Entity Owned Property summary
AI-generated overview
This exceptional Riverhead, NY investment property offers a unique blend of commercial and residential income streams. Situated on a high-traffic road, the property comprises two newly renovated buildings totaling 2,300 square feet. The first building, a 600 sq ft liquor store, boasts a fully updated interior, including new counters and a full basement. The second building is a 1,700 sq ft deli featuring a fully equipped kitchen, new lighting, a hot food bar, and a new refrigerator, in addition to an existing walk-in refrigerator. The sale includes the established businesses of both the liquor store and the deli
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1942
Total area
3,753 SF
Lot
0.45 ac (19,602 SF)
Zoning code
10
APN
0600-020.00-04.00-002.000
UPID
US63-0381814
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
-
Food Market Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$755k
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$825k
Owner & transaction history
since 2025
Last sale
$950,000
4 recorded transactions
Zoning & alternative use
10 · Riverhead, NY
Top alternative use upside
Auto repair, garage
$1.4M
+39.8%
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.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$825k
Value range
$743k – $908k
±10% around blend
Estimated value / SF
$220 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$743k
blend $825k
$908k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,753 SF
Lot area
0.45 ac
Year built
1942
Stories
2
APN
0600-020.00-04.00-002.000
Zoning
10
Assessed value
$95,000
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.03M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.12M
@ 6.5% CAP return
$1.03M
@ 7% CAP return
$955k
4
Sales comparison
Partial preview
Sales approach indication
$1.08M
Range $643k – $1.37M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$825k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 54 sales
$263
-16%
Submarket 54 sales
$263
-16%
County 205 sales
$301
-27%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $220/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+40%
vs current-use indication
Commercial (general) · current use
Warehouse, Storage
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.
17% off on annual
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
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
8.10%
Implied, in-place cap rate for this investment properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.10%
9.0%
NOI (est.)
$67k *
Last sale · May 2025
$950k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$821k
Move the market yield to see immediate price impact.
Value / SF
$219
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
7.60%8.10%8.60%
$60k
$788k
$739k
$696k
$67k
$875k
$821k
$773k
$73k
$963k
$903k
$851k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$95,000
Assessed 2023
Previous assessed
$95,000
+0.0% YoY
Assessed land
$27,000
Assessed improvement
$68,000
Land market value
$290,635
Improvement market value
$731,970
Total market value
$1,022,605
Applied tax rate
473,002.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1942
Heating
NONE
Buildings
2
Stories
2
Total area
3,753 SF
Lot
0.45 ac (19,602 SF)
Zoning code
10
APN
0600-020.00-04.00-002.000
UPID
US63-0381814
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
10 · Riverhead, NYZoning 10 · permitted uses
10 · Riverhead, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
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
1942
Heating
NONE
Stories
2
Buildings
2
Lot
0.45 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
10
Jurisdiction
Riverhead, NY
Recorded code
10
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 10 in Riverhead, NY.
What opens after registration
Zoning profile
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.
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