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Property profile & analytics
OFF-MARKET
Estimated value
$8,370,000
Warehouses
579 Edwards Ave, Calverton, NY 11933-1627
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-1733488
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Total area
66,810 SF
Lot
10.5 ac (457,380 SF)
Zoning code
IND C
APN
0600-117.00-01.00-004.001
UPID
US63-1733488
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
-
FedEx Ship Center Courier Service Postal Service
-
Danny Commercial Heating & Cooling INC HVAC Service General Contractor
-
The Muffin Monarchy Bakery Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.39M
Blend (final)
Blend
$8.37M
Owner & transaction history
Nl Edwards Ny LLC · 4 yrs held
Nl Edwards Ny LLC
since 2022
Last sale
$7.7M
2 recorded transactions
Zoning & alternative use
IND C · Calverton, 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 Calverton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Calverton 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
Method
Estimation
Statistic approach
$6,950,000
ML approach
$9,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.37M
Range $7.53M – $9.21M · ±10% · vs last sale $7.69M (Jun 22 2022)
Last sale anchor
$7.69M
Jun 22 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$125 / SF
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
$706,700
Assessed 2023
Previous assessed
$706,700
+0.0% YoY
Assessed land
$147,000
Assessed improvement
$559,700
Land market value
$1,582,347
Improvement market value
$6,024,758
Total market value
$7,607,105
Applied tax rate
473,002.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2001
Heating
STEAM
Buildings
1
Stories
1
Bathrooms
1
Total area
66,810 SF
Lot
10.5 ac (457,380 SF)
Zoning code
IND C
APN
0600-117.00-01.00-004.001
UPID
US63-1733488
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
IND C · Calverton, NY
Zoning IND C · permitted uses
IND C · Calverton, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Calverton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Heating
STEAM
Stories
1
Buildings
1
Bathrooms
1
Lot
10.5 ac
Current owner
From public records · entity-resolved
Nl Edwards Ny LLC
Entity
Mailing address
5353 WAYZATA BLVD STE #205, MINNEAPOLIS, MN 55416-1316
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2022
—
Nl Edwards Ny LLC
Terminal Logistics 2
Deed
$60,720,000 · Cibc Bank USA
Jul 27, 2015
—
Caleast Nat City Stations LLC
Town Of Riverhead Indl Dev Agcy
Grant Deed
related
—
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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