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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Grocery and convenience stores
840 Elmont Rd Elmont, NY 11003-4026
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-2606890
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
912 SF
Lot
0.52 ac (22,782 SF)
APN
32-F02-00-0530
UPID
US63-2606890
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
-
Mobil Gas Station
-
Bolla Market Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
Exxon Mobil Corporation · 3 yrs held
Exxon Mobil Corporation
since 2023
7 recorded transactions
Zoning & alternative use
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 Elmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elmont 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$987 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$104,960
Tax year 2023
Assessed value
$18,222
Assessed 2023
Previous assessed
$18,222
+0.0% YoY
Effective rate
576.01%
On assessed value
Assessed land
$5,585
Assessed improvement
$12,637
Total market value
$1,822,200
Applied tax rate
435.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
912 SF
Lot
0.52 ac (22,782 SF)
APN
32-F02-00-0530
UPID
US63-2606890
Jurisdiction
NASSAU
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Exxon Mobil Corporation
Entity
Free & Clear · 3 yrs held
Mailing address
22777 SPRINGWOODS VLG PKWY, SPRING, TX 77389-1425
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2023
—
Exxon Mobil Corporation
Blue Hills Fuels LLC
Lease
—
Feb 25, 2020
—
Blue Hills Fuels LLC
—
Deed
related
$126,485,595 · Manufacturers & Traders Tr
Oct 19, 2016
—
Blue Hills Fuels LLC
—
Deed
related
$120,800,000 · Capital One NA
Mar 1, 2016
$1,117,511
Blue Hills Fuels LLC
Cumberland Farms INC
Warranty Deed
—
Mar 3, 2011
—
Cumberland Eat LLC
—
Trustees Deed
related
$11,555,530 · Cumberland Farms INC
Mar 2, 2011
$987,986
Cumberland Eat LLC
Exxonmobil Oil Corp
Grant Deed
—
—
—
Blue Hills Fuels LLC
—
Loan Modification, Consolidation And Extension
related
$240,000,000 · Manufacturers & Traders Tr
—
—
Blue Hills Fuels LLC
—
Deed Of Trust
related
$120,800,000 · Capital One NA
—
—
Blue Hills Fuels LLC
—
Deed Of Trust
related
$126,485,595 · Manufacturers & Traders Tr
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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