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524 Waverly Ave, Mamaroneck, NY 10543
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Property summary
AI-generated overview
This light industrial (M1) property is located in the Village of Mamaroneck and consists of a 13,400-square-foot building measuring approximately 134 feet by 50 feet. The first floor provides about 6,700 square feet of warehouse space with three drive-in doors and an approximately 14-foot ceiling height. The second floor contains about 6,700 square feet configured as loft, showroom, or office space, with ceiling heights that range from roughly 9 to 12 feet. The building’s drive-in doors open to a 23,000-square-foot lot that includes parking for approximately 54 cars, and there is an adjacent 25,000-square-foot lot available for use. The property is situated on a well-traveled street connecting Larchmont and the Village of Mamaroneck and is near retail along Mamaroneck Avenue as well as major transportation routes including I-95, the Hutchinson River Parking area, and Route 1/Boston Post Road; it is also within walking distance of the Metro-North Train Station.
Property profile
Verified
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Year built
2010
Total area
14,020 SF
Lot
0.69 ac (30,056 SF)
APN
553203 8-25-11
UPID
US63-3371953
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
-
Auto Parts Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.27M
Owner & transaction history
since 2013
1 recorded transaction
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.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 11 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$2.27M
Value range
$2.04M – $2.49M
±10% around blend
Estimated value / SF
$162 / SF
Confidence
High
11 county-verified comps
Property data
75
Market benchmarks
33
Comparable evidence
100
Income certainty
100
$2.04M
blend $2.27M
$2.49M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,020 SF
Lot area
0.69 ac
Year built
2010
Stories
2
APN
553203 8-25-11
Assessed value
$1,550,000
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$3.48M
Weighted, 11 comps · high confidence
Evidence
11 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.4 mi away · 11,100 SF
9.9 mi away · 12,700 SF
11.9 mi away · 15,000 SF
16.6 mi away · 15,000 SF
17.1 mi away · 12,500 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.27M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 72 sales
$363
-56%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $162/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
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
Comparable evidence · 11 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
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$2.72M
Move the market yield to see immediate price impact.
Value / SF
$194
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%
$171k
$3.42M
$2.45M
$1.90M
$190k
$3.80M
$2.72M
$2.11M
$209k
$4.19M
$2.99M
$2.33M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
11 found
High confidence · county-verified
Closest comparable
$3.82M
0.1 mi · Feb 2026 · $245/SF
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$1,550,000
Assessed 2023
Previous assessed
$1,550,000
+0.0% YoY
Assessed land
$1,180,000
Assessed improvement
$370,000
Land market value
$1,180,000
Improvement market value
$370,000
Total market value
$1,550,000
Applied tax rate
553,201.0000
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
Other warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
2010
Heating
NONE
Buildings
1
Stories
2
Total area
14,020 SF
Lot
0.69 ac (30,056 SF)
APN
553203 8-25-11
UPID
US63-3371953
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
2010
Heating
NONE
Stories
2
Buildings
1
Lot
0.69 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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.
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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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