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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Investment properties
79-83 Ramapo Rd, Garnerville, NY 10923
Entity Owned
5-yr Hold
Free & Clear
Property ID
US63-2470499
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1955
Total area
4,875 SF
Lot
0.28 ac (12,197 SF)
Zoning code
361
APN
392203 26.10-3-15
UPID
US63-2470499
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
$615k
Comparable Approach
Comparable
$555k
Blend (final)
Blend
$620k
Owner & transaction history
7983 Rr LLC · 5 yrs held
7983 Rr LLC
since 2020
Last sale
$450,000
2 recorded transactions
Zoning & alternative use
361 · Garnerville, 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 Garnerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garnerville 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
$805,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
$665,000
6.5%
$615,000
7%
$570,000
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $450k (Oct 26 2020)
Last sale anchor
$450k
Oct 26 2020
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
$127 / 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
Property tax & assessments
Assessed value
$330,800
Assessed 2023
Previous assessed
$330,800
+0.0% YoY
Assessed land
$180,500
Assessed improvement
$150,300
Land market value
$294,501
Improvement market value
$245,228
Total market value
$539,729
Applied tax rate
392,201.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1955
Heating
NONE
Buildings
1
Stories
1
Total area
4,875 SF
Lot
0.28 ac (12,197 SF)
Zoning code
361
APN
392203 26.10-3-15
UPID
US63-2470499
Jurisdiction
ROCKLAND
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
361 · Garnerville, NY
Zoning 361 · permitted uses
361 · Garnerville, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Garnerville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Heating
NONE
Stories
1
Buildings
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
7983 Rr LLC
Entity
Free & Clear · 5 yrs held
Mailing address
79 RAMAPO RD #83, GARNERVILLE, NY 10923-1735
Ownership since
2020
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
Oct 26, 2020
$450,000
7983 Rr LLC
Yo Soy Emprendedor INC
Grant Deed
—
Jul 6, 2016
$457,500
Yo Soy Emprendedor INC
Gizzi,philip J
Grant Deed
$400,000 · Philip Gizzi
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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