Entity Owned Property summary
AI-generated overview
The property is a retail shopping center located at the intersection of Jericho Turnpike and Woodbury Road, providing access to major highways. It is arranged as a mixed-use retail environment with a variety of shop and service categories, including apparel, personal care (skin and hair), health and fitness, and eyewear, and it includes an anchored grocery tenant operated as Fresh Market. The center includes covered walkways and has been updated with new lighting, and it is constructed as a multi-tenant retail facility. A retail space of 7,400 square feet is identified within the property’s configuration.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1998
Construction
FRAME
Total area
10,400 SF
Lot
4.2 ac (182,952 SF)
APN
14-039-00-0005
UPID
US63-1469473
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
-
(Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Restaurant
-
Cafe & Coffee Shop
-
Shopping Center & Mall
-
Ophthalmologist (Bike/Boat/Book/etc) Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.09M
CAP Approach
CAP
$7.41M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.13M
Owner & transaction history
since 2022
Last sale
$9.4M
4 recorded transactions
Zoning & alternative use
Top alternative use upside
Apartment house (5+ units)
$13.7M
+50.0%
Restaurant
$9.2M
+1.2%
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.
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$9.13M
Value range
$8.22M – $10.04M
±10% around blend
Estimated value / SF
$878 / SF
Confidence
Property data
88
Market benchmarks
33
Comparable evidence
60
$8.22M
blend $9.13M
$10.04M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
10,400 SF
Lot area
4.2 ac
Year built
1998
Stories
2
APN
14-039-00-0005
Assessed value
$113,207
Annual tax
$686,696
3
Income approach: direct capitalization
Partial preview
Income approach indication
$7.41M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$8.02M
@ 6.5% CAP return
$7.41M
@ 7% CAP return
$6.88M
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$9.13M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 32 sales
$877
+0%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $878/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+50%
vs current-use indication
Restaurant
Neighborhood: Shopping Center · current use
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
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: income and sales evidence cover the value conclusion.
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.
17% off on annual
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
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
5.30%
Implied, in-place cap rate for this strip malls
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.30%
9.0%
NOI (est.)
$660k *
Last sale · Dec 2022
$9.42M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$12.44M
Move the market yield to see immediate price impact.
Value / SF
$1,197
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
4.80%5.30%5.80%
$594k
$12.37M
$11.20M
$10.23M
$660k
$13.74M
$12.44M
$11.37M
$726k
$15.12M
$13.69M
$12.51M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$686,696
Tax year 2023
Assessed value
$113,207
Assessed 2023
Previous assessed
$122,936
-7.9% YoY
Effective rate
606.58%
On assessed value
Assessed land
$68,232
Assessed improvement
$44,975
Total market value
$11,320,700
Applied tax rate
534.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
2
Total area
10,400 SF
Lot
4.2 ac (182,952 SF)
APN
14-039-00-0005
UPID
US63-1469473
Jurisdiction
NASSAU
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
4
Lot
4.2 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
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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
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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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