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Property profile & analytics
OFF-MARKET
Estimated value
$8,855,000
Warehouses
780 138th St, Bronx, NY 10454-1906
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-0715215
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1920
Total area
76,100 SF
Lot
0.63 ac (27,315 SF)
Zoning code
M1-2
APN
02589-0001
UPID
US63-0715215
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
-
U-Haul Moving & Storage of Port Morris Car Rental Facility
-
U-Box at U-Haul (Bike/Boat/Book/etc) Store Rental Equipment Company
-
Truck Sales at U-Haul Car Dealership
-
Trailer Rental at U-Haul Car Rental Facility
-
Self-Storage at U-Haul Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.86M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.86M
Owner & transaction history
Mercury Storage 1-c, LLC · 2 yrs held
Mercury Storage 1-c, LLC
since 2024
Last sale
$8.9M
3 recorded transactions
Zoning & alternative use
M1-2 · Bronx, 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 Bronx submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bronx 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
$8,855,000
ML approach
$8,855,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.86M
Range $7.97M – $9.74M · ±10% · vs last sale $8.85M (Feb 22 2024)
Last sale anchor
$8.85M
Feb 22 2024
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
$116 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$398,833
Tax year 2024
Assessed value
$3,765,420
Assessed 2024
Previous assessed
$3,610,530
+4.3% YoY
Effective rate
10.59%
On assessed value
Assessed land
$250,650
Assessed improvement
$3,514,770
Land market value
$557,000
Improvement market value
$8,844,000
Total market value
$9,401,000
Applied tax rate
4.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1920
Heating
NONE
Buildings
1
Stories
6
Units
1
Total area
76,100 SF
Lot
0.63 ac (27,315 SF)
Zoning code
M1-2
APN
02589-0001
UPID
US63-0715215
Jurisdiction
BRONX
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-2 · Bronx, NY
Zoning M1-2 · permitted uses
M1-2 · Bronx, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bronx. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Stories
6
Buildings
1
Units
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Mercury Storage 1-c, LLC
Entity
Mailing address
207 E CLARENDON AVE, PHOENIX, AZ 85012-2072
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2024
$8,853,648
Mercury Storage 1-c, LLC
Uh Storage (de) Limited Partnership
Deed
$7,200,000 · Voya Investment Management LLC
Jul 26, 2004
—
Uh Storage De Limited Partne
Bmo Global Capital Solutions I
Grant Deed
$183,000,000 · Bank Of America
Apr 20, 2001
$50,000
Bmo Golbal Capital Solutions
Five Sac Self Storage Corp
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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