Entity Owned
No photos on file
For Lease
Contact for pricing
4 Commerce Dr S, Harriman, NY 10926
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Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2005
Total area
51,071 SF
Lot
6.1 ac (265,716 SF)
Zoning code
PAD
APN
335801 108-1-15.22
UPID
US63-2643822
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
-
High School
-
Mill
-
Production Facility Building Supply
-
Association Or Organization
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.84M
Comparable Approach
Comparable
$9.62M
Blend (final)
Blend
$850k
Owner & transaction history
since 2013
3 recorded transactions
Zoning & alternative use
PAD · Harriman, NY
Zoning description
te its title: R-100 Residential Single-Family District R-50 Residential Single-Family District R-M Multiple Residential District B-1 Neighborhood Commercial District B-2 General Commercial District I Industrial District…
General category
INDUSTRIAL
Top alternative use upside
Retail stores
$10.5M
+45.6%
Office building
$9.7M
+34.3%
Auto repair, garage
$8.5M
+17.8%
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.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
4 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
$850k
Value range
$765k – $935k
±10% around blend
Estimated value / SF
$17 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$765k
blend $850k
$935k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
51,071 SF
Lot area
6.1 ac
Year built
2005
Stories
2
APN
335801 108-1-15.22
Zoning
PAD
Assessed value
$1,037,700
3
Income approach: direct capitalization
Partial preview
Income approach indication
$6.84M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$7.41M
@ 6.5% CAP return
$6.84M
@ 7% CAP return
$6.36M
4
Sales comparison
Partial preview
Sales approach indication
$9.62M
Range $4.37M – $10.83M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$850k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 447 sales
$142
-88%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $17/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+46%
vs current-use indication
Office Building
Auto Repair, Garage
Commercial (general) · 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
County record
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
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$1.04M
Move the market yield to see immediate price impact.
Value / SF
$20
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%
$65k
$1.31M
$934k
$726k
$73k
$1.45M
$1.04M
$807k
$80k
$1.60M
$1.14M
$888k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Assessed value
$1,037,700
Assessed 2023
Previous assessed
$1,037,700
+0.0% YoY
Assessed land
$90,600
Assessed improvement
$947,100
Land market value
$309,212
Improvement market value
$3,232,388
Total market value
$3,541,600
Applied tax rate
334,001.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
2005
Heating
NONE
Cooling
PARTIAL
Buildings
1
Stories
2
Total area
51,071 SF
Lot
6.1 ac (265,716 SF)
Zoning code
PAD
APN
335801 108-1-15.22
UPID
US63-2643822
Jurisdiction
ORANGE
Zoning & alternative use
PAD · Harriman, NYZoning PAD · permitted uses
PAD · Harriman, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
te its title: R-100 Residential Single-Family District R-50 Residential Single-Family District R-M Multiple Residential District B-1 Neighborhood Commercial District B-2 General Commercial District I Industrial District…
General category
INDUSTRIAL
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
2005
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Lot
6.1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
PAD
INDUSTRIAL
Jurisdiction
Harriman, NY
Recorded code
PAD
Official district
PAD
Official district profile
What the municipal code says about PAD
Zoning description
te its title: R-100 Residential Single-Family District R-50 Residential Single-Family District R-M Multiple Residential District B-1 Neighborhood Commercial District B-2 General Commercial District I Industrial District…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PAD in Harriman, NY.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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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.
Registration is required before any owner information is shown.
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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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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