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Financial
Distress signals
Property profile

408 Commerce Rd Vestal, NY 13850

OFF-MARKET
Other warehouses
Property ID
US63-2533712
22,080 SF 7 ac lot Built 1988
Last sale Jun 2019 · $40,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office-focused commercial facility with approximately 15,000 square feet of interior space. It is configured with 14 individual offices, two conference rooms, and a large breakroom/kitchen area, and the multi-room layout supports flexible use across the space, with the building designed to be divisible for occupancy from a single office up through the full suite. The facility is located off Vestal Road, approximately one minute from Vestal Parkway, and includes additional garage/shop areas along with ample on-site parking to support operational needs.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$1.44M
Assessed land$300k
Assessed improvement$1.14M

Value estimate

· Oct 2026
$1.39M
$1.25M – $1.53M
Submarket $/SF estimate$1.50M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$49/SF
County average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$17 – $71

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ID
ID Abattoir or animal reductio works - - - T - Accessory use or building customarily incidental to a primary use when located on the same...
General categoryINDUSTRIAL
JurisdictionBROOME

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.5
Kitchen & Bath10.2
Convenience Store9.8

Location

408 Commerce Rd Vestal, NY 13850-2204
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
475 Prentice, Vestal, NY 13850 $500,000 Oct 2021 17,632 SF
134 Jensen, Vestal, NY 13850-2800 $485,000 Jul 2020 9,600 SF
423 Commerce, Vestal, NY 13850-2203 $465,000 Feb 2020 6,860 SF
413 Commerce, Vestal, NY 13850-2238 $45,000 Nov 2019 18,000 SF
1729 Vestal W, Vestal, NY 13850-1156 $195,000 Dec 2018 8,300 SF
3124 Shippers, Vestal, NY 13850 $440,000 Nov 2018 11,384 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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