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    Property profile & analytics

    700 Fenimore Rd Mamaroneck, NY 10543-2301

    • Industrial properties
    • 25,584 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimations
    $3,175,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-0453702
    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

    • videoexpertsinc / Engineer
    • Majestic Kitchens & Baths / Hardware & Home Improvement / Kitchen & Bath Showroom
    • KTM Architect / Architect

    Property Details for 700 Fenimore Rd

    Year built
    1950
    Lot size
    0.53 lot acres
    Property size
    25,584 SF
    Property type
    Industrial properties
    APN
    553203 8-30-292.1
    APU
    5532038302921

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,324,000
      Market price range: $915k - $3.32M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,980,000
      Current use
      RESTAURANT
      $5,285,000
      Change: +167% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,165,000
      Change: +60% Conversion: Easy
      COMMERCIAL (GENERAL)
      $2,885,000
      Change: +46% Conversion: Difficult
      MEDICAL BUILDING
      $2,740,000
      Change: +38% Conversion: Difficult
      RETAIL STORES
      $2,580,000
      Change: +30% Conversion: Moderate
      WAREHOUSE, STORAGE
      $1,950,000
      Change: -2% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mamaroneck
    County
    Westchester
    State
    New York
    Longitude
    -73.7446
    Latitude
    40.9511
    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
    $940,000
    $1,460,000
    $2,400,000
    -
    $940,000
    $1,460,000
    $2,400,000

    Comparable in this City

    • Value Estimation
      $1,275,000
      8,768 SF

      420 Ctr Ave

      INDUSTRIAL (GENERAL) • 8,768 SF
      420 Ctr Ave, Mamaroneck, NY 10543-2202
      View Details
    • Value Estimation by Request
      0.08 Acres

      631 Fenimore Rd

      INDUSTRIAL (GENERAL) • 0.08 Acres
      631 Fenimore Rd, Mamaroneck, NY 10543-2310
      View Details
    • Value Estimation by Request
      0.08 Acres

      629 Fenimore Rd

      INDUSTRIAL (GENERAL) • 0.08 Acres
      629 Fenimore Rd, Mamaroneck, NY 10543-2310
      View Details
    • Value Estimation
      $930,000
      6,800 SF

      608 Fayette Ave, Unit 10

      INDUSTRIAL (GENERAL) • 6,800 SF
      608 Fayette Ave, Mamaroneck, NY 10543-2241
      View Details
    • Value Estimation by Request
      0.17 Acres

      510 Ctr Ave

      INDUSTRIAL (GENERAL) • 0.17 Acres
      510 Ctr Ave, Mamaroneck, NY 10543
      View Details
    • Value Estimation by Request
      0.06 Acres

      Waverly Ave

      INDUSTRIAL (GENERAL) • 0.06 Acres
      Waverly Ave, Mamaroneck, NY 10543
      View Details

    Similar Nearby for Sale

    • $2,655,000
      13,900 SF

      Mamaroneck Industrial Property

      13,900 SF Industrial Building, 0.29 Acres
      430 Center Ave, Mamaroneck, NY 10543
      View Details
    • $1,050,000

      Industrial Property in Mamaroneck

      Industrial property available for sale in Mamaroneck, New York.
      603 Fayette Ave, Mamaroneck, NY 10543
      View Details
    • $1,300,000
      4,600 SF

      Mamaroneck Industrial Property - Great Value

      4,600 sq ft Industrial Building, 0.11 Acres
      603 Fayette Ave, Mamaroneck, NY 10543
      View Details
    • $695,000
      1,320 SF

      Mamaroneck Warehouse - $695K

      Downtown Mamaroneck warehouse, ideal for workshop or storage.
      406 Center Ave, Mamaroneck, NY 10543
      View Details
    • $1,825,000

      Mamaroneck Warehouse: Prime Location

      10,125 SF Warehouse, M-1 Zoning
      331 Waverly Ave, Mamaroneck, NY 10543
      View Details
    • $2,655,000

      Mamaroneck Warehouse and Industrial Property

      Two-building property near transit and business district.
      430 Center Ave, Mamaroneck, NY 10543
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,000 SF

      Freestanding Industrial Property For Rent

      Pristine industrial space with freezers, refrigeration, and updated features.
      432-436 Waverly Ave, Mamaroneck, NY 10543
      View Details
    • $1,200 /Mo

      Versatile Space in Mamaroneck, NY

      Bright, open floor plan suitable for various business types.
      820 Mamaroneck Ave, Mamaroneck, NY 10543
      View Details
    • $15 SF/Yr
      13,547 SF

      Mamaroneck Basement Storage Space

      Basement storage in downtown Mamaroneck, near train and amenities.
      313 Halstead Ave, Mamaroneck, NY 10543
      View Details
    • $3,700 /Mo
      6,098 SF

      Mamaroneck Commercial Flex Space Available

      Flex space ideal for contractors near Route 95.
      360 Mount Pleasant Ave, Mamaroneck, NY 10543
      View Details
    • $21 SF/Yr
      13,400 SF

      Waverly Ave Industrial Property

      Mamaroneck, NY Flex Space Available
      524 Waverly Ave, Mamaroneck, NY 10543
      View Details
    • Contact for pricing
      6,000 SF

      Former Bank Retail Space Available

      Highly visible retail location with ample parking and high ceilings.
      219 Mamaroneck Ave, Mamaroneck, NY 10543
      View Details

    Property Visit Statistics

    • Visits by month
      10.7k
    • Visitors by month
      6.9k
    • Avg Time on site
      12 min
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    700 Fenimore Rd
    Mamaroneck, NY 10543-2301
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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