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Property profile & analytics
OFF-MARKET
Drive through restaurants
475 Smith Rdg Rd, South Salem, NY 10590-2626
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US63-6211214
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Lot
1.96 ac (85,378 SF)
Zoning code
GB
APN
553000 09834-035-0053
UPID
US63-6211214
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
-
Flora to you (Bike/Boat/Book/etc) Store Florist
-
Grapeswine.com South Salem Specialty Food Shop Wine and Liquor Store
-
Vista Community Park Park
-
Copia Home and Garden Garden Center
-
The Farmer's Grind Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Organic Choice INC · 13 yrs held
Organic Choice INC
since 2013
3 recorded transactions
Zoning & alternative use
GB · South Salem, 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 South Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Salem 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
—
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
$135,200
Assessed 2023
Previous assessed
$135,200
+0.0% YoY
Assessed land
$40,100
Assessed improvement
$95,100
Land market value
$574,499
Improvement market value
$1,362,464
Total market value
$1,936,963
Applied tax rate
552,001.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Heating
NONE
Lot
1.96 ac (85,378 SF)
Zoning code
GB
APN
553000 09834-035-0053
UPID
US63-6211214
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
GB · South Salem, NY
Zoning GB · permitted uses
GB · South Salem, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Salem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.96 ac
Current owner
From public records · entity-resolved
Organic Choice INC
Entity
Mailing address
SMITH RDG RD, SOUTH SALEM, NY 10590
Ownership since
2013
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
Jun 14, 2013
$1,200,000
Organic Choice INC
Sunray Gardens LLC
Bargain And Sale Deed
$60,000 · Empire State Certified Development
Jun 14, 2013
—
Sunray Garden LLC
Sunray LLC
Quit Claim Deed
related
—
May 17, 2007
$1,000,000
Sun Ray LLC
Boccuzzi,carmella
Grant Deed
$800,000 · Carmella Boccuzzi
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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