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    Property profile & analytics

    500 Smt Lk Dr Valhalla, NY 10595-1340

    • Office buildings
    • 214,888 SF
    • 29.14 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US63-3621276
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Summit Chiropractic Care PC / Chiropractor / Medical Center
    • Link Technology Group / Software Company / Professional Services
    • Data Wire Solutions / Telecommunications Contractor / Audio Visual Consultant
    • Westchester Benefit Group, Inc. / Health Insurance Agency / Financial Consultant
    • WSP / Engineering Consultant

    Property Details for 500 Smt Lk Dr

    Year built
    1987
    Lot size
    29.14 lot acres
    Property size
    214,888 SF
    Property type
    Office buildings
    APN
    553489 112.15-1-2
    APU
    5534891121512

    Description

    This exceptional office property, located at 500 Summit Lake Drive in Valhalla, New York, 10595, offers a significant opportunity for businesses seeking flexible and modern workspace. The building encompasses a total of 145,000 square feet, with a substantial 179,920 square feet currently vacant, providing ample space for expansion or multiple tenants. The property is classified as both Traditional and Executive Office space, catering to a diverse range of business needs. Units are available in sizes ranging from a minimum of 798 square feet to a maximum contiguous space of 58,579 square feet, allowing for customization to suit specific requirements. The building features a convenient parking ratio of 3 spaces per 1,000 square feet, ensuring ample parking for tenants and their clients. Situated in Westchester County, this location offers easy access to major transportation routes and a thriving business community. The property's multiple tenancy structure provides a dynamic and collaborative environment. This is an ideal opportunity to establish a presence in a highly desirable and accessible location within Westchester County. Contact us today to learn more about leasing options and explore the possibilities of making 500 Summit Lake Drive your new business address.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Valhalla
    County
    Westchester
    State
    New York
    Longitude
    -73.7807
    Latitude
    41.0999
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $139,900
    $172,500
    $312,400
    -
    $12,380,531
    $15,265,487
    $27,646,018

    Comparable in this City

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      OFFICE BUILDING • 4,218 SF
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    Similar Nearby for Lease

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    Valhalla, NY 10595-1340
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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