New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,885,000
Manufacturing properties
33 Corporate Dr, Orangeburg, NY 10962-2615
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-0449065
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Total area
35,456 SF
Lot
4.75 ac (206,910 SF)
Zoning code
LIO
APN
392489 73.19-1-9
UPID
US63-0449065
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
-
FordMedical LLC Corporate Office
-
GrowLight Heaven Big Box & Wholesale Store Agricultural Supply
-
Zagwear Advertising Agency Marketing & Advertising
-
Sourceone Marketing Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.82M
Blend (final)
Blend
$6.89M
Owner & transaction history
Ford 33 Realty LLC · 5 yrs held
Ford 33 Realty LLC
since 2020
Last sale
$5.9M
6 recorded transactions
Zoning & alternative use
LIO · Orangeburg, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$11.0M
+3.7%
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 Orangeburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orangeburg 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,565,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$10,950,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$6.89M
Range $6.20M – $7.57M · ±10% · vs last sale $5.90M (Dec 10 2020)
Last sale anchor
$5.90M
Dec 10 2020
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
$194 / 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
$1,949,200
Assessed 2023
Previous assessed
$1,949,200
+0.0% YoY
Assessed land
$389,600
Assessed improvement
$1,559,600
Land market value
$1,093,461
Improvement market value
$4,377,210
Total market value
$5,470,671
Applied tax rate
392,408.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1989
Heating
NONE
Buildings
2
Stories
1
Total area
35,456 SF
Lot
4.75 ac (206,910 SF)
Zoning code
LIO
APN
392489 73.19-1-9
UPID
US63-0449065
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
LIO · Orangeburg, NY
Zoning LIO · permitted uses
LIO · Orangeburg, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orangeburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$10.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.0M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
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
1989
Heating
NONE
Stories
1
Buildings
2
Lot
4.75 ac
Current owner
From public records · entity-resolved
Ford 33 Realty LLC
Entity
Mailing address
100 CHALLENGER RD STE #105, PALISADES PARK, NJ 07650
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2023
—
Ford 33 Realty LLC
—
Deed
related
$7,200,000 · Key Bank NA
Aug 18, 2021
—
Ford 33 Realty LLC
—
Deed
related
$3,281,355 · Bank Of America
Feb 23, 2021
—
Ford 33 Realty LLC
—
Deed
related
$2,157,643 · Bank Of America
Feb 5, 2021
—
Ford 33 Realty LLC
—
Deed
related
$2,562,357 · Bank Of America
Dec 10, 2020
$5,900,000
Ford 33 Realty LLC
Magnum Devlopment Group LLC
Bargain And Sale Deed
—
May 29, 2009
—
Magnum Dev Group LLC
County Of Rockland Indl Dev Agcy
Grant Deed
—
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 33 Corporate Dr?
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.
