2020
Assessed value
$1,508,900
Assessed 2023
Previous assessed
$1,508,900
+0.0% YoY
Assessed land
$421,000
Assessed improvement
$1,087,900
Land market value
$4,531,755
Improvement market value
$11,710,441
Total market value
$16,242,196
Applied tax rate
473,002.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2009
Heating
NONE
Buildings
1
Stories
1
Total area
66,340 SF
Lot
6.81 ac (296,644 SF)
Zoning code
BC
APN
0600-119.00-01.00-019.001
UPID
US63-5757530
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
BC · Riverhead, NY
Zoning BC · permitted uses
BC · Riverhead, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverhead. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Stories
1
Buildings
1
Lot
6.81 ac
Current owner
From public records · entity-resolved
County Of Suffolk
Entity
Free & Clear · 16 yrs held
Mailing address
PO BOX 6500, CARLISLE, PA 17013-0902
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2018
—
Richmond Riverhead Realty LLC
—
Loan Modification, Consolidation And Extension
related
$8,000,000 · Miscellaneous Ins Co
Aug 28, 2009
—
County Of Suffolk
Richmond Rivehead Realty LLC
Grant Deed
related
—
May 12, 2008
—
Town Of Riverhead
Richmond Riverhead Realty
Grant Deed
related
—
Mar 16, 2005
$4,200,000
Richmond Riverhead Realty LLC
Seaside Associates
Warranty Deed
—
—
—
Richmond Riverhead Realty LLC
—
Deed Of Trust
related
$122,882 · Miscellaneous Ins 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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