Entity Owned Property summary
AI-generated overview
Riverhead Plaza is a community shopping center located on County Road 58 (Old Country Road), an east/west corridor connected to the Long Island Expressway (495). The center has an approximate gross leasable area of 210,195 square feet and includes 1,483 parking spaces. It is arranged to support multiple retail and commercial tenants serving both local and commuter traffic in the Riverhead area. The property is situated in proximity to major regional employers and civic facilities, including the IRS, Suffolk County Courts, and the Department of Motor Vehicles. A retail space within the center is configured for occupancy with an approximate size of 2,300 square feet.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1965
Total area
139,515 SF
Lot
12.3 ac (535,788 SF)
Zoning code
03 - MULTI-FAMILY
APN
0600-104.00-02.00-016.000
UPID
US63-3815327
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
-
Weight Loss Service Gym
-
Clothing & Fashion Store (Bike/Boat/Book/etc) 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
$1.33M
Owner & transaction history
since 2016
2 recorded transactions
Zoning & alternative use
03 - MULTI-FAMILY · Riverhead, NY
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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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.33M
Value range
$1.19M – $1.46M
±10% around blend
Estimated value / SF
$9 / SF
Confidence
Property data
88
Comparable evidence
60
$1.19M
blend $1.33M
$1.46M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
139,515 SF
Lot area
12.3 ac
Year built
1965
Stories
1
APN
0600-104.00-02.00-016.000
Zoning
03 - MULTI-FAMILY
Assessed value
$1,359,063
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.33M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
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: replacement-cost inputs are not on file.
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.
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
Professional Plan · 30 reports
from $99/month
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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$1.36M
Move the market yield to see immediate price impact.
Value / SF
$10
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%
$86k
$1.71M
$1.22M
$951k
$95k
$1.90M
$1.36M
$1.06M
$105k
$2.09M
$1.49M
$1.16M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$1,359,063
Assessed 2023
Previous assessed
$2,071,563
-34.4% YoY
Assessed land
$343,300
Assessed improvement
$1,015,763
Land market value
$3,695,371
Improvement market value
$10,933,940
Total market value
$14,629,311
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1965
Heating
NONE
Buildings
3
Stories
1
Total area
139,515 SF
Lot
12.3 ac (535,788 SF)
Zoning code
03 - MULTI-FAMILY
APN
0600-104.00-02.00-016.000
UPID
US63-3815327
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
03 - MULTI-FAMILY · Riverhead, NYZoning 03 - MULTI-FAMILY · permitted uses
03 - MULTI-FAMILY · Riverhead, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Stories
1
Buildings
3
Lot
12.3 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
03 - MULTI-FAMILY
Jurisdiction
Riverhead, NY
Recorded code
03 - MULTI-FAMILY
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 03 - MULTI-FAMILY 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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