Entity Owned Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1989
Total area
3,645 SF
Lot
0.39 ac (17,197 SF)
Zoning code
B2
APN
60 02603-0000-00015-0000-C0008
UPID
US59-1261621
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
-
Physician Medical Clinic
-
Physician Medical Clinic
-
Dental Office
-
Dental Office
-
Dental Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
$915k
Comparable Approach
Comparable
$978k
Blend (final)
Blend
$480k
Owner & transaction history
since 2010
1 recorded transaction
Zoning & alternative use
B2 · Teaneck, NJ
Top alternative use upside
Commercial (general)
$1.1M
+21.2%
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.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 14 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$480k
Value range
$432k – $528k
±10% around blend
Estimated value / SF
$132 / SF
Confidence
High
14 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
100
$432k
blend $480k
$528k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,645 SF
Lot area
0.39 ac
Year built
1989
APN
60 02603-0000-00015-0000-C0008
Zoning
B2
Assessed value
$800,000
Annual tax
$27,232
3
Income approach: direct capitalization
Partial preview
Income approach indication
$915k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$990k
@ 6.5% CAP return
$915k
@ 7% CAP return
$850k
4
Sales comparison
Partial preview
Sales approach indication
$4.99M
Weighted, 14 comps · high confidence
Evidence
14 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.3 mi away · 4,592 SF
15.3 mi away · 4,004 SF
16.3 mi away · 4,340 SF
17.4 mi away · 3,000 SF
18.4 mi away · 4,230 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$480k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 34 sales
$242
-45%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $132/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+21%
vs current-use indication
Office Building · current use
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
County record
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.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 14 sales
Market rates by use type
PDF export
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$800k
Move the market yield to see immediate price impact.
Value / SF
$219
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
5.00%7.00%9.00%
$50k
$1.01M
$720k
$560k
$56k
$1.12M
$800k
$622k
$62k
$1.23M
$880k
$684k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
14 found
High confidence · county-verified
Closest comparable
$7.83M
8.1 mi · Feb 2026 · $2,897/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$27,232
Tax year 2022
Assessed value
$800,000
Assessed 2023
Previous assessed
$800,000
+0.0% YoY
Effective rate
3.40%
On assessed value
Assessed land
$306,400
Assessed improvement
$493,600
Land market value
$306,400
Improvement market value
$493,600
Total market value
$800,000
Applied tax rate
60.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1989
Heating
NONE
Total area
3,645 SF
Lot
0.39 ac (17,197 SF)
Zoning code
B2
APN
60 02603-0000-00015-0000-C0008
UPID
US59-1261621
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B2 · Teaneck, NJZoning B2 · permitted uses
B2 · Teaneck, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
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
1989
Heating
NONE
Lot
0.39 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B2
Jurisdiction
Teaneck, NJ
Recorded code
B2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B2 in Teaneck, NJ.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
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
See the ownership record for this address.
Registration is required before any owner information is shown.
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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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